| Key
Bank Amid Data Breach Lawsuits Brags of
Goodwill Grant As Engages In Disparate
Loans
By Matthew
Russell Lee, Patreon
SOUTH BRONX, June
21 - Key Bank is in decline,
both in consumer compliance
and in fair lending.
Reporting
from and on the Federal
courts, Inner City Press has
noticed a slew of data breach
cases filed against KeyCorp,
since August 2022, now moving
toward a multi-district
consolidation - in February
2023 to the Northern District
of Georgia, to the Honorable
Steven D. Grimberg.
Fair
Finance Watch, looking at Key
Bank's 2021 lending at first
in New York State, notes that
while Key Bank made 7916
mortgage loans to whites, with
1733 denials, it made only 266
loans to African Americans,
with fully 140 denial.
It should
be sued by the Department of
Justice, and many
others.
In amateur
response, KeyBank on June 20
bragged about a grant to
Goodwill Industries of
Michiana, Inc. Seth
Keirns,
KeyBank
Northern
Indiana Market
President,
gushed that "At
Key, we’re passionate about
removing barriers" - just not
barriers to fair lending and
fair housing.
How do
these grants compare to the
lending promises Key made, and
broke? Watch this site.
***
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