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Entries in Downeast Credit Union (2)

Friday
Apr122019

Financial Institutions...In the News

  • Wells Fargo CEO Tim Sloan was called to testify before House Financial Services Committee hearing.  (PPH 3.11.2019)
  • Forbes rates Bangor Savings Bank as one of the “World’s Best Banks.”  (Mainebiz 3.12.201)
  • Matthew Fleming became Down East Credit Union’s chief financial officer on April 1.  (Mainebiz 4.8.2019)
  • Key Bank’s Winthrop branch office is closing. (Central Maine 4.7.2019)
  • David Cyr will replace retiring John Witherspoon as president and CEO of Skowhegan Savings Bank by the end of the year.  (Central Maine 4 2.2019)
  • Maine Savings FCU opens a branch in Portland.  (BDN 2.20.19)
  • Bank of New Hampshire has seen substantial growth under the leadership of President Paul Falvey.  (Laconia Daily Sun 2.19.2019)
  • York County FCU and Atlantic FCU expect merger to completed in early June.  (Mainebiz 2.14.2019)
Monday
Mar272017

Financial Institutions...In the News

  • Maine Harvest Credit Project formed an expert panel to assist with creating a new credit union for farmers and food entrepreneurs.  (Central Maine 3.16.2017)
  • Savings accounts at financial institution generally remain low as federal rates increase for borrowing.  (BDN 3.15.2017)
  • A study of Maine’s state-chartered banks and credit unions report that foreclosure activity is the lowest in 8 years.  (Portland Press Herald 2.25.2017)
  • Skimming device found on ATM at Downeast Credit Union branch in Belfast.  (Central Maine 2.26.2017)
  • March stock split in announced for Bar Harbor Bankshares.  (Ellsworth American 2.23.2017)
  • Governor LePage proposes legislation to help elderly residences in foreclosure stay in their homes through reverse mortgages.  (MPAMAG 2.20.2017)
  • Norway Savings Bank has new domain name, norwaysavings.bank, which will enhance online security and offer more protection against cybercrime.  (Mainebiz 2.16.2017)
  • Massachusetts area Better Business Bureau warns of new scamming tactic – Caller asks if they can be heard and then records voice of person saying “yes” to use at a later time.  (CBS News 1.20.2017)