ABA Community Banking
SEPTEMBER 29, 2021
On the latest episode the ABA Banking Journal Podcast, Berkshire Bank President and CEO Nitin Mhatre discusss Berkshire Bank's "BEST Community Comeback," a new $5 billion ESG-focused initiative at the Massachusetts-based midsize community bank.
CFPB Monitor
NOVEMBER 16, 2021
6247-A) to the New York Community Reinvestment Act (NYCRA) that expand the NYCRA’s coverage to non-depository mortgage lenders. New York now joins a small group of states, including Illinois and Massachusetts, that apply CRA-type laws to non-depository mortgage lenders. The amendments are effective November 1, 2022.
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PYMNTS
MARCH 30, 2017
states — $22 million to Massachusetts and $2.87 I think the scope of the settlement and the kind of relief we’re getting could be used as a model for other jurisdictions,” Massachusetts Attorney General Maura Healey told Bloomberg News , adding that $16 million of the total will go to consumers. “I
PYMNTS
OCTOBER 17, 2018
On October 4, the Massachusetts Cannabis Control Commission (CCC) issued its final four recreational marijuana licenses to businesses, meaning legal marijuana will soon be available for purchase. Massachusetts joins a handful of states, including Colorado, Washington and Maine, that have taken steps to legalize recreational marijuana.
PYMNTS
MAY 13, 2020
Citi and Flywire are putting their decade-old partnership to a new use in an initiative with The Boston Foundation , a community foundation connecting nonprofits to funding. million pieces of PPE for Brigham and Women’s Hospital, Massachusetts General Hospital and others. Accelerating PPE Procurement.
Social Assurance
JUNE 15, 2021
Is your community something you’re proud of? What effort are you putting in to better your community? Financial brands are truly are the heroes in their communities. Our Community Spark award recognizes banks and credits that are going above and beyond to create a spark and make a difference.
CFPB Monitor
JANUARY 12, 2021
The Taskforce identified the following three “overarching principles” as animating its drafting of the report: Consumer protection policy should be particularly attentive to the consequences for inclusion and access by previously underserved communities. Small dollar credit.
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