Husch Blackwell

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Wednesday Jun262019 Bangor Savings Bank ends 2018 with a 38% increase from 2017.  (BDN 6.21.19) Bar Harbor Trust Services was added to the lawsuit involving theft by Robert K. Lindell, Jr.  (BDN 6.11.19)  Canada’s largest banks are looking outside Canada to continue growing.  (Bloomberg News 5.24.19) Plans to open Maine Harvest Credit Union this summer will be focused on famers and food entrepreneurs.  (Mainebiz 5.22.19) Bangor Savings Bank held opening ceremony for its…
After a year full of changes for employers paired with a new governor in Maine, Verrill Dana will reflect on recent legal developments in labor and employment law and what the new year might bring during its 2019 Annual Employment Law Update. The full-day conference will take place on Thursday, January 31 at The Westin Harborview Hotel in Portland. The all-day event will begin with a panel discussion of a 2018 labor and employment year…
Tuesday Jul242018 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…
Friday Apr202018 Wells Fargo Bank $1 billion fine is among the largest set by regulators.  (Central Maine 4.19.2018) Federal Reserve Chairman Jerome Powell maintains that slow and steady increases in rates is the right course of action to strengthen the economy.  (PPH 4.7.2018) Lake Sunapee Bank in New Hampshire will now be known as Bar Harbor Bank & Trust.  (Valley News 4.8.2018) Maine’s banking industry is seeing changes in leadership as women…
Monday Mar052018 Maine banks encountered a positive 2017 and 2018 looks promising.  (The Ellsworth American  3.5.2018) Federal Reserve Chairman Jerome Powell plans gradual increase in interest rates.  (PPH 3.1.2018) Equifax breach affected 147.9 million consumers which is more than initially reported.  (BDN 3.1.2018) Lincoln J. Merrill becomes chairman of MaineHousing’s board of commissioners.  (MaineBiz 2.27.2018) New tax laws means Fannie Mae will need to request taxpayer funds from the US…
Tuesday Jan302018 New Hampshire’s legislature is debating changes to foreclosure laws.  (Concord Monitor 1.29.18) Record breaking sales of Maine homes in 2017 kept prices surging in Cumberland and York counties.  (PPH 1.24.18) Marion Colombo joins Bar Harbor Bank & Trust as Executive Vice President of Retail Delivery in February 2018.  (Business Wire 1.23.18) Jerome Powell to succeed Janet Yellen as Federal Reserve Chairman in February 2018.  (Central Maine 1.23.18) Maine AG…
On December 22, 2017, in one of the fastest-moving pieces of legislation to come across a President’s desk, President Trump signed into law a bill generally known as the “Tax Cuts and Jobs Act,” formally HR1 – An Act to provide for reconciliation pursuant to titles II and V of the concurrent resolution on the budget for fiscal year 2018. The Act will undoubtedly affect most individuals and businesses beginning with the 2018 tax year. …