EDISON, N.J. -- Midlantic Corp. said its principal subsidiaries, Midlantic National Bank in New Jersey and Continental Bank in Philadelphia, have set a goal of $200 million for community development and reinvestment loans for 1994-96.

Included in the $200 million target are $72 million in single-family home mortgages and home improvement loans to low-income and moderate-income people, $73 million in community development real estate loans, and $25 million in economic development loans.

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.