Attached files
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8-K - 8-K - EVANS BANCORP INC | evbn-20140903x8k.htm |
FOR IMMEDIATE RELEASE |
Contact: |
September 1, 2014 |
Earl V. Wells III |
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e3communications |
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716-553-5225 |
STATEMENT BY DAVID J. NASCA, PRESIDENT AND CEO, EVANS BANK, N.A.
REGARDING ACTION BY ATTORNEY GENERAL
HAMBURG, NY – “Evans Bank is disappointed to learn that the Attorney General has filed a formal complaint against our company regarding residential lending practices. We continue to believe these allegations are without any merit and we intend to vigorously challenge them.
“Despite our best efforts over the last several months to resolve this matter with the Attorney General, a resolution unfortunately could not be reached.
“We remain confident that our residential lending practices meet all applicable laws and regulations.
“The record will show that Evans Bank has a long history of compliance with the Office of the Comptroller of the Currency. This is the federal entity that regulates our institution as well as our adherence to laws that require the fair treatment of customers and fair access to credit and financial products such as mortgage lending.
“We believe that the allegations being made by the New York State Attorney General are unfounded and without substance and we will vigorously defend this complaint through the legal system.
“As such, it would be inappropriate for us to have any further comment as this is now a matter before the courts.”
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