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Violation Tracker Individual Record

Company: American Bank of Oklahoma
Penalty: $1,150,000
Year: 2023
Date: August 28, 2023
Offense Group: consumer-protection-related offenses
Primary Offense: discriminatory practices (non-employment)
Violation Description: The Justice Department announced a settlement agreement to resolve allegations that American Bank of Oklahoma engaged in a pattern or practice of lending discrimination by redlining in Tulsa, Oklahoma. The affected area includes the historically Black neighborhoods that were the site of the 1921 Tulsa Race Massacre. Under the consent order, American Bank of Oklahoma agreed to invest over $1.15 million to increase credit opportunities in neighborhoods of color in the Tulsa metropolitan area.
Level of Government: federal
Action Type: agency action
Agency: U.S. Attorney-Northern District of Oklahoma
Civil or Criminal Case: civil
Facility State: Oklahoma
Facility City: Tulsa
Source of Data: (click here)
Archived Source: (click here)
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.