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Emigrant Bank

Controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

Back to profile2 entries

  1. 2025

    Second Circuit affirmation of STAR NINA judgment

    The United States Court of Appeals for the Second Circuit affirmed the judgment arising from the STAR NINA mortgage discrimination litigation.

  2. 2016

    STAR NINA mortgage discrimination case

    A federal jury found that Emigrant’s STAR NINA mortgage-lending program discriminated on the basis of race. The program allowed an 18 percent default interest rate after a missed payment. A first jury awarded $950,000 in compensatory damages, while later proceedings resulted in a $722,044 compensatory award plus nominal damages.