advertisement

Maine's jobless rate drops to lowest point since 2001

Staff |

In its newest report, the Maine Department of Labor said that the jobless rate in the state is at its lowest level since February 2001, as it dropped to 3.4% in March, compared to the 4.6% reported...

 
Small Business

27 Maine small business nab $690K in grant funding

Staff |

On Thursday, the Maine Department of Economic and Community Development announced that seven communities across the state have been awarded $690,300 in funding under the Community Development Block...

 

Jobs reportedly cut as Putney deal closes

Early Thursday morning, the $200 million acquisition of the Portland-based veterinary product company Putney Inc. officially came to a close and with it came the news that the company's new owner,...

 
Real Estate & Construction

Smooth sailing for proposed Dollar General in Eddington

A little over two months after the town of Thomaston turned down a proposed Dollar General store on the town’s Main Street, the discount retailer received a preliminary green light for...

 
Transportation

Legislation looks to lift regulations on Cuba-bound flights

Staff |

On Wednesday, Maine's U.S. Reps. Bruce Poliquin and Chellie Pingree introduced legislation in Washington that would update regulations that have restricted European charter flights bound for Cuba...

 
Real Estate & Construction

Hancock Lumber unveils Kennebunk store

Staff |

After eight months of site work, building demolition and construction, the Casco-based Hancock Lumber has officially opened the doors on a new 30,000-square-foot facility in Kennebunk.

 
Forest products

Restart efforts for Lincoln mill come to a close

John McMahon, the former sales director of Lincoln Paper and Tissue and representative of a group of former mill workers with hopes of restarting production the Lincoln mill, said that the...

 
Retail & Food service

Early morning fire destroys downtown Freeport restaurant

Early Wednesday morning, firefighters from the communities of Freeport, Brunswick, Topsham, Pownal and Yarmouth battled a blaze that destroyed the 30-year-old downtown Freeport eatery, the Corsican...

 
Technology

WEX first quarter financials beat analysts’ expectations

James McCarthy |

WEX Inc. (NYSE:WEX) reported today its total revenue for the first quarter ended March 31 increased 2% to $205.9 million, compared with $202.3 million reported in the first quarter of 2015. First...

 
Energy & Utilities

ORPC wins national hydropower award for river-power generator technology

Staff |

The National Hydropower Association has awarded Ocean Renewable Power Co. the 2016 Outstanding Stewards of America's Waters Award in the category of Operational Excellence for its RivGen Power System...

 
View all
 
 
HOW To'S

How To: Work with your commercial lender to grow your business

David M. Eldridge |

Spring brings growth and new activity. In the commercial lending world, it's also when small- and mid-size businesses get serious about launching, growing or expanding. We celebrate...

How To: See value in negative role models

Rob Levine |

My first manager spoiled me. He looked out for me, pushed me to succeed and left me alone. He made it a point to constructively correct bad behavior, and was always there with public...

How To: Protect a small business from computer disaster

Nick Knowlton |

How To: Avoid the 5 temptations of success

Doug Packard |

How To: Sublet your way around a commercial real estate shortage

Justin Lamontagne |
View all
Opinion

The foibles of new technology

Lori Valigra |

The first time I observed just how frustrating new technology can be to consumers unfamiliar with it was in the lobby of a bank in Coolidge Corner in Brookline, Mass.

Hospitality no small industry in Maine

Back when I was a mere vacationer in Maine, spending a week or two at a time in Castine, my wife and I were always surprised to meet so many people who both lived in Maine and vacationed...

Navigate new EMV chip-card standards

Patty Sanville |
View all
 
Lists

Largest Maine-based Banks

Ranked by total assets as of Dec. 31, 2015 (all dollar figures in thousands)

RankBankAssets
1Camden National Bank*$3,681,225
2Bangor Savings Bank$3,304,123

*Acquired Bank of Maine, which ranked 12 on our list last year, in October 2015.

Source: Federal Deposit Insurance Corp.


ADVERTISEMENTS
Most Popular on Facebook
Most Popular on Twitter