You'd think banks and thrifts owned by minorities would do a better job of lending to low- and moderate-income people within their communities than a white-owned bank in the suburbs.

But that doesn't seem to be the case, according to a study of Community Reinvestmcnt Act data by a private consultant, and a Federal Reserve analysis of home lending patterns at minority banks obtained by the American Banker.

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.