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New York: Bank Didn't Lend to Blacks in Buffalo



ALBANY, N.Y. (AP) - New York's attorney general is accusing a mortgage lender of refusing to offer financing to African-Americans living in Buffalo.

Eric Schneiderman filed a lawsuit in U.S. District Court on Tuesday alleging accusing Evans Bank of intentionally excluding predominantly African-American neighborhoods on the city's east side from its lending area.
  
In a statement, bank President David Nasca says Evans will "vigorously" defend itself against meritless accusations.
  
Schneiderman says the lawsuit is part of a wider investigation by his office into the illegal practice of redlining, in which a lender denies access to mortgages or charges more in certain neighborhoods based on race.
  
The lawsuit alleges that more than 75 percent of Buffalo's African-American population was denied access to the bank's mortgage products.
  
Evans Bank has 13 branches in western New York.
 

Filed Under :  
Locations : AlbanyBuffaloNew YorkWestern New York
People : David NascaEric Schneiderman
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