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Banking & Finance

Here are the four branches Camden National plans to close after buying the Bank of Maine

Dylan Martin |

Camden National Bank is planning to close four branches in central and southern Maine as part of its parent company’s plan to buy The Bank of Maine for $135 million.

Ex-Maine Aquarium owner sues Portland lawyer

The former owner of Maine Aquarium in Biddeford is suing a Portland lawyer, claiming that he purposefully damaged the owner’s plan to reopen the aquarium in Saco.

Wells Fargo eyes Maine for potential expansion

Dylan Martin |

Wells Fargo & Co. said it is planning to expand its commercial banking operation in New England, and that may include opening an office in Maine.

Maine's largest Export-Import Bank deals

RankExporter, locationTotal insured shipments, guaranteed creditor...

Maine's largest credit unions

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In targeting fraud, banks plan greater use of microchip cards that are costly but more effective

Lori Valigra |

A large data breach in December 2013 shook banks and retailers out of their sense of complacency that fraud couldn't happen in their business. In mid-December of that year, Target Corp.

Entrepreneurs find new ways to leverage federal funding

Lori Valigra |

Federal science funding can be a boon to Maine companies, but some of its requirements can limit entrepreneurial activity.

Camden National to buy Bank of Maine

Dylan Martin |

The parent company of Camden National Bank has reached an agreement to buy the Bank of Maine in a deal that could make it the state's largest Maine-based bank.

Navigating fed funding takes startup moxie

Lori Valigra |

A $2.6 billion jackpot for early stage R&D funding from 11 federal agencies plus their related institutes seems too good to pass up, but applying for the money isn’t for...

Largest Maine-based banks

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