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Banking & Finance

Foundation awards grants to 31 Maine nonprofits

Staff |

The Frances Hollis Brain Foundation Fund at the Maine Community Foundation has awarded 31 grants totaling $175,740 to nonprofit organizations that serve disadvantaged, underserved, and/or vulnerable...

FAME approves financing for Thompson's Point project

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The board of Finance Authority of Maine approved a direct loan of $495,000 to Forefront Commons I LLC to help renovate a historic former rail building as part of a larger construction project at...

Six businesses receive $530K in USDA Rural Development grants

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Six small businesses in southern Maine have received nearly $530,000 in federal grants from two USDA Rural Development programs.

SBA and MTI host event on federal grant funding for Maine small businesses

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The U.S. Small Business Administration and the Maine Technology Institute will host an event in Portland on Friday that will give Maine small businesses a chance to meet program managers and senior...

Franklin Savings launches $150K donation campaign for local nonprofits

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Franklin Savings Bank is celebrating its 150th anniversary by setting up a fund that will make donations to nonprofits in its coverage area.

CEI gets 4-star Aeris rating for its fund management, community impact

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Aeris, the independent rating and information service for community investment funds, has given strong ratings to Coastal Enterprises Inc. for its fund management and the social impact of its...

KeyBank promotes Kelley to Maine market president

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Less than two months after the death of Sterling Kozlowski, KeyBank's Maine market president, the bank has named his successor.

Bangor Savings opens first of new waterfront buildings

Bangor Saving Bank opened the first building at its new waterfront headquarters.

SBA's regional director touts programs to boost rural Maine

James McCarthy |

SBA's regional New England Administrator Wendell Davis drove up from Boston last week to see what Our Katahdin was up to at the shuttered Great Northern Paper mill site in Millinocket. He toured the...

Kelley steps up to become KeyBank’s Maine market president

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KeyBank announced Monday that Raymond T. (Chip) Kelley has been named its Maine market president, in addition to his current role as commercial sales leader for Maine, New Hampshire, and eastern...

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