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Banking & Finance
Capital gains: How women are transforming the investment landscape
Renee Cordes Updated: 16 hours agoAs more women control capital, they’re not only building their own portfolios but also breaking barriers in early-stage investing to support innovation and the next generation of women-led startups.
Renee Cordes Updated: 16 hours ago
Maine Bankers Association president to retire in June
Renee Cordes Updated: 17 hours agoJim Roche joined the organization as president in August 2021 after leading the Business & Industry Association of New Hampshire for 17 years. He succeeded Chris Pinkham.
Renee Cordes Updated: 17 hours ago
Maine credit unions raise $238K to fight food insecurity
Renee Cordes November 24, 2025This year’s campaign came as many Mainers faced greater hardship due to the government shutdown and its impact on the Supplemental Nutrition Assistance Program, more commonly known as SNAP.
Renee Cordes November 24, 2025
Boston Fed chief lays out global economic risks, opportunities
Renee Cordes Updated: November 24, 2025Susan M. Collins, a member of the interest rate-setting Federal Open Market Committee, warned that the “major, transformative and intertwined” forces shaping the economic landscape could spark more volatile business cycles and inflation.
Renee Cordes Updated: November 24, 2025
Mascoma Bank adds to its Portland team
Alexis Wells November 20, 2025Mara Pennell brings 20 years of financial services experience to the role in commercial, residential mortgage and consumer lending.
Alexis Wells November 20, 2025-
Maine Bankers Association president to retire in June
Renee Cordes November 18, 2025Jim Roche joined the organization in August 2021 after leading the Business & Industry Association of New Hampshire for 17 years.
Renee Cordes November 18, 2025
Machias Savings adds commercial banker in southern Maine
Alexis Wells Updated: November 18, 2025Tara Perruzzi brings more than 30 years of retail and commercial banking experience to her new role.
Alexis Wells Updated: November 18, 2025
TD Bank will close 51 US branches, including three in Maine
Renee Cordes November 6, 2025The move, part of a revamp outlined last month that includes store upgrades and "tech-forward" digital banking, will leave the lender with 28 retail locations in Maine.
Renee Cordes November 6, 2025
Housing crisis will be the topic of southern Maine initiative
Peter Van Allen October 31, 2025Participants will include the CEOs of the Maine State Chamber of Commerce and Portland Regional Chamber of Commerce, as well as the president of MEREDA and the CEO of Bangor Savings Bank.
Peter Van Allen October 31, 2025
Dirigo Federal Credit Union taps Scarborough for its fifth branch
Tina Fischer October 30, 2025The new branch is the first for the 70-year-old institution in decades. For now, Dirigo has four branches — in Lewiston, Auburn, Mechanic Falls and South Paris
Tina Fischer October 30, 2025
With commercial base established in Maine, NBT Bank plans first retail branch
Laurie Schreiber October 30, 2025The Norwich, N.Y.-based bank said it has seen “tremendous growth” in its Maine customer base in recent years.
Laurie Schreiber October 30, 2025
Newsworthy people and performances for Nov. 3, 2025
Updated: January 3, 2025A roundup of new hires, promotions and achievements at businesses, nonprofits, professional services firms and health care institutions in Maine.
Updated: January 3, 2025
Camden National Corp. posts increase in Q3 earnings
Alexis Wells October 29, 2025Camden National Bank is the second-largest Maine-based bank, based on assets of $5.7 billion.
Alexis Wells October 29, 2025
Acquisition boosts NBT Bank's Q3 results
Laurie Schreiber October 28, 2025The comparisons to the second quarter of 2025 and to the third quarter of 2024 were significantly boosted by the acquisition of a western New York bank.
Laurie Schreiber October 28, 2025
Katahdin Trust parent posts bump in Q3 earnings, deposits
Renee Cordes Updated: October 23, 2025"We are pleased with these results and look forward to finishing the year strong," said Jon J. Prescott, president and CEO of Katahdin Trust, a Houlton-based bank with 16 locations.
Renee Cordes Updated: October 23, 2025
Skowhegan Savings expands Fairfield branch lending team
Alexis Wells October 16, 2025Skowhegan Savings Bank, with 12 locations throughout Maine, has expanded its Fairfield branch lending team, with the promotion of a longtime employee and the addition of a new vice president and commercial lender.
Alexis Wells October 16, 2025
Today's Poll
Sponsored by Kennebunk Savings Bank
Small Business Saturday, the annual tradition that encourages shoppers to support local, independent retailers and entrepreneurs, marked its 16th rendition on Nov. 29, with events held across the nation.
Founded by American Express in 2010, the yearly event has become an essential part of the holiday shopping season. The Small Business Administration became the official co-sponsor in 2011.
Last year, shoppers turned out in full force to support their local communities, generating an estimated $22 billion in spending at small retailers and restaurants.
The Giving Guide
The Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Learn More
Work for ME
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Learn More
Groundbreaking Maine
Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
Learn more-
The Giving Guide
The Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
-
Work for ME
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
-
Groundbreaking Maine
Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
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