Banking Law Update

A blog from the attorneys of Verrill

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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)
Topics: Current Events in Banking