Kansas City Federal Reserve President Thomas Hoenig said employees of banks under Fed supervision may display religious symbols, reversing a ban on Christian verses and Christmas symbols at a community bank in Oklahoma.
Following the Fed’s decision, Payne County Bank in Perkins, Oklahoma, restored Bible verses to its website and the display of Christian symbols and Christmas items in its building, the community bank said today. They were removed after a Kansas City Fed examiner said they could be regarded as discriminatory and impede fair lending, the bank said.
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