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Entries in Franklin Savings Bank (3)

Tuesday
Jan302018

Financial Institutions . . . In the News

  • New Hampshire’s legislature is debating changes to foreclosure laws.  (Concord Monitor 1.29.18)
  • Record breaking sales of Maine homes in 2017 kept prices surging in Cumberland and York counties.  (PPH 1.24.18)
  • Marion Colombo joins Bar Harbor Bank & Trust as Executive Vice President of Retail Delivery in February 2018.  (Business Wire 1.23.18)
  • Jerome Powell to succeed Janet Yellen as Federal Reserve Chairman in February 2018.  (Central Maine 1.23.18)
  • Maine AG Janet Mills supports federal legislation allowing banks to serve state-licensed marijuana businesses.  (BDN 1.17.18)
  • Jeffrey Fuhrer, Federal Reserve Bank of Boston, anticipates a 2.5% economic growth for upcoming year.  (Mainebiz 1.16.18)
  • $45 Million settlement reached between 49 states and the District of Columbia and PHH Mortgage Corp. over improper servicing of mortgage loans.  (Mainebiz 1.4.2018)
  • Todd Mason, President and CEO of the Maine Credit Union League, announces changes to management of the Maine Credit Union League and Synergent, its service organization.   (Mainebiz 12.12.17)
  • Key Bank customer given access to wrong account.  (Sun Journal 12.2.17)
  • Federal Reserve Chair Janet Yellen predicts that the Federal Reserve will continue to gradually increase rates.  (Central Maine 11.29.17)
  • Tim Thompson, Franklin Savings Bank’s new President and CEO, replaces retiring Peter Judkins.  (Mainebiz 11.27.17)
  • Bangor Savings Bank has a new branch in Portsmouth, NH.  (Fosters 11.12.17)
  • Banking branches are difficult to keep open in small communities with many services being provided for in on-line banking.  (Mainebiz 10.26.17)
Thursday
Feb262015

Financial Institutions . . . In the News

  • Gorham Savings Bank President Chris Emmons appointed to FDIC Advisory Committee on Community Banking.  (Dodd Frank Update 2.20.2015)
  • Conversation with Peter Judkins, President and CEO of Franklin Savings Bank, recently appointed to the Federal Reserve Bank of Boston.  (PPH 2.11.2015)
  • Co-Branded credit cards leave little profit margin for banks.  (BDN 2.13-2015)
  • Hackers using malware sent to employees to gain access to bank’s computers.  (New York Times 2.14.2015)
  • Slow electronic payments causes some consumers high overdraft fees.  (MPBN 2.18.2015)
  • Americans debt increased in final three months of 2014.  (News Maine 2.18.2015)
  • Careful consideration is necessary before applying for a reverse mortgage.   (Keep Me Current 2.18.2015)
Friday
Feb172012

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.