News and Announcements

Showing results
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

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