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First Guaranty Bank

Controversies

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

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  1. 2019

    Allegations of racial discrimination in lending

    Reporting associated with a New York Times podcast alleged that First Guaranty Bank discriminated against African-American farmers June and Angie Provost. The reported claims included changing loan amounts and forging applicant signatures, with alleged consequences including financial pressure and foreclosure of the farmers' farm and home. The matter was described as involving litigation and a federal USDA whistleblower complaint. First Guaranty Bank denied the allegations and said it did not engage in discriminatory practices.

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