State of New York accuses Evans Bank of redlining

New York Attorney General Eric Schneiderman has charged Evans Bancorp in Hamburg, N.Y., with deliberately failing to provide mortgages in minority neighborhoods in Buffalo. In a lawsuit filed Tuesday, Schneiderman accused the $822 million-asset bank of redlining on the eastern side of the city.

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"We believe that the allegations being made by the New york state attorney general are unfounded and without substance, and we will vigorously defend this complaint through the legal system," David J. Nasca, president and chief executive of Evans Bank, said in a statement, adding that he was "disappointed" to learn about the pending action.

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NEW YORK, Sept 2 (Reuters) – Regional New York bank Evans Bancorp was accused of illegally discriminating. of their creditworthiness in a practice known as redlining. Eric Schneiderman, the state’s.

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NEW YORK (Reuters) – Regional New York bank Evans Bancorp was accused of illegally discriminating. of their creditworthiness in a practice known as redlining. Eric Schneiderman, the state’s.

The State of New York announced Thursday that it reached a settlement with Evans Bank (EVBN) over allegations of unlawful discriminatory mortgage practices, also called redlining. New York sued Evans Bank last year, accusing the bank of "systematically" denying its mortgages and services to African-Americans in the Buffalo metro area.

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The Legacy of Redlining New York Accuses Evans Bank of Redlining. The Compliance Exchange September 2, 2014 Uncategorized No Comments. Drawn in thick marker along the map of upstate New York, the line snaked down the Niagara River and zigzagged east to outline a swath of Buffalo and its surrounding neighborhoods..

 · The State of New York announced Thursday that it reached a settlement with Evans Bank (EVBN) over allegations of unlawful discriminatory mortgage practices, also called redlining. New York sued Evans Bank last year, accusing the bank of “systematically” denying its mortgages and services to African-Americans in the Buffalo metro area.

New York Accuses Evans Bank of Redlining [NYTimes.com] Samantha Sangenito ACEs Connection Staff 9/3/14 4:00 AM Drawn in thick marker along the map of upstate New York, the line snaked down the Niagara River and zigzagged east to outline a swath of Buffalo and its surrounding neighborhoods.