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First National Bank parent reports Q2 earnings uptick, though down from last year
William Hall July 26, 2024Damariscotta-based First Bancorp said earnings for the second quarter increased 2.5% and earnings per diluted share were up 2.4%.
William Hall July 26, 2024
TD Bank plans another Maine branch closure this summer
Renee Cordes Updated: July 26, 2024The closure of the branch, in Bangor, follows the shut-down of two others earlier this month.
Renee Cordes Updated: July 26, 2024
Norway Savings Bank names market manager for Brunswick, Topsham
Alexis Wells July 25, 2024Norway Savings Bank has promoted Penny Anderson to assistant vice president and market manager for its two branches in Brunswick and Topsham.
Alexis Wells July 25, 2024
Q2 earnings for Katahdin Bankshares drop 19% from last year
Alexis Wells July 24, 2024Katahdin Bankshares Corp., the Houlton-headquartered parent of Katahdin Trust Co., on Monday reported second-quarter earnings of $2 million or 63 cents per share.
Alexis Wells July 24, 2024
Camden National Bank promotes commercial manager to community reinvestment officer
Alexis Wells July 24, 2024Kim Vieira has been promoted to the position of Community Reinvestment Act officer.
Alexis Wells July 24, 2024
Avesta Housing CEO named to Federal Reserve Bank of Boston advisory group
Peter Van Allen Updated: July 24, 2024Rebecca Hatfield, president and CEO of Portland-based Avesta Housing, has been appointed to a three-year term on the New England Community Development Advisory Council of the Boston Fed.
Peter Van Allen Updated: July 24, 2024
Genesis Fund aims to help developers get access to MaineHousing funding
Laurie Schreiber Updated: July 22, 2024So far, Genesis has responded to over 100 Maine developers and communities interested in learning about the affordable housing development process and funding opportunities.
Laurie Schreiber Updated: July 22, 2024
Boston Fed chief tells Mainebiz: Data will dictate the rate-cut timing
Renee Cordes Updated: July 22, 2024Susan M. Collins talked with Mainebiz as she wrapped up a visit to Biddeford, Bangor and Millinocket for meetings with business leaders and local companies.
Renee Cordes Updated: July 22, 2024
Global tech outage early Friday causes some disruptions in Maine
Renee Cordes July 19, 2024There were delays and cancellations at Portland International Airport and Bangor International Airport. Other disruptions across the state were spotty.
Renee Cordes July 19, 2024
Contestants sought for 2024 LaunchPad business pitch face-off
Renee Cordes Updated: July 19, 2024Five finalists will be selected to compete for a $50,000 grant at a live event on Oct. 22 in Portland.
Renee Cordes Updated: July 19, 2024-
Katahdin Trust launches bonus program to retain employees
Alexis Wells July 17, 2024Katahdin Bankshares Corp., the Houlton-based parent company of Katahdin Trust Co., is taking a proactive approach employee retention, offering up to $6,000 in bonuses for employees that stay put.
Alexis Wells July 17, 2024 
University Credit Union adds community engagement manager to its team
Alexis Wells July 15, 2024Orono-based University Credit Union has hired Lauren Cornelio to its team of community engagement managers.
Alexis Wells July 15, 2024
$61M investor fund will finance 5 Maine affordable housing projects
Laurie Schreiber Updated: July 15, 2024Affordable housing projects are planned for Bath, Belfast, Bangor, Augusta and Lewiston, offering a total of 222 units.
Laurie Schreiber Updated: July 15, 2024
Bar Harbor Bank & Trust hires branch relationship manager for its Bangor locations
Alexis Wells July 12, 2024Bar Harbor Bank & Trust has hired Zackary Haynes as branch relationship manager for the bank’s locations on Union Street and Stillwater Avenue in Bangor.
Alexis Wells July 12, 2024
Atlantic Federal Credit Union names manager for its Sanford branch
Alexis Wells July 9, 2024Atlantic FCU, Maine's largest credit union, has hired Ashlee Goodwin as the new branch manager of its Sanford location at 1516 Main St.
Alexis Wells July 9, 2024
University Credit Union opens Augusta branch
Renee Cordes Updated: July 10, 2024Located at 67 Sewall St., the new branch will be staffed by two full-time employees. A ribbon-cutting ceremony will take place on Tuesday, July 23, at noon.
Renee Cordes Updated: July 10, 2024
Today's Poll
Sponsored by Kennebunk Savings Bank
For many, Thanksgiving means gathering with family and friends. It can also mean travel headaches.
AAA predicts a record 81.8 million people will travel at least 50 miles from home between Tuesday, Nov. 25, and Monday, Dec. 1.
Of those travelers, 73 million will go by car — up 1.3 million from a year ago.
With the federal shutdown resolved, air travel is expected to be back at normal levels — although, in this case, it will mean normal Thanksgiving levels. AAA predicts that 6 million people will travel by air, a 2% increase. (Last year, Portland International Jetport broke its Thanksgiving travel record, with 64,348 travelers, up from 54,636 in 2023.)
Another 2.5 million people will travel by bus, train or cruise ship.
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.
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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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