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Entries in Kennebunk Savings Bank (4)

Tuesday
Sep262017

Financial Institutions...In the News

  • Equifax troubles continue as customers were lead to fictitious site.  (Maine Public 9.22.2017)
  • Social Security Numbers are under scrutiny as a way to identify individuals.  (BDN 9.21.2017)
  • Foreclosures in hurricane hit disaster areas remain low.  (DSNews 9/21/17)
  • In months prior to 142 million individual’s personal information hack, Equifax had a “Security Incident” with a payroll-related service.  (Maine Public 9.20.17)
  • The Federal Reserve is steering the country towards an economic downfall.  (The Hill  9/18/17)
  • Equifax knew of hacks months before disclosing exposure to public.  (The Hill  9.18.2017)
  • Kennebunk Savings Bank enforces its no discrimination policy and lets go a high-ranking official of the bank.  (PPH 9.18.2017)
  • Chief Financial Officer David Webb and Chief Security Officer Susan Mauldin retire immediately following Equifax breaches.  (BDN 9.16.2017)
  • Chatbot assists individuals in suing Equifax over the data breach.  (Central Maine 9.14.2017)
  • The Federal Trade Commission (FTC) opens an investigation into the Equifax breaches.  (Central Maine 10.14.2017)
  • National Credit Union Administration (NCUA) approves merger of Acadia and EMMC credit unions.  (Mainebiz.biz 9.12.2017)
  • Maine’s Bureau of Consumer Credit Protection give advice on Equifax data breach.  (Mainebiz.biz 9.11.2017)
  • The Securities and Exchange Commission (SEC) investigates Equifax executive officials’ stocks sold before breach was made public.  (The Hill 9.12.2017)
  • Equifax’s website may prevent individuals from suing company.  (BDN  9.8.2018)
Tuesday
Feb092016

Financial Institutions...In the News

  • Four branches of Bangor Savings Bank will close and consolidate with other branches.  (WMTW 12.5.2015)
  • In December, Kennebunk Savings Bank welcomed Alyson Graybill and William Dehais to the bank.  (Fosters 12.6.2015)
  • Senior$afe, a program to fight financial abuse of seniors, resulted in the reporting of 30 suspected cases since its inception by the State in 2014.  (Mainebiz 12.28.2015)
  • Washington and Cumberland County are the only two counties that saw an income increase since 2000.  (BDN 1.25.2016)
  • People’s United Bank, the seventh largest bank in Maine, announced its new Maine headquarters will be located on Fore Street in Portland.  (Manebiz 1.25.2016)
  • Unemployment for December 2015 in Maine was the lowest in 15 years at 4.0 percent.  (Portland Press Herald 1-26-2016)
  • Tony McKim, President of The First, N.A., announced the bank is changing its name to the First National Bank.  (The Ellsworth American 2.1.2016)
Thursday
Dec032015

Financial Institutions . . . In the News

  • Kennebunk Savings Bank promotes Dennis Byrd to Senior Executive Vice President, COO, Lynn Howe to Executive Vice President, Chief Sales and Delivery Officer, and Jill Peter to Executive Vice President, Chief Risk Officer. (Fosters 10.25.2015)
  • FICO scores in the future may be determined by social media and telecom and utility bills.  (MPBN 11.5.2015)
  • Reviews by federal regulators show 9.5% of high-risk loans totals $3.9 trillion.  (Central Maine 11.5.2015A)
  • Consumer advocates oppose Federal House bill that changes mortgage regulations.  (The Hill 11.17.2015)
  • Identity theft is the most common and least reported crime in Maine.  (BDN 12.1.2015)
  • Preparing now could save you money before Federal Reserve raises interest rates.  (BDN 12.1.2015)
Tuesday
Jul212015

Financial Institutions . . . In the News

  • United Wholesale Mortgage expands interest-only loans availability to more customers.  (Portland Press Herald 6.24.2015)
  • Credit card fraud ring in Maine and New Hampshire have police looking for at least four suspects.  (WGME 6.24.2015)
  • Geoff Titherington becomes chair and Milda Castner, vice chair, of Kennebunk Savings Bank’s board of trustees.  (Fosters 6.28.2015)
  • Unemployment decreased in June, however, wages remain flat suggesting the economy has not fully recovered.  (Portland Press Herald 7.2.2.15)
  • Maine legislators pass stricter foreclosure protections for homeowners based on Bank of America Corp vs. Greenleaf.  (Reuters 7.1.2015)
  • Based on 2013 financial reports, Maine’s fiscal health is ranked 42nd in the nation.  (Portland Press Herald 7.7.2015)
  • Bangor Savings Bank and UNE initiate pilot program to engage students to take part in online and in-class coursework and on-the-job training.  (MPBN 7.9.2015)
  • Federal Reserve rates likely to rise this September as economy show signs of improvement.  (Central Maine 7.15.2015)
  • Largest U.S. banks required to keep capital at levels above industry standards to help prevent future taxpayer bailouts.  (Central Maine 7.21.2015)