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News and Announcements

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The Division of Banks Announces New Pilot Grant Program for Financial Literacy and Debt Resolution Education 

5/06/2021 Division of Banks

The Division will accept funding proposals for two-year pilot projects implementing innovative Financial Literacy and Debt Resolution programs.


2020 Annual Enforcement Report 

2/26/2021 Division of Banks

The Division has published the 2020 Annual Enforcement Report


America Saves Week 2021 

2/24/2021 Division of Banks

America Saves Week 2/22 - 2/26/2021


Massachusetts Division of Banks Appoints Deputy Commissioner and General Counsel 

1/20/2021 Division of Banks

Barbara E. Keefe Appointed Deputy Commissioner and General Counsel


Massachusetts Division of Banks joins State Regulators and the U.S. Secret Service in issuing a Ransomware Mitigation Tool for Nonbank Companies 

12/16/2020 Division of Banks

In an effort to mitigate the rise of ransomware attacks threatening the U.S. economy state financial regulators and the U.S. Secret Service (USSS) today released a self-assessment resource for nonbank companies


Insurance Premium Finance Board Request for Information & Comment 

12/14/2020 Division of Banks

The Massachusetts Insurance Premium Finance Board seeks input regarding the current state of the insurance premium finance landscape.

Press Release

Nationstar Mortgage LLC Settlement Agreement and Consent Order 

12/07/2020 Division of Banks

Massachusetts Division of Banks joins with State and Federal Partners to Finalize Multiyear Investigation of Nationstar Mortgage, LLC d/b/a Mr. Cooper


November 2020 Premium Finance Board Meeting 

11/02/2020 Division of Banks

November 5, 2020 at 11:00 am


Massachusetts joins other state and federal agencies in announcing Self-Assessment Tool for Mitigating the Risks of Ransomware 

10/14/2020 Division of Banks

State financial regulators, joined by the Bankers Electronic Crimes Task Force and the U.S. Secret Service, today issued a self-assessment tool to banks they supervise in an effort to help mitigate ransomware attacks.


Notice of Public Hearing for Insurance Premium Finance Board 

10/08/2020 Division of Banks

October 13, 2020 at 3:00 PM


Steps to Take when Called by a Debt Collector 

9/29/2020 Division of Banks


Federal Reserve Webinar for Lenders 

6/25/2020 Division of Banks

Main Street Lending Program - Loan Purchase Process