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Entries in Key Bank (5)

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)
Tuesday
Feb052019

Financial Institutions . . . In the News

  • Unsuccessful attempt at hacking is being investigated by the FBI.  (BDN  1.28.19)
  • Steward Partners Global Advisory LLC opens office in Portland.  (Mainebiz 1.25.19)
  • Four of Key Bank’s branches are schedule to close by April.  (Central Maine 1.23.19)
  • Kierston Van Soest was appointed to the New England Advisory Council.  (Central Maine 1.24.19)
  • Rise in sea levels creates loss of appreciation of coastal waterfront properties.  (Central Maine 1.22.19)
  • Modest growth anticipated by Jeffrey Fuhrer of the Federal Reserve Bank of Boston. (Mainebiz 1.15.19)
  • Recession not predicted in 2019 by Federal Reserve Chairman Powell. (BDN 1.10.19)
Tuesday
Jul242018

Financial Institutions...In the News

  • Commercial loans increased for Bar Harbor Bankshares in the second quarter.  (MaineBiz 7.23.2018)
  • President Trump is unhappy with the Federal Reserve increasing interest rates.  (BDN 7.20.2018)
  • Paul Andersen, CEO of Androscoggin Bank, announces Neil Keily as President.  Paul Andersen plans to be the Chairman of Board and Neil Keily take on the responsibilities of CEO and President at the end of 2019. (Sun Journal 7.19.2018)
  • 30-Year mortgage rates are the highest in seven years.  (Central Maine 7.12.2018)
  • Low unemployment contributing to good economy according to Federal Reserve Chairman Jerome Powell.  (PPH 7.12.2018)
  • Eight states including Maine, signed a consent order to require Equifax Inc. to strengthen security measures after 2017 data breach.  (Central Maine 6.27.2018)
  • Patricia Weigel, President and CEO of Norway Savings Bank and Tony McKim, President and CEO of First National Bank were elected President and Vice Chair respectively of the Maine Bankers Association. (Mainebiz 6.20.2018)
  • A June 2018 Report states that risks by large banks involve complex financial trades that helped fuel the 2008 financial crisis.  (Maine Public 6.19.2018)
  • Sterling Kozlowski of Key Bank will be remembered as a leader in the New England region.  (Central Maine 6.11.2018)
  • Maine Credit Union League supports legal cannabis from the threat of federal prosecution.  (Mainebiz 6.11.2018)
  • Legislature sends bill to President Trump to loosen banking regulations set in 2008 in response to the financial crisis.  (PPH 5.22.2018)
  • Romero Rainey, President and CEO of the Independent Community Bankers of America (ICBA), seeks to loosen federal banking regulations.  (The Hill 5.22.2018)
  • Maine banks report new foreclosures steadily decreasing throughout Maine.  (PPH 5.6.2018)
  • Bangor Savings Bank begins new construction of its headquarters on Bangor’s waterfront.  (Mainebiz 4.24.2018)
  • SunTrust breach linked to an employee and outside criminal.  (News Center Maine 4.20.2018)
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)
Wednesday
Mar232016

Financial Institutions . . . In the News

  • Millinocket Key Bank, branch consolidates with Lincoln branch.  (BDN 2.8.2016)
  • Some businesses struggling with conversion to chip credit cards.  (Central Maine 2.13.2016)
  • Norway Savings Bank celebrated milestone – 150th Anniversary.  (King 2.17.2016)
  • Maine is leading the way with home sales and rise in median prices.  (Mainebiz 2.24.2016)
  • Eastern Maine bankers report record revenue in 2015 validating stronger consumer confidence.  (The Ellsworth American 3.1.2016)
  • Long court process hinders the number of Maine mortgages in the foreclosure system keeping Maine foreclosure numbers among the highest in the nation.  (PPH 3.18.2016)
  • Gorham Savings Bank introduces state’s first interactive teller machine and entwine other technologies into routine services to its customers.  (Mainebiz 3.22.2016)
  • Home sales in Maine go up but median prices fell over 4%.  (PPH 3.21.2016)