A community group has filed a protest against Conseco Inc.'s application for a thrift charter.

In a document filed March 10 with the Office of Thrift Supervision, New York City-based Inner City Press/Community on the Move accused Conseco's consumer loan subsidiary, Green Tree Financial Corp., of "activities that gouge and destabilize many low-income communities of color."

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.