Park National Bank Agrees to Pay $9 Million to Resolve DOJ Suit. (white liberal) Bank Officials Engaged in Redlining Practices by Not Providing Mortgage Services to Black and Latino Areas in Columbus
What is a “White Supremacist?” A white person (a racist) who practices racism against non-whites. A RACIST IS ANY WHITE PERSON ENGAGED IN MASTER-SERVANT RELATIONS WITH NON-WHITE PEOPLE. [MORE]
Being a white supremacist has nothing to do with income, title, status or POLITICAL PARTY. Notice that liberal and conservative whites rarely attempt to define the highly observable phenomenon of racism. Nevertheless, said racist suspects constantly chatter about racism in terms of mean words, DISRESPECT and affiliation with clown groups, such as KKK, nazis, proud boys, MAGA etc. Racism is not primarily about bigotry - minor inconveniences such as name calling, stereotypes or other mean words OR PERSONALIZED CONDUCT. Also, there are differENT ways to practice white supremacy. Rather, racism/white supremacy is about the superior, dominate position of whites and vast unequal power and opportunities and maintaining the imbalance of power through Black people’s cooperative control. A white supremacist can be a soccer mom, a businessman, or a US Senator if they are practicing racism against non-whites. [MORE] Belief that racism is bigotry is a vital part of false programming sold by elite whites - white publishers, professionals, professors and government representatives, ETC and promoted by showcase Blacks who parrot such programming in various styles. [MORE]
Amos Wilson explained that defining racism in terms of attitude or bigotry will absolutely lead to solving the wrong problems. ACCORDING TO FUNKTIONARY:
Racism White Supremacy - psychopathic degeneracy. 2) "The local and global power system and dynamic, structured and maintained by persons who classify themselves as white, whether consciously or subconsciously determined, which consists of patterns of perception, logic, symbol formation, thought, speech, action and emotional response, as conducted simultaneously in all areas of people activity (economics, education, entertainment, labour, law, politics, religion, sex and war); for the ultimate purpose of white genetic survival and to prevent white genetic annihilation on planet earth—a planet upon which the vast majority of people are classified as non-white (Black, Brown, Red and Yellow) by white skinned people, and all of the nonwhite people are genetically dominant (in terms of skin coloration) compared to the genetic recessive white skin people." -Dr. Francis Cress Welsing, MD.
From [HERE] Park National Bank (“Park National”), based in Ohio, has agreed to pay $9 million to settle allegations brought by the U.S. Department of Justice (DOJ) that it engaged in unlawful redlining practices in the Columbus metropolitan area by not providing mortgage lending services to majority-Black and Hispanic communities from 2015 to 2021.
According to the DOJ’s complaint filed with the U.S. District Court for the Southern District of Ohio, Park National concentrated all of its branches and mortgage lenders in majority-White neighborhoods and did not take any significant steps to make up for its absence in majority-Black and Hispanic communities. Further, the DOJ alleges that peer lenders generated mortgage applications at a rate between five and ten times higher than that of Park National in the majority-Black and Hispanic neighborhoods, and that peer lenders extended mortgage loans in such neighborhoods at a rate between 4.5 and 12.5 times higher than that of Park National.
Park National and the DOJ memorialized their agreement to settle all of the DOJ’s claims through a consent order filed with the federal court on February 28, 2023. Under the consent order, Park National agreed to invest at least $7.75 million in a loan subsidy fund to provide subsidies for home mortgage loans, home improvement loans, home refinance loans, and home equity loans for applicants in majority-Black and Hispanic communities in the Columbus area. Park National also pledged to allocate at least $750,000 towards advertising, outreach, consumer financial education, and credit counseling in the Columbus area. Further, Park National agreed to invest a minimum of $500,000 developing partnerships with community-based or governmental organizations to provide services related to credit, financial education, homeownership, and foreclosure prevention to residents of majority-Black and Hispanic census tracts in the Columbus Area. Additionally, Park National will open a new full service branch and a mortgage loan production office in majority-Black and Hispanic neighborhoods in the Columbus area, and assign at least four mortgage lenders, including a Spanish-speaking lender, to serve such neighborhoods.
The allegations made by the DOJ in the complaint, and the remedies provided for in the consent order, reflect the types of allegations and remedies in recent redlining settlements resulting from the DOJ’s Combating Redlining Initiative that was launched by Attorney General Merrick B. Garland in October 2021. The initiative is a nationwide effort to address lending discrimination against communities of color and, the settlement with Park National is part of the initiative. Since the initiative’s launch, the DOJ has announced six redlining cases and settlements, including settlements with Trustmark National Bank and Lakeland Bank, securing $84 million in relief for communities of color affected by lending discrimination across the United States.
In October 2021, in connection with announcing the initiative to combat redlining, the DOJ also announced the settlement with Trustmark National Bank regarding allegations of redlining in Memphis, Tennessee. Further, in October 2022, the DOJ settled with Lakeland Bank regarding allegations of redlining in Newark, New Jersey.