The banker's remarks were an apparent response to a May series of articles in The Atlanta Journal-Constitution that showed a paucity of mortgage lending by Atlanta banks and savings and loans in predominantly black parts of town. Strickland did not dispute the numbers used in the articles, which were based on lenders' reports to the federal government. But he said any disparities were unintentional. The convention of the 1,500-member minority bankers organization is being held through today at the Westin Peachtree Plaza. Of the other banks and savings and loans, Trust Company ranked fifth, with three times as many loans per structure in white areas as in black ones.
Credit is readily available .
Trust Company was unsuccessfully challenged under the law last year by a coalition of community groups. Go to the next article or back to the Color of Money index or Fair Lending or Power Reporting Reprinted with permission from The Atlanta Journal and The Atlanta Constitution. Further reproduction, retransmission or distribution of these materials without the prior written consent of The Atlanta Journal and The Atlanta Constitution, and any copyright holder identified in the material's copyright notice, is prohibited.