[poundwise]

Originally Posted by sweeps

Maybe it's because they're not playing by the rules?

This only has to do with the CRA (Community Reinvestment Act) and only pertains to their dealings in the state of Florida.

Essentially, the complaint is that they didn't (as of December 2006) make enough loans and provide enough other services to "low-and moderate income individuals and businesses in their service areas." The CRA requires banks to do this.

"The FDIC gave OneUnited CRA ratings of satisfactory for its overall business and for Massachusetts, and outstanding for California. The FDIC report told OneUnited to make improvements in Florida..."