Announces Actions to

TN 2022 Community Banks / Credit Unions

DOJ Fraud

Penalty

$1.3 million

Outcome

Justice Department Announces Actions to Resolve Lending Discrimination Claims Against Evolve Bank & Trust Settlement Provides $1.3 Million to Compensate Affected Borrowers

Details

Announces Actions to — DOJ Enforcement (2022)

Outcome: Justice Department Announces Actions to Resolve Lending Discrimination Claims Against Evolve Bank & Trust Settlement Provides $1.3 Million to Compensate Affected Borrowers

How Crucible Prevents This

Crucible's compliance monitoring for Community Banks / Credit Unions would have detected the patterns underlying this enforcement action.

Source: DOJ Press Release — Justice Department Announces Actions to Resolve Lending Discrimination Claims Against Evolve Bank & Trust Settlement Provides $1.3 Million to Comp

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