Maine

Under a consent order with Texas and seven other states, the Atlanta-based credit reporting firm agreed to shore up its information security efforts, but it will not have to pay any financial penalties.

The $63 million-asset Taconnet Federal Credit Union ha merged with $94 million-asset New Dimensions Credit Union

Membership, lending and assets were up at every single credit union in Maine last year, according to a recent report from the Maine Credit Union League.

The credit union's assets have grown tenfold, and the institution has added 30 additional employees and two new branches, since Clark took the helm in 1986.

York County FCU and Atlantic FCU announce intent to merge. The announcement came on the heels of news that another CU's expansion into York County was granted.

The $269 million credit union will now serve York County in addition to Cumberland County

The Massachusetts bank — and former credit union — bought Cumberland County Mortgage in Maine.

Attorney General Jeff Sessions’ decision to rescind an Obama-era directive that helped foster the marijuana sector’s growth raises new risks for banks and credit unions that do business with growers and dispensaries.

Attorney General Jeff Sessions’ decision to rescind an Obama-era directive that helped foster the marijuana sector’s growth raises new risks for banks and credit unions that do business with growers and dispensaries.

Eastern Maine Medical Center FCU now part of Acadia FCU after members approve.

The mutual, which agreed to buy First Colebrook Bancorp, had recently opened a limited-service branch in Portsmouth, N.H.

New York credit union is converting to the Symitar Episys core processing system, as well as a suite of related solutions from Synergent.

Lending rose by more than 9 percent during the first half of the year and membership hit a new record.

The combined institution has assets of more than $1.3 billion and serves more than 120,000 members.

Maine Gov. Paul LePage called out the credit union tax exemption in his veto letter, but was overriden nearly unanimously by both chambers of the state's legislature.

Todd Mason, a former Michigan league VP and a leader in the indirect auto lending space, is set to take over once longtime president and CEO John Murphy retires in June.

First Bancorp in Damariscotta, Maine, has repurchased warrants it sold to the Treasury Department under the Troubled Asset Relief Program.

Sen. Jeff Sessions is one of the marijuana industry's staunchest foes. He could upend efforts by the Obama administration to persuade banks that it is safe to work with cannabis firms.

Banks already have a difficult time collecting data on mortgage lending to minorities. New data requirements scheduled to take effect in early 2018 could lead to even more mistakes — and financial penalties — not to mention higher compliance costs and longer delays in closing loans.

Voters in Florida, North Dakota, Montana and Arkansas approved medical marijuana measures on Tuesday, while their counterparts in California, Massachusetts and Nevada approved recreational pot initiatives.