How To Avert Bank Redlining Through Fair, Inclusive, and Innovative Marketing Practices
Bank redlining is still a real regulatory and reputational risk, even for institutions that never intended to discriminate. Unintentional exclusion through geotargeting, loan promotions, or algorithmic decision-making can trigger the same consequences as deliberate bias, and the DOJ’s record $13.5 million settlement in 2023 shows regulators aren’t slowing down. Routine audits of marketing, data practices, and automated systems are the best way to stay ahead of fair lending scrutiny. Discover what to check before regulators do.