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Entries in Northeast Bancorp (5)

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)
Thursday
Dec182014

Financial Institutions . . . In the News

  • The FBI is asking for the public’s help through its tip line that targets public corruption starts up in Maine and other states.  (BDN 12.15.14)
  • Federal Reserve Chair Janet Yellen does not plan to raise rates in the first four months of 2015.  (PPH  12.18.14)
  • Rate hikes by Federal Reserve are not expected for immediate future.  (PPH 12.16.14)
  • $50 million in bonds approved by Maine voters await Governor release.  (The Bond Buyer 12.12.14)
  • Northeast Bank hired 9 experienced bankers to expand its small-business loan division that will issue millions of dollars across the country.  (PPH 12.11.14)
  • Sen. Elizabeth Warren, in opposition to the $1.1 trillion government funding bill, campaigned to defeat the bill.  (The Hill 12.10.14).
  • Consumers bullied out of millions by scammers claiming to be the police.  (BDN 11.24.14)
Friday
Oct042013

Maine Financial Institutions...In The News

  • Mechanics Savings Bank obtains a $3.7 million judgment against an Oxford developer (Bangor Daily News, 10.3.13)
  • NCUA preparing new regulation for large credit union stress tests (Kennebec Journal, 9.19.13)
  • Credit reporting agency fined $3.5 million for violating FCRA (Bangor Daily News, 8.25.13)
  • Maine real estate sales double the national average (Bangor Daily News, 8.22.13)
  • Northeast Bank Discusses Its Commercial Loan Acquisition Strategy  (MaineBiz, 9.30.13)
  • Maine Credit Unions reach new highs in assets, loans, members (Portland Press Herald, 10.9.13)
  • Attorney General to host public meetings regarding Maine’s Foreclosure Diversion Program (Portland Daily Sun, 10.9.13)
Monday
Jun112012

Maine Financial Institutions...In the News

Friday
May252012

Maine Financial Institutions...In the News

  • Standard & Poor’s raises outlook for Maine from negative to stable. (Bangor Daily News, May 25, 2012).
  • Moody’s drops Maine’s outlook from stable to negative.  (Kennebec Journal, May 18, 2012; Waterville Sentinel, May 19, 2012).
  • Judicial foreclosure states have highest inventory rates.  Maine at 4.4%.  (Inman News, May 1, 2012).
  • Residential foreclosure rates dropping nationally.  Maine among lowest in nation.  (Bangor Daily News, May 18, 2012).
  • Border Trust purchased by Bar Harbor Bankshares. (Kennebec Journal, May 2, 2012).
  • Northeast Bancorp issues public offering of 4.76 million shares.  (MaineBiz.com, May 3, 2012).
  • Key Bank and Bath Savings offer programs to serve the “unbanked” in Maine.  (Kennebec Journal, May 13, 2012).
  • Bill Williamson named new president of Bank of America, Maine.  (Portland Press Herald, May 15, 2012).