Washington Trust charged with “Red Lining” Black customers

By Blackmansstreet.Today | October 30, 2023
A blue background with white lettering that says the washington trust company.

The Justice Department announced today that Washington Trust Company (Washington Trust), the oldest community bank in the nation charged with “redlining†Black and Hispanic neighborhoods, has agreed to pay $9 million to resolve the allegations. Redlining is an illegal practice in which lenders avoid providing credit services to individuals living in communities of color because…

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