Clarem Cusack News Today

For the first time, the city's Banking Commission accepted public testimony before voting on which banks could hold city dollars.

By Susan Arbetter City of Albany PUBLISHED 5:59 PM ET May. 03, 2021 PUBLISHED 5:59 PM EDT May. 03, 2021 SHARE For decades, many banks in the U.S. denied mortgages to people of color based strictly on race or the neighborhood where they lived. The practice, which started in the 1930s, was called red-lining and it was backed by the U.S. governmen...