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Saco & Biddeford Savings Institution has made six new hires and promotions to take on roles in a variety of departments.
Spinnaker Trust has appointed Eugenio Figarella as assistant portfolio manager.
Camden National Bank has promoted Barbara Raths, who formerly served as director of treasury management and government banking, to executive vice president of commercial banking.
For the third year in a row, Skowhegan Savings Bank will sponsor the prize for the Dirigo Labs business pitch contest, the culmination of a months-long accelerator program.
A roundup of new hires, promotions and achievements at Maine's businesses, nonprofits, professional services firms and health care institutions.
Since it was founded in 1994, the annual Swish-Out Childhood Cancer Challenge has raised $750,000 for the Maine Children's Cancer Program at the Barbara Bush Children's Hospital in Portland.
Auburn-based H.E. Callahan Construction Co. will lead construction on a new banking center for Northeast Bank. The new site still needs regulatory approval, but plans call for at site at 836 Center St. in Auburn.
Joe Henderson, vice president of Advantage Capital, points to his company's $4 million investment in MedRythms as "a perfect example of a successful life sciences investment with a tangible, positive impact."
Plans for the branch come soon after state regulators approved UCU's request to convert to a community charter, opening membership to residents and businesses in 11 Maine counties.
Saco & Biddeford Savings Institution has appointed Shawn Walton as the market manager of its Saco branch.
The expanded facility will add 11 full-time positions and grow capacity by 17%. Construction is underway, and the new facility is scheduled to open in April.
A roundup of new hires, promotions and achievements from businesses, nonprofits, health care organizations and professional services firms around Maine.
Even during good times, early-stage life sciences and biohealth businesses in Maine frequently have to work harder than their peers in bigger markets to woo investors.
The nonprofit is hosting a research fellow to develop an investment model over the coming 30 months. The goal is to grow mid-Maine’s entrepreneurial economy.
The funds will assist the company finalize its equipment purchases and installation and begin operations for its molded-fiber manufacturing operation.
Augusta-based Maine State Credit Union has promoted Amanda Crommett to senior vice president and chief organizational development officer and Jason Hilt to senior vice president and chief financial officer.