First National Bank of America reaffirms its commitment to diversity and inclusion by actively promoting an inclusive workplace. This initiative is seen as a positive counteraction to authoritarian tendencies by strengthening equitable labor practices and embracing diversity as a core business value.

First National Bank agreed to a $13.5 million settlement with the DOJ over allegations of redlining—failing to offer adequate mortgage services to predominantly Black and Hispanic neighborhoods in Charlotte and Winston-Salem. This event raises serious concerns about the bank's business practices and broader public responsibility in upholding equitable access to financial resources.

First National Bank of America settled a $13.5 million lawsuit following DOJ allegations that it engaged in redlining by closing branches in minority neighborhoods and denying mortgage services to Black and Latino bidders over a period of at least four years. This unethical practice contributed to systemic racial discrimination and economic inequality.

The U.S. Department of Justice mandated a $13.5 million settlement with First National Bank after it was found to have engaged in redlining practices over at least four years. The bank was accused of closing branches in majority-minority neighborhoods and failing to provide mortgage services to Black and Latino communities, reinforcing systemic discrimination.