| With
US Banks Being Handed Out Key Bank
Cannot Get a Handout As Key to
Disinvestment
by
Matthew Russell Lee, Patreon Book
Substack
FEDERAL
COURTHOUSE, March 29 – Key
Bank is in decline, both in
consumer compliance and in
fair
lending.
Now
with the US bank regulators
giving away troubled banks,
Silicon Valley Bank to First
Citizens, and Signature Bank
to NYCB, it is imperative they
know the Key Bank cannot be
given any more branches, any
more communities to take
advantage of. Already, Key has
government contract to
distribute benefits, and
garnish wages.
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 -
just ask NCRC.
Key Bank
is, Fair Finance Watch now
says, the Key to
Disinvestment. It is the
redlining bank.
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.
In
amateur response, KeyBank on
February 7 bragged on the
for-pay CSR Wire about grants
it is giving out. But how do
they compare to the lending
promises Key made, and
broke? Watch this
site
***
Your
support means a lot. As little as $5 a month
helps keep us going and grants you access to
exclusive bonus material on our Patreon
page. Click
here to become a patron.
Feedback:
Editorial [at] innercitypress.com
Press Room 480, front cubicle
500 Pearl Street, NY NY 10007 USA
Mail: Box 580188, Mount Carmel
Station, Bronx NY 10458
Reporter's mobile (and weekends):
718-716-3540
Other, earlier Inner City Press are
listed here,
and some are available in the ProQuest
service, and now on Lexis-Nexis.
Copyright 2006-2023 Inner City
Press, Inc. To request reprint or other
permission, e-contact Editorial [at]
innercitypress.com
|
,
