A federal judge on Friday approved a settlement between the Department of Justice and a small North Carolina bank that was sued as part of the Operation Choke Point probe.

U.S. District Judge Terrence Boyle's decision ends months of uncertainty about the fate of a $1.2 million agreement between the DOJ and Four Oaks Bank, an $820 million-asset institution in Four Oaks, N.C.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.