That push for tougher standards came after U.S Justice Department officials levied a $13 million settlement in 2022 against Lakeland Bank over alleged redlining of Black and Hispanic customers.
Both banks are supervised by the Federal Deposit Insurance Corp. Because they both have bank holding companies, they are also supervised by the Fed. The merger was approved despite fair lending ...
(the “Company”), the parent company of Lakeland Bank (“Lakeland”), reported net income of $19.8 million and earnings per diluted share ("EPS") of $0.30 for the three months ended March 31 ...
(RTTNews) - Provident Financial Services Inc. (PFS), the parent company of Provident Bank, and Lakeland Bancorp Inc. (LBAI), the parent company of Lakeland Bank, announced receipt of regulatory ...
OAK RIDGE, N.J. (AP) — OAK RIDGE, N.J. (AP) — Lakeland Bancorp Inc. (LBAI) on Friday reported net income of $19.8 million in its first quarter. The bank, based in Oak Ridge, New Jersey ...
Under the Payment Clearing and Settlement Act, the Bank is responsible for the oversight of FMIs that have the potential to pose systemic or payments system risk. These include three types of ...