The fact that race is part of US Bancorp lending decision in the first place is a blatantly racist practice. US Bank is not treating people equally under the law. Based on media reports by US Bank's chief diversity officer Greg Cunningham on Feb 17 2021, they have decided to initiate policy to borrow money to a specific group of people based solely on their skin color. They have decided they are not an equal opportunity employer nor do they give their customers equal opportunity. They have installed racist policies for borrowers as well employees. Whether or not they have initiated new these policies due to their racist past practices is an open question. But the fact is they are now engaged in racist, possibly illegal practices which give prioritization to certain people based solely on their immutable physical characteristics instead of whether or not they have a worthy credit history or meet equal and objective criteria across the board. I wish to voice my displeasure with racist policies like US Bancorp has now started. I will not do business with racist companies.
I will be sharing this complaint with my US Bank branch and likely closing my account and switching to a borrower and banker that treats all people equally, fairly, and in a dignified manner. No one should stand for racism, bigotry, or treating people differently based on their skin color.