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Company: Park National Bank
Current Parent Company:
Park National Corp.
Parent at the Time of the Penalty Announcement:
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Penalty: $9,000,000
Year: 2023
Date: February 28, 2023
Offense Group: consumer-protection-related offenses
Primary Offense: discriminatory practices (non-employment)
Violation Description: The Justice Department announced a $9 million agreement to resolve allegations that Park National Bank, headquartered in Newark, Ohio, engaged in a pattern or practice of lending discrimination by redlining in the Columbus metropolitan area.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Civil Rights Division
Civil or Criminal Case: civil
Facility State: Ohio
Facility City: Newark
HQ Country of Current Parent: USA
HQ State of Current Parent: Ohio
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: banking
Source of Data:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.