---
schema_version: "secwatch.filing_event.v1"
accession: "0000805676-23-000038"
form_type: "8-K"
ticker: "PRK"
cik: "0000805676"
company_name: "PARK NATIONAL CORP /OH/"
filed_at: "2023-02-28T23:59:59+00:00"
generated_at: "2026-06-18T22:58:58.469884+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Park National Bank settles DOJ mortgage discrimination claims; commits $7.75M to loan subsidy fund

## Summary
- Park National Bank agreed to invest $7.75M over 5 years in a loan subsidy fund for majority-minority census tracts in Columbus area.
- Bank will spend at least $500K over 5 years on community development partnerships and $150K/year on advertising and financial education.
- Park will open one new mortgage loan production office and one full-service branch in majority-minority tracts, and hire 4 lenders including a Spanish-speaking one.
- Bank denies intentional discrimination but resolves DOJ claims under Fair Housing Act and Equal Credit Opportunity Act.
- Consent order requires court approval; Park will maintain a Director of Community Home Lending and Development.

## SEC filing metadata
- accession: 0000805676-23-000038
- form_type: 8-K
- ticker: PRK
- cik: 0000805676
- company_name: PARK NATIONAL CORP /OH/
- filed_at: 2023-02-28T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/805676/000080567623000038/0000805676-23-000038-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/805676/000080567623000038/prk-20230228.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000805676-23-000038
- JSON: https://secwatch.observer/filing/0000805676-23-000038.json
- Plain text: https://secwatch.observer/filing/0000805676-23-000038.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.