Banking Law Update

A blog from the attorneys of Verrill

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Financial Institutions....In the News

  • Early in 2017, the U.S. Supreme Court (Expressions Hair Design v. Schneiderman) will hear arguments related to the credit card fees businesses are required to pay. (BDN 11.29.2016)
  • In the Portland area, national banks are on the decline while community banks have increased their presence. (Mainebiz 11.30.2016)
  • Camden National Bank’s services now include 24-hour customer service to help with fraud protection. (Mainebiz 11.30.2016)
  • The Department of Labor’s fiduciary rule which takes effect on April 10, 2017 is being embraced by Maine banks. (Mainebiz 11.28.2016)
  • A recent study of fraudandidentity theft by WalletHub shows that Maine has less fraud and identity theft than most other states. (Mainebiz 12.5.2016)
  • Since 2010, bankruptcy filings in Maine have been steadily decreasing but experts warn more bankruptcies may bubble up in the future. (Central Maine 12.3.2016)
Topics: Current Events in Banking