Company Overview of National City Bank
As of November 7, 2009, National City Bank was acquired by PNC Bank, National Association. National City Bank offers financial services. It provides corporate and small business banking, treasury management, personal banking, investment services, item processing, mortgage servicing, and insurance services. The company also offers online training services on financial and investment management, as well as provides online banking services. National City Bank has branches in Illinois, Indiana, Kentucky, Michigan, Ohio, and Pennsylvania. National City Bank was formerly known as The National City Bank Of Cleveland and changed its name to National City Bank in April 1973. The company was founded i...
1900 East Ninth Street
Cleveland, OH 44114
Founded in 1845
Key Executives for National City Bank
National City Bank does not have any Key Executives recorded.
National City Bank Key Developments
US Slaps National City Bank with $35 Million Fine in Lending-Discrimination Case
Dec 25 13
National City Bank charged higher prices on mortgage loans to African-American and Hispanic borrowers than similarly creditworthy white borrowers between the years 2002 and 2008. The $35 million settlement fund will be used to recompense harmed African-American and Hispanic borrowers. The bank violated the Fair Housing Act and the Equal Credit Opportunity Act (ECOA) by charging more than 75,000 African-American and Hispanic borrowers based on their race or national origin. In 2009, PNC Financial Services Group acquired Cleveland National City Bank, and is the successor in interest to the lender. The charges in the complaint relate solely to loans originated by the bank and do not relate to any mortgage lending practices of PNC Financial Services Group. As per the terms of the proposed settlement, PNC will reimburse $35 million into a fund for the benefit of victims of the bank's mortgage discrimination.
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