Brief: Washington Trust Announces Settlement With U.S. Department Of Justice

Washington Trust Bancorp

27/09/2023 18:42

Sept 27 (Reuters) - Washington Trust Bancorp Inc:
    * WASHINGTON TRUST ANNOUNCES SETTLEMENT WITH U.S. DEPARTMENT
OF
JUSTICE
    * WASHINGTON TRUST BANCORP INC - SETTLEMENT DOES NOT INCLUDE
ANY
CIVIL MONETARY PENALTIES.
    * WASHINGTON TRUST BANCORP INC- UNDER AGREEMENT, WASHINGTON
TRUST
WILL PROVIDE $7 MILLION IN MORTGAGE LOAN SUBSIDIES OVER A
FIVE-YEAR PERIOD
    * WASHINGTON TRUST BANCORP INC- WASHINGTON TRUST WILL ALSO
COMMIT
$2 MILLION FOR FOCUSED COMMUNITY OUTREACH AND MARKETING EFFORTS

Further company coverage:  WASH.O 

 ((Reuters.Briefs@thomsonreuters.com;))