First National Bank of Gordon, Neb., agreed Wednesday to pay $275,000 to settle charges that it forced members of a northwest Nebraska Indian tribe to pay more than whites for consumer loans.

The bank will spend $175,000 to compensate victims of pricing discrimination and $100,000 to provide discounted loans to residents of the Pine Ridge Reservation. It also will conduct education programs on money management and seek to hire members of the tribe as loan officers.

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