Bank of American Settlement With DOL Closes Books on Quarter-Century Old Race Bias Case

It took almost a quarter century, but Bank of America has settled a legacy race bias case that the U.S. Labor Department filed against its predecessor NationsBank.

The U.S. Labor Department on Monday announced that Charlotte-based BOA has agreed to pay $1 million in back wages and interest to 1,027 applicants for North Carolina clerical, teller and administrative positions a generation ago.

The U.S. Labor Department alleged that NationsBank systematically discriminated against black applicants for entry-level jobs. The jobs were for North Carolina clerical, teller and administrative positions.

NationsBank merged with the Bank of America, N.A. in 1998.

African-American job seekers who applied for an entry-level position at NationsBank’s Charlotte facility in 1993 and were not hired are invited to visit the DOL’s website at http://www.dol.gov/ofccp/CML/index.htm, where they can also find information about this and other recent OFCCP settlements, or call 855-216-0427.

The banks are subject to nondiscrimination requirements enforced by DOL because they handle federally-insured deposits.

For more on the settlement, click here.

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