Charging that First Union Corp. discriminates, the Coalition for Community Investment on Wednesday asked Washington residents to close their accounts unless the company increases lending to minorities.

The coalition already has attracted support from scores of churches and condominium associations, and the D.C. Housing Authority has pledged to withdraw $5 million from First Union.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

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