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Citadel Federal to pay over $6.5m in first redlining case against a credit union

The institution failed to provide mortgage lending services to residents of predominantly non-white neighborhoods for about five years, DOJ said.

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Julie DiMauro

Philadelphia food bank
A food bank in Philadelphia, statistically the US's poorest big city. Photo: Spencer Platt/Getty Images
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In a first-ever case of its kind, Citadel Federal Credit Union has settled with the US Department of Justice (DOJ), agreeing to pay $6.52m to resolve allegations of redlining.

The DOJ has never entered a redlining settlement with a credit union before, and the move clarifies “our intent to hold

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