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Entries in Machias Savings Bank (4)

Wednesday
Jun262019

Financial Institutions . . . In the News

  • Bangor Savings Bank ends 2018 with a 38% increase from 2017.  (BDN 6.21.19)
  • Bar Harbor Trust Services was added to the lawsuit involving theft by Robert K. Lindell, Jr.  (BDN 6.11.19) 
  • Canada’s largest banks are looking outside Canada to continue growing.  (Bloomberg News 5.24.19)
  • Plans to open Maine Harvest Credit Union this summer will be focused on famers and food entrepreneurs.  (Mainebiz 5.22.19)
  • Bangor Savings Bank held opening ceremony for its new office in Bangor.  (News Center Maine 5.20.19)
  • The reorganization of Northeast Bancorp and Northeast Bank are now complete.  (Yahoo Finance 5.16.19)
  • Machias Savings Bank plans a large expansion in Machias.  (BDN 5.14.19)
  • Maine banking institutions need federal law changes for pot industries.  (Central Maine 5.12.19)
  • Maine’s legal marijuana businesses are not allowed to use banking services. (Central Maine 5.12.19)
  • Maine banking institutions support a federal marijuana banking bill.  (Mainebiz 4.22.19)
  • Maine Credit Union League President and CEO Todd Mason makes digital innovation a priority.  (Mainebiz 4.21.19)
Wednesday
May182016

Financial Institutions . . . In the News

  •  Home sales rose in Maine in March, both in numbers of homes sold and in higher prices.  (PPH 4.20.2016)
  • The Federal Deposit Insurance Corporation (FDIC) rated Machias Savings Bank “outstanding” on its recent Community Reinvestment Act (CRA) Performance Evaluation.  (Mount Desert Islander 4.23.2016)
  • A class action suit against TD Bank’s coin-counting machines claims the Penny Arcades short-changed customers.  (My Central Jersey 4.29.2016)
  • Lake Sunapee Bank Group bought by Bar Harbor Bank for 142 million.  (Central Maine 5.5.2016)
  • J.D. Power and Associates awards Bangor Savings Bank for the second year in a row,  the highest score in New England among qualifying institutions on its 2016 Retail Banking Satisfaction Study.  (Mainebiz 5.6.2016)

 

Thursday
Sep242015

Financial Institutions . . . In the News 

  • New Rule at FAME will prevent another Cate Street deal.  (BDN 8.20.2015)
  • Employees of KeyCorp, Maine’s second largest bank, receives visit from CEO Beth Mooney who talked about KeyBank’s growth in Maine.  (Mainebiz 8.24.2015)
  • Machias Savings Bank builds new bank in Presque Isle.  (BDN 9.2.2015)
  • Freddie Mac and Fannie Mae lengthen timelines in foreclosure proceedings.  (Housing Wire 9.4.2015)
  • Eric Rosengren, CEO of the Federal Reserve Bank of Boston to become the next chair of Colby College’s Board of Trustees in May 2016.  (Colby College 9.4.2015)
  • Attorney General’s office warns grandparents of scamming involving grandchildren involved in an accident or hurt.  (BDN 9.8.2015)
  • Card skimming is on the rise with new technology used by thieves.  (BDN  9.9.2015)
  • To assist with higher education, the White House improves federal financial aid rules.  (The Hill 9.15.2015)
  • Banks are not obligated to make businesses accounts whole when cybertheives strike.  (MPBN 9.15.2015)
  • A Wall Street watchdog’s board plan is devised to protect seniors and vulnerable adults.  (BDN 9.21.2015)
  • Maine’s single-family home median sale price rose 4.9 percent in August.  (PPH 9.21.2015)
  • Julia DeBery, Senior Vice President at Bath Savings Institution, to service on the Consumer Finance Protection Bureau’s (CFPB) Community Bank Advisory Council.  (Sen. King 9.21.2015)
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.