News and Announcements

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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

News

Financial Regulatory Agencies Issue Statement on Elder Financial Exploitation 

12/04/2024 Division of Banks

Older adults who experience financial exploitation can lose their life savings and financial security and face other harm.

News

2024 Cybersecurity Awareness Month: Phishing 

10/28/2024 Division of Banks

News

R-SAT Version 2.0 for Nonbanks Released 

10/24/2024 Division of Banks

Mitigating the Risks of Ransomware

News

2024 Cybersecurity Awareness Month: Update Software 

10/21/2024 Division of Banks

News

2024 Cybersecurity Awareness Month: Strong Passwords 

10/07/2024 Division of Banks

News

2024 Cybersecurity Awareness Month 

10/01/2024 Division of Banks

October is National Cybersecurity Awareness Month

Press Release

Treasurer’s Office of Economic Empowerment, Division of Banks Announce 2025 Funding for High School Financial Education Fairs 

9/24/2024 Office of State Treasurer and Receiver General Deborah B. Goldberg

Massachusetts high schools can apply to receive a grant to host a financial education fair for their students