A community group said Monday that regulators should not let Roslyn (N.Y.) Savings Bank buy Roosevelt Savings Bank, Garden City, N.Y.

According to Bronx, N.Y.-based Inner City Press/Community on the Move, Roslyn's community lending record is "abysmal" and the bank has a "needs to improve" Community Reinvestment Act rating, putting it in the bottom 2%. In February, Roslyn agreed to pay $3 million to settle New York State charges of lending bias.

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