Banking Law Update

A blog from the attorneys of Verrill

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Financial Institutions . . . In the News

  • Beginning January 2015, Bob Quentin became President of Saco & Biddeford Savings Institution. CEO Kevin Savage will retire in May 2017. (Mainebiz 1.22.2015)
  • Mobile banking redefines traditional banking needs. (New York Post 1.25.2015)
  • New Hampshire state Banking Department and the FDIC are reviewing Bedford, NH’s Primary Bank’s applications to form a new bank. (NHBR 1.23.2015)
  • Scammers posing as IRS trick Mainers to send money. (Sun Journal 1.27.2015)
  • A holding company formed by Mechanics Savings and Biddeford Savings seeking approval from regulatory agencies. (PPH 2.4.2015)
  • Attorney General Janet Mills announces that Maine will receive $21.5 million from Standard & Poor in settlement for unfair and deceptive trade practices. (BDN 1.4.2015)
Topics: Current Events in Banking