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April 2, 2012 Edition
Focus on Banking & Finance

Marketing and big-bank backlash swell credit union ranks

Matt Dodge

Maine's credit unions have seen a 3.4% rise in membership over the last four years, with assets up by 19.5%, reflecting a national trend that has seen credit union membership rise as marketing effo

Today's Poll

Did the recent Small Business Saturday help your business?
Poll Description

Sponsored by Kennebunk Savings Bank

Small Business Saturday, the annual tradition that encourages shoppers to support local, independent retailers and entrepreneurs, marked its 16th rendition on Nov. 29, with events held across the nation.

Founded by American Express in 2010, the yearly event has become an essential part of the holiday shopping season. The Small Business Administration became the official co-sponsor in 2011. 

Last year, shoppers turned out in full force to support their local communities, generating an estimated $22 billion in spending at small retailers and restaurants.

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