Pennsylvania investigators say they won't prosecute Lincoln Savings Bank's Pittsburgh affiliate for allegedly violating fair-lending laws because the $250 million-asset Carnegie-based parent is set to be acquired by a competitor with a good reputation on the issue.

While Lincoln will have to pay a $30,000 fine, Attorney General Ernie Preate Jr. said last Friday he would merely require the bank to comply with standards set by its planned acquirer, $14 billion-asset Integra Financial Group of Pittsburgh.

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.