A lawsuit filed by ECBA alleging that M&T Bank discriminated on the basis of race and national origin in its lending practices has been resolved for $485,000 in damages and attorneys’ fees, plus changes in the bank’s loan products and policies. M&T Bank agreed not to use neighborhood racial criteria in its residential mortgage programs, to revise its fair lending policies and training program for loan officers, and to implement other reforms. In their complaint filed in early 2015, nine African American, Hispanic, South Asian, and white testers, along with the Fair Housing Justice Center, alleged that two of the bank’s New York City loan officers had discriminated against them during the pre-application stage of inquiring about home mortgages. Even though minority testers were assigned by FHJC to have more income, greater assets, fewer debts, and higher credit scores than their white counterparts, they alleged that the bank told them to consider lower home prices, higher cost loans or, in one instance, not to buy a home. Further, the plaintiffs alleged that they were steered away from certain loan products as well as neighborhoods because of their race and the racial composition of New York City neighborhoods.