Financial Institutions...In the News
- Commercial loans increased for Bar Harbor Bankshares in the second quarter. (MaineBiz 7.23.2018)
- President Trump is unhappy with the Federal Reserve increasing interest rates. (BDN 7.20.2018)
- Paul Andersen, CEO of Androscoggin Bank, announces Neil Keily as President. Paul Andersen plans to be the Chairman of Board and Neil Keily take on the responsibilities of CEO and President at the end of 2019. (Sun Journal 7.19.2018)
- 30-Year mortgage rates are the highest in seven years. (Central Maine 7.12.2018)
- Low unemployment contributing to good economy according to Federal Reserve Chairman Jerome Powell. (PPH 7.12.2018)
- Eight states including Maine, signed a consent order to require Equifax Inc. to strengthen security measures after 2017 data breach. (Central Maine 6.27.2018)
- Patricia Weigel, President and CEO of Norway Savings Bank and Tony McKim, President and CEO of First National Bank were elected President and Vice Chair respectively of the Maine Bankers Association. (Mainebiz 6.20.2018)
- A June 2018 Report states that risks by large banks involve complex financial trades that helped fuel the 2008 financial crisis. (Maine Public 6.19.2018)
- Sterling Kozlowskiof Key Bank will be remembered as a leader in the New England region. (Central Maine 6.11.2018)
- Maine Credit Union League supports legal cannabis from the threat of federal prosecution. (Mainebiz 6.11.2018)
- Legislature sends bill to President Trump to loosen banking regulations set in 2008 in response to the financial crisis. (PPH 5.22.2018)
- Romero Rainey, President and CEO of the Independent Community Bankers of America (ICBA), seeks to loosen federal banking regulations. (The Hill 5.22.2018)
- Maine banks report new foreclosures steadily decreasing throughout Maine. (PPH 5.6.2018)
- Bangor Savings Bank begins new construction of its headquarters on Bangor’s waterfront. (Mainebiz 4.24.2018)
- SunTrust breach linked to an employee and outside criminal. (News Center Maine 4.20.2018)
Topics: Current Events in Banking
