Judge Approves Consent Order In Discrimination Suit Against Rhode Island Bank

(November 1, 2023, 10:45 AM EDT) -- PROVIDENCE, R.I. — A federal judge in Rhode Island on Oct. 31 approved a jointly filed consent order under which a Rhode Island bank will invest a minimum of $7 million into a loan subsidy fund designed to increase lending opportunities for Black and Hispanic residents to resolve a U.S. government action accusing the bank of discriminating against Black and Hispanic home loan applicants....