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Banking & Finance

Historic Bangor building, long vacant, gathers steam


A second tenant has signed onto Bangor's historic Nichols Block building and owner-developer Adam Moskovitz says he has other prospects interested in the site.

New financing secured for western Maine small businesses


Community Concepts Inc. has secured financing for a new small business loan program for its Community Concepts Finance Corp.

Women to Watch: Elizabeth Hayes, Infinity Federal Credit Union

Peter Van Allen |

Elizabeth Hayes can still remember where she was when her beloved Minnesota Vikings missed a field goal and blew their chances to get to the Super Bowl.

Women to Watch 2017

Mainebiz is proud to present the 2017 Women to Watch. This year we had so many great nominees, we named five honorees instead of the traditional four. They come from a range of industries...

TruChoice FCU all set to open Biddeford branch


TruChoice Federal Credit Union will host a grand opening celebration at its newest location in Biddeford on Aug. 7.

Shuttered Lincoln mill to seek $1.1 million from vendors

As part of a bankruptcy process, the Lincoln Paper and Tissue mill plans to try to reclaim money that it's already paid out to vendors.

Vets First Choice CEO talks about global expansion, acquisitions

Lori Valigra |

Direct Vet Marketing last week raised $223 million, a record amount for a Maine-based company in at least two decades. CEO Benjamin Shaw has big plans for the infusion, including expanding into...

Infinity FCU launches 'Bridge to Citizenship' program for new Mainers


Infinity Federal Credit Union launched today a new loan program designed specifically to meet the needs of Maine residents aspiring to become citizens of the United States.

Bangor Savings Bank expands into New Hampshire


Bangor Savings Bank has expanded its footprint outside Maine for the first time, announcing that it recently opened a loan production office in Portsmouth, N.H.

Catalyst Paper's project would support 62 new jobs at Rumford mill

British Columbia-based Catalyst Paper Corp. projects that a $56 million investment in a tissue-making machine at its Rumford mill would support 62 full-time jobs.