Ameris Bancorp settles DOJ fair lending claims with $7.5M in mortgage subsidies, no penalty

Ameris Bancorp

Settlement resolves alleged fair lending violations in Jacksonville metro area from 2016-2021.
Ameris Bank to provide $7.5M in mortgage loan subsidies over 5 years in majority Black/Hispanic census tracts.
Additional commitments: $900K for advertising/outreach, $600K for community partnerships, and new full-service branch.
No civil monetary penalties imposed; settlement requires court approval.
Ameris denies violations but settles to avoid litigation distraction.

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