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Entries in TD Bank (10)

Wednesday
Aug212019

Financial Institutions . . . In the News

  • Maine passed new foreclosure proceedings and Notice of Mortgagor’s Right to Cure laws.  (JDSupra 8.20.19)
  • Maine’s zombie housing market remains higher than the national average. (Housing Wire 8.15.19)
  • Jason House promoted Regional Vice President for TD Bank, Northern Maine.  (BDN 8.9.19)
  • Ocwen Loan Servicing agrees to pay attorneys’ fees, penalties, and fines to approximately 24 homeowners. (Central Maine 8.6.19)
  • Federal Reserve Chairman Jerome Powell announces a quarter point decrease in interest rates.  (BDN 7.31.2019)
  • Capital One anticipates the 2019 data breach to cost around $150 million.  (NY Times 7.29.19)
  • Federal Reserve Chairman Jerome Powell signals forthcoming cut in interest rates.  (NY Times 7.28.19)
  • Mortgage rates rise slightly and applications decrease.  (News Center Maine 7.26.19)
  • Bangor Savings Bank is urging customers to call its help center if they see unauthorized transactions in their account.  (WABI TV 7.24.19)
  • Equifax Data Breach settlement requires a restitution fund of a minimum of $380.5 million for American consumers.  (NY Times 7.22.19)
  • Maine banks are expanding to other states in order to grow.  (PPH 7.8.19)
  • Bar Harbor Bank & Trust expands to central Maine with the acquisition of eight of People’s branch offices.  (Yahoo.com 7.8.19)
Tuesday
Jan082019

Financial Institutions . . . In the News

  • Steve deCastro becomes CEO and President of Gorham Savings Bank.  (PPH 1.2.19)
  • Camden National Bank makes technology changes to meet the growing needs of its customers.  (PRNewswire 12.11.18)
  • TD Bank rated first for SBA Loans in several states, including Maine.  (Guru Focus 12.11.18)
  • Todd Mason, President and CEO of Maine Credit Union League, joins the Maine State Chamber of Commerce’s Board of Directors.  (MaineBiz 12.10.18)
  • Manchester, NH is drawing new banking branches to its area. (Union Leader 11.24.18)
  • Bangor Savings trains every employee in “Green Dot” to empower workers to intervene in workplace bullying or harassment.  (Central Maine 11.26.18)
  • Banks and Departments of Motor Vehicles are teaming up to help to prevent identity fraud.  (Wall Street Journal 11.12.18)
  • Camden National Bank named as one of five U.S. banks receiving the 2018 Greenwich CX Leader.  (MaineBiz 11.8.2018)
  • U.S. mortgage rates hit 7-year high.  (Central Maine 11.8.18)
  • Wells Fargo admits incorrect foreclosure procedures on many homeowners.  (PPH 11.6.18)
Wednesday
Oct252017

Financial Institutions . . . In the News

  • Bangor Savings Bank’s acquisition of Granite Bank of New Hampshire was unanimously approved by the boards of directors.  (Central Maine 10.24.2017)
  • Toronto-Dominion Bank (TD Bank) is a top 10 US bank and has plans for future growth.  (Bloomberg 10.23.2017)
  • The Maine Supreme Court ruled in favor of the Defendant in the National Mortgage Association (Fannie Mae) v. Deschaine case opening a path for other cases to be appealed.  (The Free Press  10.12.17)
  • McCrillis & Eldredge Insurance, a subsidiary of Bar Harbor Bankshare, has been sold to Cross Insurance.  (Business Wire 10.11.2017)
  • Camden National Bank offers digital mortgages with help from Blend, a San Francisco cloud-based software company.  (National Mortgage News 9.29.17)
  • Equifax is developing a free, new, user-friendly service to give the consumer control over access to their personal credit data.  (Maine Public 9.28.2017)
  • Equifax’s interim CEO, Mr. Rego Barros, apologizes for security breach.  (Wall Street Journal 9.17.17)
  • Richard Cordray, Director of the Consumer Financial Protection Bureau, plans to strengthen oversight for credit rating agencies.  (BDN  9.28.17)
  • Upgraded ATMs replace four Skowhegan Bank branches beginning January 19, 2018.  (Central Maine 9.25.17)
  • Class action lawsuits by consumers against banks and credit card companies was voted to be repealed by US Senate.  (BDN 10.25.17)
Tuesday
Jul112017

Financial Institutions . . . In the News

  • Thirteen employees at Saco & Biddeford Savings Institution earned certificates and high honor awards this year through the Center for Financial Training and Education Alliance (CFTEA). (BDN 7.10.17)
  • Mainers affected by State government shut-down will have fees cut by TD Bank and credit unions.  (WGME 7.1.17)
  • CEO Bob Montgomery-Rice announces record profits for Bangor Savings Bank fiscal year that ended in March.  (BDN 6.27.17)
  • PNC bank will permanently close the marijuana legalization group organization’s 22-year old accounts because of risks from the Trump administration.  (BDN 6.21.17)
  • Banks and technology companies stocks have a lower return in the second quarter of 2017.  (PPH 5.31.17)
  • Mortgage brokerage company clarifies the services of its role in mortgage lending and that the loan officers at brokerages are highly regulated.  (PPH 5.28.17)
  • Mortgage rates drop to lowest level resulting in a rise in refinancing.  (PPH 5.25.17)
  • April saw Maine home sales 14% lower in April 2017 compared to April 2016.  (Central Maine 5.24.17)
  • The Dodd-Frank regulation and the recession is changing the mortgage lending industry.  (PPH 5.22.17)
  • Merchants Bank, the last of Vermont’s statewide based banks, completes merger with Community Bank opens May 15th as Community Bank.  (Vermont Biz 5.12.17)
Thursday
Jun292017

New England Council Unveils 2017 Regional Financial Sector Report

On June 29th, the New England Council met in Concord, NH to present its annual report on the region’s financial sector, “The New England Financial Services Industry: Around the Corner and Around the World.” The report was presented by PwC, followed by a panel discussion comprised of representatives from several large regional institutions, including Fidelity Investments, Liberty Mutual Insurance, and TD Bank.

Click to read more ...