News and Announcements

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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

Notice of Public Hearing: Hybrid Hearing on November 4, 2024 at 10:30 am

10/07/2024 Division of Banks

Amendments to 209 CMR 18.00: Conduct of the Business of Debt Collectors, Student Loan Servicers, and Third Party Loan Servicers and 209 CMR 48.00: Licensee Record Keeping

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