Banking Law Update

A blog from the attorneys of Verrill

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Financial Institutions . . . in the News

  • Moody’s gives Maine State Housing Authority Mortgage Purchase Bonds the rating designation of Aa1. (Moodys 8.5.2015)
  • Husson University College of Business and Bangor Savings Bank partner to create accelerated leadership program. (Mainebiz 8.10.2015)
  • Small banks and credit unions should have less regulation according to Rep. Bruce Poliquin. (PPH 8.11.2015)
  • Citizens Bank fined $20 million and order to pay back $11 million to consumers after failing to give customers their full deposits. (The Hill 8.12.2015)
  • US Senators Mike Rounds, of South Dakota, and Angus King, of Maine, submit legislation to give community banks, small businesses, and credit unions an voice in Consumer Financial Protection Bureau rulemaking process. (DSNews 8.14.2015)
  • Ethan Strimling and Phil Harriman interview on various topics include the Dodd-Frank regulations for small banks and credit unions. (PPH 8.16.2015)
  • Citibank to pay $700 million to customers for misrepresented products and identity theft protections and $70 million to CFPB for fine. (BDN 8.26.2015)
Topics: Current Events in Banking