Released: March 03, 2018
NAACP sues Capital One Bank, alleging discrimination in banking services
Source: L.M. Sixel, Houston Chronicle
Two Houston civil rights groups have sued the financial services company Capital One, alleging that it has discriminated against blacks and Latinos by closing more than half its banking offices in minority neighborhoods while adding them in areas that are predominantly white.
The lawsuit, filed this week in U.S. District Court in Houston by the local chapters of the NAACP and LULAC, the League of United Latin American Citizens, alleges that Capital One violated federal fair housing and credit laws, relegating minority customers to “debit-card-bankers-only” who can only deposit and withdraw funds in limited service branches while reserving full service banking offerings, including mortgages and other lending, for the bank’s white customers.
Capital One called the allegations baseless.
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