Providence sues Santander over alleged ‘redlining’

Published May 29, 2014 9:37pm ET



PROVIDENCE, R.I. (AP) — The city of Providence filed suit Thursday against Santander Bank alleging the institution engaged in discriminatory lending practices.

The 88-page suit filed in federal court claims that, since 2009, Santander has deliberately limited its lending in minority neighborhoods in Providence while expanding it in predominantly white areas. It calls the drop in lending “drastic.”

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