Maine Bankers Association News

Read the Maine Banker E-Newsletter August 24, 2015

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The Maine Banker E-Newsletter 8.24.15

 

Read the Maine Banker E-Newsletter July 15, 2015

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The Maine Banker E-Newsletter 7.15.15 

 

MBA Legislative Report July 9, 2015

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MBA Legislative Report July 9, 2015

 

Read the Maine Banker E-Newsletter June 29, 2015

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The MaineBanker E-Newsletter June 29, 2015

 

The Superintendent has released the 1st Quarter 2015 Foreclosure Report. Click here to access the full report.

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1st Quarter 2015 Foreclosure Report

 

Maine Bankers Association Announces Charitable Giving Results

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The Maine Bankers Association has announced the results of its annual Community Involvement Survey.  The survey shows that in 2014:

  • Banks across Maine contributed $9,551,717 to charitable causes in their communities.
  • Bank employees logged 175,482 hours of volunteer time.
  • Bank employees raised an additional $557,004 to donate to charities of their choosing.

Maine Bankers Association president Chris Pinkham praised the role of bank employees in the community effort. “One of our favorite stats on the survey identifies the amount that bank employees raise all by themselves for charitable causes,” he said.  “Employees at just about every bank organize teams to participate in walk-a-thons, road races, yard sales and other community fundraising events throughout the year. Many have programs where employees donate an amount to charity in order to dress casually on Fridays. Then they collectively decide which local charities will receive their pool of funds.” 

Some banks earmark a specific percentage of profits each year for charitable causes. Others invite the public to vote on which charitable organizations should receive the bank’s donations. Still others dedicate an amount for each residential loan to programs for the homeless.

“In addition to the $9.5 million in donations, banks participate in all kinds of things like food drives, toy collection, scholarships, free income tax preparation and even donations for touchdowns scored by the Patriots,” said Chris Pinkham.  “Employees love it, and communities throughout Maine benefit from it.”

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About the Maine Bankers Association:  Founded in 1893, the Maine Bankers Association offers programs and services to its 31 member banks across Maine. For more information, visit www.mainebankers.com.

 

Read the Maine Banker E-Newsletter 5.15.15

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Click here to read.

 

Customers trust their personal data to banks over all other institutions. See recent survey of bank customer experience by Accenture.

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http://www.accenture.com/us-en/Documents/insight-consumer-banking-survey/pdf/Accenture-2015-North-America-Consumer-Banking-Survey.pdf

 

The Maine Economic Growth Council has released the 2015 Measures of Growth report, a snapshot of economic trends, risks and rewards of doing business in Maine. Click to read the full report.

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Maine Economic Growth Council 2015 Report

 

Read The Maine Banker E-Newsletter April 17

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The Maine Banker E-Newsletter April 17

 

Read The Maine Banker E-Newsletter March 10

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The Maine E-Newsletter March 10, 2015

 

The latest Federal Reserve Beige Book reports expanded economic activity across most of the country. Click here to read the report.

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The latest Federal Reserve Beige Book.

 

BoFI Releases Maine's 4th Quarter Foreclosure Report

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Click here to read the full report.

 

The Maine Development Foundation and the University of Maine have presented their fifth Quarterly Economic Report, Energy in Maine. Click here to read.

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Quarterly Economic Report

Quarterly Economic Report: Energy in Maine

Quarterly Economic Report: Energy in Maine

 

America Saves Week February 23-28

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Click here to read the full article

 

Read The Maine Banker E-Newsletter February 11, 2015

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The Maine Banker E-Newsletter 02.11.15

 

How Congress can help hometown banks is the topic of ABA’s 2015 Key Banking Issues guide.

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Click here to read the ABA Guide.

 

Read The Maine Banker E-Newsletter January 27

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The Maine Banker E-Newsletter 1.27.15

 

The Superintendent has released the 2015 Report to the Maine Legislature. Click here to read the full report.

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http://www.maine.gov/pfr/financialinstitutions/reports/pdf/legrep2015.pdf

 

The Federal Reserve Beige Book released 1.14.14 reported year-end economic growth “modest to moderate.”

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Click here to read more.

 

Read The Maine Banker E-Newsletter January 13

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Click here to read the e-newsletter for 1.13.15.

 

MBA files comment letter with FHFA on proposed change to FHLB membership

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Click here to read the  letter.

 

FDIC releases State of Maine profile for 3rd quarter of 2014

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Click here to read the State of Maine Profile