Mon., April 29, 2013 11:00am (EDT)

Ga. Bank Fined For Lending Discrimination
By Associated Press
Updated: 1 year ago

ATLANTA  —  
A metro Atlanta bank is being fined $25,000 by the Federal Deposit Insurance Corp., which says the bank discriminated against borrowers by publishing marketing materials exclusively in Asian languages. The bank did not admit to any violations by consenting to the fine. (Photo Courtesy of Arnob Alam via Flickr.)
A metro Atlanta bank is being fined $25,000 by the Federal Deposit Insurance Corp., which says the bank discriminated against borrowers by publishing marketing materials exclusively in Asian languages. The bank did not admit to any violations by consenting to the fine. (Photo Courtesy of Arnob Alam via Flickr.)
A metro Atlanta bank is being fined $25,000 by federal authorities who say the bank discriminated against borrowers by publishing marketing materials exclusively in Asian languages.

The First Intercontinental Bank of Doraville agreed to the fine in a consent agreement with the Federal Deposit Insurance Corp.

The FDIC says the bank printed all of its marketing materials in only Asian languages for more than two years, from March 2007 to June 2009. The FDIC concluded the practice showed a pattern of discrimination against potential borrowers.

The bank did not admit to any violations by consenting to the fine.