---
schema_version: "secwatch.filing_event.v1"
accession: "0001004702-24-000104"
form_type: "8-K"
ticker: "OCFC"
cik: "0001004702"
company_name: "OCEANFIRST FINANCIAL CORP"
filed_at: "2024-09-18T23:59:59+00:00"
generated_at: "2026-05-31T03:50:13.709171+00:00"
event_type: "regulatory"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# OceanFirst Bank settles fair lending claims; commits $14M to mortgage subsidy fund

## Summary
- OceanFirst Bank voluntarily resolved DOJ and HUD claims under Equal Credit Opportunity Act and Fair Housing Act for New Brunswick area lending.
- Bank commits at least $14M to a mortgage loan subsidy fund over 5 years for eligible residents in Middlesex and Monmouth counties.
- Also agrees to invest $400K in community partnerships, $140K/year marketing, and provide financial education workshops.
- No civil penalties; settlement continues existing loan and community development programs.

## SEC filing metadata
- accession: 0001004702-24-000104
- form_type: 8-K
- ticker: OCFC
- cik: 0001004702
- company_name: OCEANFIRST FINANCIAL CORP
- filed_at: 2024-09-18T23:59:59+00:00
- event_type: regulatory
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1004702/000100470224000104/0001004702-24-000104-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1004702/000100470224000104/ocfc-20240918.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001004702-24-000104
- JSON: https://secwatch.observer/filing/0001004702-24-000104.json
- Plain text: https://secwatch.observer/filing/0001004702-24-000104.txt

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