Banking Law Update

A blog from the attorneys of Verrill

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Financial Institutions...In The News

  • Retired President and CEO Mark Johnston of Kennebec Savings Bank was awarded the Peter G. Thompson Lifetime Achievement award by the Kennebec Valley Chamber of Commerce. (Central Maine 1.4.2017)
  • TransUnion and Equifax fined approximately $23 million for false advertising regarding credit score reports. (Central Maine 1.3.2017)
  • Fifth Third Bank is not allowed to make acquisitions because of low grade in July 2016 Community Reinvestment Act review. (Cincinnati 12.29.2016)
  • University of Maine is offering assistance to students and employees who provided passwordsto cybercriminals by means of trickery. (My San Antonio 12.23.2016)
  • Maine Municipal Bond Bank’s 2017 Ser. A Bonds rated as Aa2 by Moody’s. (4-traders 12.20.2016)
  • Bank teller reports suspicion of elder financial abuse by attorney who had a Power of Attorney. (BDN 12.20.2016)
  • Mortgage Servicing Solutions will now service MaineHousing mortgages providing benefits to MaineHousing and its mortgage holders. (BDN 12.12.2016)
  • Bangor Police Department is working with Bangor Savings Bank in Belfast after skimmer was discovered on ATM. (BDN 12.10.2016)
Topics: Current Events in Banking