News and Announcements

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CSBS Announces 2024 Community Bank Case Study Competition Teams 

5/16/2024 Division of Banks

Merrimack College, North Andover, Massachusetts, Participating in Competition.


Recent Change to Massachusetts Law permits Remote Reverse Mortgage Loan Counseling 

5/02/2024 Division of Banks

Chapter 88 includes the provisions to authorize reverse mortgage counseling via synchronous real-time video conference or telephone on a permanent basis.


Applications Open for Operation Money Wise, Veteran Financial Education Funding 

4/22/2024 Division of Banks

Veteran-serving organizations in Massachusetts can apply for funding to offer financial education programming for veterans, service members, and their families.


Division of Banks Awards $3.35 Million in Grants to Support Foreclosure Counseling, First-time Homebuyer Education 

4/19/2024 Division of Banks

24 organizations across the state receive funding through the Chapter 206 Grant Program


Multi-state Consent Order with Money Transmitter Sigue Corp. 

3/22/2024 Division of Banks

MA Division of Banks participates with state regulators to order Sigue Corp. to cease foreign money transmission activity in the Commonwealth.


So Remessas, Inc., Framingham - permission to operate as a check casher at 597 Waverly Street, Framingham, Massachusetts 

2/26/2024 Division of Banks

Comment period February 26, 2024 through March 11, 2024

Press Release

State Agencies Announce Financial Literacy Grant Recipients 

1/22/2024 Office of State Treasurer and Receiver General Deborah B. Goldberg

Massachusetts high schools will use funding to host financial education fairs for their students.


Board of Bank Incorporation Hearing: Mutual Bancorp, Hyannis, to acquire Fidelity Mutual Holding Company, Leominster 

1/18/2024 Division of Banks

Tuesday, February 13, 2024, 10:30 am - 11:30 am


CFPB Report Identifies Challenges Faced by Borrowers in Resumption of Student Loan Payments 

1/08/2024 Division of Banks

CFPB oversight identifies long hold times, inaccurate billing statements, and processing delays


Board of Bank Incorporation Hearing: Eastern Bankshares, Inc., Boston, to acquire Cambridge Bancorp, Cambridge 

12/18/2023 Division of Banks

Tuesday, January 9, 2024, 10:00 a.m. - 11:00 am


R-SAT Version 2.0 Released 

10/27/2023 Division of Banks

Mitigating the Risks of Ransomware


2023 Cybersecurity Month: Update Software 

10/26/2023 Division of Banks

Update Software Promptly for Safety


2023 Cybersecurity Month: Recognize and Report Phishing 

10/20/2023 Division of Banks

Avoid Phishing Scams with Three Simple Tips


2023 Cybersecurity Month: Multifactor Authentication 

10/13/2023 Division of Banks

Stay Safer with Multifactor Authentication (MFA)