Banking Law Update

A blog from the attorneys of Verrill

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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 boardplan 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)
Topics: Current Events in Banking