News and Announcements

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News

Board of Bank Incorporation Virtual Hearing: Eastern Bankshares, Inc., Boston to acquire HarborOne Bancorp, Inc., Brockton 

8/08/2025 Division of Banks

This Hearing has been cancelled. See below for further details.

News

State Agencies Announce Recipients of Financial Education Grant for Veteran-Serving Institutions 

8/05/2025 Division of Banks

Organizations Will Use Funds to Offer Financial Education Programming to the Military Community

News

2024 Annual Report of the Commissioner of Banks 

6/23/2025 Division of Banks

Division of Banks publishes 2024 Annual Report

News

Proposed Amendments to 209 CMR 20.00, 32.00, 42.00, 43.00, 50.00, 54.00, 55.00, and 57.00 

6/20/2025 Division of Banks

Public hearing to be held on July 15, 2025 at 10:00 am at One Federal Street, Boston, MA 02110.

News

Division of Banks Awards $3.5 Million in Grants to Support Foreclosure Counseling, First-time Homebuyer Education 

5/29/2025 Division of Banks

Twenty-four organizations across the state receive funding through the Chapter 206 Grant Program.

News

Division of Banks cautions consumers about payday loans. 

4/22/2025 Division of Banks

The Massachusetts Division of Banks strongly advises consumers to avoid payday loans with predatory terms, including from tribal lenders.

Press Release

State Agencies Announce Financial Literacy Grant Recipients 

3/13/2025 Office of State Treasurer and Receiver General Deborah B. Goldberg

State Agencies Announce Financial Literacy Grant Recipients

News

A Win for Consumers 

1/22/2025 Division of Banks

Division of Banks Leads a Multi-state $80 Million Enforcement Action Against Block, Inc., Operator of the Highly Popular Cash App Service

News

Massachusetts Division of Banks joins State Regulators in Issuing $80 Million Penalty to Block, Inc., Cash App for BSA/AML Violations 

1/15/2025 Division of Banks

More than 50 million consumers use Cash App, Block’s mobile payment service, to spend, send, store, and invest money.

News

BBI Virtual Hearing 

1/09/2025 Division of Banks

River Run Bancorp, MHC, Newburyport, MA to acquire Rollstone Bancorp, MHC, Fitchburg, MA