Banker's Toolbox Announces — ACQUISITION OF LOAN LOSS RESERVE POWERHOUSE, MAINSTREET TECHNOLOGIES
Banker's Toolbox, Inc., leaders in compliance solutions for financial institutions, announced the acquisition of Georgia-based MainStreet Technologies (MST). MST is an industry leader in the loan risk management space. This acquisition adds to a strong and growing portfolio of compliance-related solutions and will continue to enhance the value Banker's Toolbox brings to both their customers and the industry. (Read full press release here.)
Unauthorized banking alert
The OCC has issued an Alert regarding an entity calling itself Bluegate Industrial Bank USA, N.A., which purports to be an online financial institution offering regular banking products as well as loan services. Bluegate Industrial Bank USA, N.A., is not a licensed or chartered bank. for more information, see our Alert Page.