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(NNPA) — In recent months a series of settlements by the federal Department of Justice signal that charges of discriminatory lending not only have validity; but occur with amazing similarity in different locales. In the past week, a lawsuit against mortgage lending practices in the St. Louis metropolitan area ended with a $1.45 million settlement to resolve charges of discriminatory patterns and practices. Midwest Bank Centre agreed to open a full-service branch in a majority African-American area of the metro. Additionally other terms of the settlement call for $900,000 to increase the amount of lending to majority African-American neighborhoods;$300,000 for consumer education and credit repair programs; and $250,000 for outreach to promote their products and services to prospective customers.

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