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April 2, 2012 Edition
Focus on Banking & Finance

Marketing and big-bank backlash swell credit union ranks

Matt Dodge

Maine's credit unions have seen a 3.4% rise in membership over the last four years, with assets up by 19.5%, reflecting a national trend that has seen credit union membership rise as marketing effo

Today's Poll

Do you have a side hustle?
Poll Description

In the latest installment of our “Made in Maine” series, we visit the Gorham studio of textile designer Erin Flett, who has turned her after-hours basement side hustle into a well-known brand with a national wholesale network.

Nationwide, side hustlers started a record number of businesses during the pandemic. Today, a growing number of younger professionals are supplementing their income with a side job, as shown in a survey by Bankrate, the personal finance website. It found that 34% of Gen Zers (ages 18 to 28) have a side hustle, outpacing millennials (31%), Gen Xers (23%) and boomers (22%).

While some people can turn their side gigs into profitable businesses, others keep hustling their entire working lives –  or have neither the time nor the interest to do so. 

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