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Entries in Bank of America (4)

Wednesday
Aug092017

Financial Institutions . . . In the News

  • Elizabeth Hayes, President and CEO of Infinity Federal Credit Union, was recently named one of the Women to Watch in 2017.  (Mainebiz 8.7.17)
  • LEAF Commercial Capital, Inc. is acquired by People’s United Bank.  (PR Newswire 8.2.17)
  • Saco & Biddeford Savings Institution has several new hires and promotions.  (BDN 7.28.17)
  • Bangor Savings Bank’s Portsmouth, NH loan production office opens with plans to increase business services once regulatory approvals are fully acquired.  (Mainebiz 7.25.17)
  • $40 million bitcoin scam uncovered by Bucks County, Pennsylvania police.  (BDN 7.24.17)
  • “Motion Picture Use Only” fake $100 bills show up in three Maine towns.  Deputies warn the public to watch out for “bogus Benjamins” as the bills are easily available online.  (BDN 7.24.17)
  • Hackers obtain over 5.5 million Social Security numbers in ten states by infiltrating a Kansas Department of Commerce data system in March 2017.  (Maine Mirror  7.23.17)
  • Kennebec Savings Bank celebrates its opening of a Freeport branch.  (Mainebiz 7.21.17)
  • Former Bank of America site in Biddeford to become branch office of Bangor Savings Bank in 2018.  (Mainebiz 7.20.17)
  • United States is behind in “wave” payment systems compared to other countries.  (Central Maine 7.17.17)
  • Maine has low inventory and a high demand of houses in southern Maine making this a seller’s market.  (PPH 7.16.17)
  • Homeward Residential Inc. order to pay attorney’s fees was affirmed by Maine Supreme Judicial Court in foreclosure proceeding.  (Legal News Line 7.10.17)
Wednesday
Jul062016

Financial Institutions...In the News

  • A $1.2 Billion mortgage penalty by a lower court against Bank of America is reversed by a federal appeals court ruling.  (MPBN 5.23.2016)
  • Three parcels of land are being purchase by Bangor Savings Bank in the business park.  (BDN 5.25.2016)
  • TD Bank continues to grow in the United States at a rapid rate.  (National Real Estate 6.3.2016)
  • After several merchant data breaches, Bangor Savings Bank is replacing its customer’s debit cards.  (Mainebiz 6.7.2016)
  • Some Central Maine Healthcare Employees have delay in pay due to computer glitch between payroll and TD Bank.  (Sun Journal  6.16.2016)
  • Credit card holders are on the decline.  (Mainebiz 6.27.2016)
Wednesday
Sep032014

Financial Institutions . . . In the News

  • Mortgage refinancing is available to many homeowners through HARP, but Americans are skeptical.  (MPBN 8.26.14)
  • Coordinated hacker attacks struck JP Morgan and other banks.  (New York Times 8.27.14)
  • Bank of America is close to a $16-17 billion settlement with Justice Department over sale of mortgage-backed securities.  (Portland Press Herald 8.6.14)
  • Maine ranks 30th in nation for mortgage closing costs.  (Mainebiz 8.4.14)
  • FAME increases loan-insurance by 50% or up to $375,000 for commercial borrowing.  (Portland Press Herald 8.4.14)
  • U.S. Senators introduce legislation to provide regulatory relief to small financial institutions and credit unions.  (Insurance News.net 7.13.14)
  • Why the economy is still stifled after the housing collapse.  (MPBN 7.24.14)
  • U.S. House votes to change banking laws related to the marijuana industry.  (MSN 7.17.14)
  • Maine Supreme Court rules MERS’ has limited ability to assign mortgages in Bank of America, N.A. v. Greenleaf.  (Mondq.com 7.16.14)
Friday
May252012

Maine Financial Institutions...In the News

  • Standard & Poor’s raises outlook for Maine from negative to stable. (Bangor Daily News, May 25, 2012).
  • Moody’s drops Maine’s outlook from stable to negative.  (Kennebec Journal, May 18, 2012; Waterville Sentinel, May 19, 2012).
  • Judicial foreclosure states have highest inventory rates.  Maine at 4.4%.  (Inman News, May 1, 2012).
  • Residential foreclosure rates dropping nationally.  Maine among lowest in nation.  (Bangor Daily News, May 18, 2012).
  • Border Trust purchased by Bar Harbor Bankshares. (Kennebec Journal, May 2, 2012).
  • Northeast Bancorp issues public offering of 4.76 million shares.  (MaineBiz.com, May 3, 2012).
  • Key Bank and Bath Savings offer programs to serve the “unbanked” in Maine.  (Kennebec Journal, May 13, 2012).
  • Bill Williamson named new president of Bank of America, Maine.  (Portland Press Herald, May 15, 2012).