A bank operating from Rockford, Illinois, has settled allegations of racial discrimination against people who applied for residential loans.

Alpine Bank & Trust Co. was established in 1962. As of Dec. 31, 2016, staffing at the financial institution stood at 358 employees.

Its $1.250 billion in assets includes $0.156 billion in one-to-four family residential loans and $0.308 billion in commercial real estate loans.

Source: Mortgage Daily