Consumer Bureau Takes Action Against Trustmark Bank

CFPB Alleges Bank Engaged in Redlining in Memphis

The Consumer Financial Protection Bureau (CFPB) along with the Department of Justice and Office of the Comptroller of the Currency are taking action against Trustmark National Bank for alleged redlining against Black and Hispanic neighborhoods in Memphis, TN.

The CFPB and DOJ allege that Trustmark discriminated against Black and Hispanic neighborhoods by deliberately not marketing, offering, or originating home loans to consumers in…