Banking Law Update

A blog from the attorneys of Verrill

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Financial Institutions . . . In the News

  • Maine Municipal Bond Bank receives an “AA-“ rating from Fitch. (Business Wire 9.24.2015)
  • Chip credit and debit cards are replacing magnetic strip cards throughout the country to help the fight against data hacking and card skimming. (Maine News 9.27.2015)
  • Some Maine businesses missed the October 1 deadline to provide new credit card readers allowing the use of chip cards making the business responsible for fraudulent transactions. (MPBN 10.1.2015)
  • Bangor Savings Bank plans $10 million of investments in Southern Maine. (BDN 10.7.2015)
  • USDA awards Community Concepts almost $800,000 in grants to build houses. (MPBN 10.8.2015)
Topics: Current Events in Banking