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Entries in Andrew Silsby (4)

Monday
Oct292018

Financial Institutions . . . In the News

  • Michael Griffin, Executive Director of JP Morgan Chase & Co., leads a new commercial banking industry in Portland.  (Mainebiz 10.26.2018)
  • Maine Harvest Credit Project becomes Maine’s 56th credit union and first exclusively for farmers and food producers.  (Mainebiz 10.16.2018)
  • Maine home foreclosures continue to decline.  (BDN 10.11.2018)
  • Curtis Simard, President and CEO of Bar Harbor Bankshares, announces plans are being made for a Portland Commercial Loan Office.  (Mainebiz 10.5.2018)
  • Andrew Silsby, President and CEO of Kennebec Savings Bank, discusses banking in today’s market and preparing for the future.  (Central Maine 10.14.2018)
  • Wells Fargo customer avoided being scammed by calling the number on the back of his card to verify the fraud.  (News Center Maine 9.28.2018)
  • Mortgage applications increase as the rates also increase to a new high since April 2011.  (Press Herald 9.27.2018)
  • Wells Fargo & Co. Chief Executive Tim Sloan announces a 10% reduction in workforce in the next three years.  (Press Herald 9.20.2018)
  • A data breach in 2017 in the UK resulted in a fine of £500,000, or about $662,000 to Equifax (UK branch).  (The Hill 9.20.2018)
  • With the restrictions of the Dodd-Frank Wall Street Reforms being eased, banks and credit unions are picking up arguing over old disagreements.  (The Hill  9.12.2018)
  • Cloned ATM cards could be used in ATM cybercrime threat.  (News Center Maine 8.16.2018)
Wednesday
Aug152018

Financial Institutions . . . In the News

  • FBI issues warning of potential cybercrime that could be worth millions stemming from fraudulent ATM cards. (News Center Maine 8.14.2018)
  • Bank mergers and acquisitions are lower in the Northeast than in other regions.  (American Banker 7.30.2018)
  • President and CEO Bob Montgomery-Rice announces the opening of the first building at the Bangor Savings Bank’s waterfront headquarters.  (BDN 8.1.2018)
  • Jeanne Hulit is promoted to President and CEO of Maine Community Bancorp which is comprised of Biddeford Savings Bank and Mechanics Savings Bank. (Central Maine 7.30.2018)
  • Raymond T. (Chip) Kelley of KeyBank to fill the position of Maine Market President formerly held by Sterling Kozlowski. (Central Maine 7.30.2018)
  • Andrew Silsby, President and CEO of Kennebec Savings Bank, writes letter of appreciation to Congress. (Forbes 7.24.2018)
Tuesday
Sep122017

Financial Institutions . . . In the News

  • High flood insurance premiums endanger waterfront investments.  (PPH 9.9.17)
  • Data breach at Equifax puts 143 million people across the United States at risk of identity theft.  (Central Maine 9.8.17)
  • Governor LePage supports a bill that keeps elderly Mainers from home foreclosure.  (PPH 9.5.17)
  • Florida man, who made unauthorized debit and credit card purchases in several Maine counties, was sentenced to federal prison.  (Knox Village Soup 9.1.17)
  • Wells Fargo increases its refunds an additional $2.8 million for 1.4 million more accounts affected by its sales scandal.  (PPH 8/31/17)
  • Androscoggin Bank welcomes Ben Geci as Chief Lending Officer.  (BDN 8.30.17)
  • Bar Harbor Bank & Trust recognized by Sen. King for 130th Anniversary.  (BDN 8.30.17)
  • Northeast Bank President and CEO Richard Wayne found competitive niches creating greater gains for Northeast Bank.  (Central Maine 8.31.17)
  • Maine Bankers Association elects Kennebec Savings Bank President and CEO Andrew Silsby as Chair.  (Central Maine 8.29.17)
  • Norway Savings Bank President and CEO Patricia Weigel was elected Vice Chair of the Maine Bankers Association.  (Central Maine 8.29.17)
  • Several Maine towns join efforts to dispute FEMA’s new flood maps that are used to set rates for federal flood insurance.  (BDN 8.25.17)

 

Monday
Jan122015

Financial Institutions . . . In the News

  • Amanda Rector, Maine state economist predicts a stronger economy with job growth for 2015.  (Sun Journal 1.8.2015)
  • Charles Colgan, USM economist cautions Maine businesses and policymakers on Maine’s future workforce.  (PPH 1.8.2015)
  • Chip-coded credit cards provide extra level of security.  Unlike Europe, PIN numbers in the US will not be required.  (MPBN 1.5.2015)
  • CetoLogic’s Deposit Reclassification lowers reserve balance requirements by the Federal Reserve making lending funds available.  (Business Wire 1.6.2015)
  • Start-up credit Union, Maine Harvest, is working towards its state charter and obtaining NCUA insurance.  (Credit Union Times 1.7.2015)
  • TruChoice Federal Credit Union and the Portland Police Department Federal Credit Union merged in early December.  (Mainebiz 1.6.2015)
  • The National Association of Federal Credit Unions (NAFCU) sent a letter to Congress asking for regulatory relief.  (The Hill 1.6.2015)
  • President Andrew Silsby becomes President and CEO of Kennebec Savings Bank.  (Mainebiz 1.5.2015)
  • Bob Montgomery-Rice became President of Bangor Savings Bank in January 2015.  (Mainebiz 12.17.14)