Maine Financial Institutions...In the News

• Peter Judkins of Franklin Savings Bank appointed director of the Federal Reserve Bank of Boston.  Judkins is current chair of the Maine Bankers Association.  For more information, go here. 
• More on settlement of nationwide legal battle over foreclosure practices.  Maine gets a share of the funds.  More on the settlement here. 
• Mixed reaction to recent foreclosure settlement between five national lenders and the states.   See BDN article. 
• TD Bank CEO Edmund Clark discusses Bank’s expansion into the US.  See related article.
• The new “payday line.”  Customers line up at ATM on the first of the month at midnight to access funds.  More here. 
• Machias Savings Bank recognized by USDA at White House for loan to allow Whitney Wreath in Whitneyville to build new assembly plant.  See more information here.