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Banking & Finance

Camden National Bank creates wealth management brand

Camden National Corp. (NASDAQ: CAC), the parent company of Camden National Bank and Acadia Trust N.A., announced on Dec. 1 that it successfully completed the combination of Acadia and Camden National...

Maine fares well in national fraud rankings

Maine experiences far less fraud and identity theft than most other states, Maine Public reported, citing a study by WalletHub, the consumer and finance data site.

Camden National beefs up fraud protection, adds 24-hour customer service

Camden National Bank, the largest bank based in Maine, said Tuesday it has fortified its cyber-security and added 24-hour customer service.

FAME financing boosts Thompson's Point project

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The Finance Authority of Maine has approved a $500,000 direct loan to Forefront Brick South LLC to help finance property improvements and working capital related to the redevelopment of a vacant...

Maine-based banks fill a void left behind

Jennifer Van Allen |

TD Bank, KeyBank and Bank of America have closed branches in Cumberland County over the past decade, while community banks like Gorham Savings Bank, Bangor Savings Bank, Camden National Bank and...

One on One with John Witherspoon, president of Skowhegan Savings

Jennifer Van Allen |

John Witherspoon never envisioned a career in banking. But in 1979, fresh out of college and a three-month hiking adventure on the Pacific Crest Trail, Witherspoon joined Kingfield Savings Bank as a...

Boothbay Harbor, Vassalboro awarded $4.4M for water infrastructure upgrades

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The U.S. Department of Agriculture is investing $4.4 million to assist both the Boothbay Harbor Sewer District and the Vassalboro Sanitary District.

Portland nonprofit Spurwink lands $20M education grant

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Spurwink, a Portland-based nonprofit that provides behavioral health and educational services for children, adults and families, has won a five-year, $20 million U.S. Department of Education grant...

Maine's entrepreneurs come out with $1.46M in funding from MTI

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Among the award recipients is Portland-based Casco Bay Butter Co., which will use its $21,044 award from the Maine Technology Institute to help double its product shelf life without the use of...

Project focused on new food economy aims to create Maine's 59th credit union

Lori Valigra |

The Maine Harvest Credit Project, which aims to create a specialized, socially responsible credit union focused on the new food economy in Maine, has raised $1.4 million, or about 60% of the money it...

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