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40 Under 40: Alexis Brown is a voice for young people in rural areas
Updated: October 6, 2025"As a young professional and mother, I am deeply passionate about contributing to Maine’s potential — especially in our rural communities," says honoree Alexis Brown.
Updated: October 6, 2025
40 Under 40: Kelsie Bouchard rewards hard work, offering access to resources
Updated: October 6, 2025"Growing up in a small town in northern Maine, it seemed that all you needed to succeed was grit and a willingness to work hard. But over time ... I came to understand that success isn’t just about effort," says Kelsie Bouchard.
Updated: October 6, 2025
Introducing the 2025 Mainebiz 40 Under 40 honorees
Updated: October 6, 2025Now in its fourth year, the Mainebiz 40 Under 40 program recognizes the state's up-and-coming leaders, the next generation of individuals who are shaping Maine and its economy.
Updated: October 6, 2025
Maine bankers see modest boost to economy from Fed rate cut
Renee Cordes September 17, 2025Citing slowing growth in the first half of the year, central bankers lowered interest rates by a quarter of percentage point and signaled the possibility of two more cuts this year.
Renee Cordes September 17, 2025
Bath-based credit union gives itself a new name
Laurie Schreiber Updated: September 17, 2025In a nod to its shipbuilding roots, Five County Credit Union has rebranded as Ancorum, which blends the words "anchor" and "quorum," for community.
Laurie Schreiber Updated: September 17, 2025
Camden National names board chair to take over at year's end
Alexis Wells September 12, 2025Marie McCarthy, a retired L.L.Bean executive, will become chair of the board after Lawrence Sterrs retires on Dec. 31.
Alexis Wells September 12, 2025
NBT Bank names regional commercial banking manager for Maine office
Alexis Wells September 10, 2025A member of the NBT Bank team since 2019, Mark Schaub previously served as senior commercial banking relationship manager.
Alexis Wells September 10, 2025
Maine banks, credit unions hail mortgage privacy protections
Renee Cordes Updated: September 11, 2025The Homebuyers Privacy Protection Act, scheduled to take effect in March, will prohibit credit reporting agencies from selling consumers' contact information when they apply for a mortgage.
Renee Cordes Updated: September 11, 2025
Norway Savings promotes from within for chief risk-officer role
Alexis Wells September 4, 2025Norway Savings Bank has promoted Dawn Mugford as senior vice president and chief risk officer.
Alexis Wells September 4, 2025
Newsworthy people and performances for Sept. 8, 2025
Updated: September 8, 2025A roundup of new hires, promotions and achievements at businesses, nonprofits, health care institutions and professional services firms in Maine.
Updated: September 8, 2025Finance Authority of Maine offers a range of programs
FAME staff Updated: September 1, 2025About FAME The Finance Authority of Maine (FAME) is a quasi-independent state agency whose mission is to enrich business and educational outcomes through relevant, timely financial support to Maine’s people.
FAME staff Updated: September 1, 2025
The Finance Authority of Maine is behind many of the state’s leading businesses
FAME staff Updated: September 1, 2025The Finance Authority of Maine works behind the scenes on a range of financing programs aimed at the state’s businesses. Here are a few examples of Maine businesses that have worked with FAME and banks in the state to get financing.
FAME staff Updated: September 1, 2025
Longtime Waldo County banker joins Maine State Credit Union
Alexis Wells August 27, 2025Maine State Credit Union has hired Paul Doody as senior vice president of commercial banking. He will focus on business development and commercial lending.
Alexis Wells August 27, 2025
TV producer Dick Wolf gives $10M lead gift to MDI Hospital upgrade
Laurie Schreiber Updated: August 27, 2025The contribution — the largest from an individual in the hospital’s history — will accelerate the hospital's campus upgrade.
Laurie Schreiber Updated: August 27, 2025
Recently completed 45-unit residential complex in Cumberland to be auctioned
Laurie Schreiber August 24, 2025A $1.4 million shortfall in the $24.7 million project budget cascaded into financing problems with the project’s lender.
Laurie Schreiber August 24, 2025
Bay State's Eagle Bank opens its first Maine branch — in Kennebunk
Tina Fischer August 18, 2025The branch is based in the Hannaford shopping plaza at 65 Portland Road.
Tina Fischer August 18, 2025
Today's Poll
Sponsored by Kennebunk Savings Bank
As hotel construction continues across Portland — with 10 new projects approved before the city imposed a moratorium on new hotel development — developers argue that new hotels bring jobs, tax revenue and visitors.
In June, the city extended the moratorium by six months.
With a growing number of hotel projects underway or proposed, some ask whether the market is saturated. Activists argue that developers should focus on much-needed housing.
Meantime, hotel rates routinely exceed $400 a night in Portland, so there's still apparently demand.
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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