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Banking & Finance

Workforce issues take center stage at Mainebiz 'Five on the Future' panel

Maureen Milliken |

Finding, recruiting and retaining workers continues to top the list of concerns across Maine industries, panelists agreed at Tuesday’s Mainebiz “Five on the Future” program in...

Boston Fed's Fuhrer sees modest growth for 'Goldilocks point' economy

Renee Cordes |

Jeffrey C. Fuhrer, executive vice president and senior policy adviser at the Federal Reserve Bank of Boston, said he sees U.S. economic growth continuing apace for the time being despite recent...

Northeast Bancorp announces corporate reorganization, plans merger with its bank subsidiary

Staff |

Northeast Bancorp (NASDAQ: NBN) announced today a reorganization plan to merge with its wholly owned bank subsidiary, Northeast Bank.

Wealth management: Spinnaker's Rand 'cautious' of financial market headwinds

Renee Cordes |

As Amanda Rand embarks on her second year as president of Portland-based wealth management firm Spinnaker Trust, she sees headwinds that could put a damper on financial markets.

Financial Planning: Stock market worries? Take the long view

Peter Van Allen |

Molly C. Reinfried, a certified financial planner, has been at HM Payson for four and a half years and was recently named chair of the firm's wealth management group.

Financial management: Northern Maine financial firm invests in staff and software

Renee Cordes |

After taking the helm as CEO of Thompson-Hamel LLC in October, Bryan Thompson has big plans for the Presque Isle-based financial firm.

Banking: An economic downturn could be lurking

Peter Van Allen |

Chip Kelley took over last summer as Maine market president for KeyBank, which has 49 Maine offices and nearly $2.5 billion in deposits. He has broad experience in commercial banking in...

Banking: Growth in the forecast at Maine's largest credit union

Renee Cordes |

Town & Country Federal Credit Union, Maine's largest credit union with 38,800 members as of Nov. 30, is poised for further growth this year.

New year brings new resolutions for business leaders

Renee Cordes |

With the new year upon us, Mainebiz asked business and nonprofit leaders about their business resolutions for 2019, including hiring and growth plans. Here in no particular order is our...

Gorham Savings Bank President Steve deCastro takes reins as CEO

Staff |

Gorham Savings BankPresident Steve deCastro took on the additional role of CEO starting Jan. 1, succeeding Chris Emmons under a two-step transition plan announced last year.