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Banking & Finance
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Bangor Savings beefs up leadership with promotion of fintech expert
Alexis Wells June 7, 2024Bangor Savings Bank has promoted Ryan Dumond to senior vice president and director of bank fintech partnerships.
Alexis Wells June 7, 2024
Newsworthy people and performances for June 10, 2024
Updated: June 10, 2024A roundup of new hires, promotions and achievements at businesses, nonprofits, health care institutions and professional services firms in Maine.
Updated: June 10, 2024
Spinnaker Trust hires director of portfolio management and trading
Alexis Wells June 6, 2024Spinnaker Trust, a Portland-based wealth management firm, has hired Scott Stefanowicz as director of portfolio management and trading.
Alexis Wells June 6, 2024
In Sanford, Chase plans to turn a former Burger King into a bank branch
Renee Cordes June 6, 2024The proposed branch would be the New York-based banking giant's seventh retail location in Maine and the second in York County.
Renee Cordes June 6, 2024
Bar Harbor Bank & Trust adds seasoned SVP, regional relationship manager to its ranks
Alexis Wells Updated: June 5, 2024Bar Harbor Bank & Trust has hired Christopher Rugullies as senior vice president, regional relationship manager.
Alexis Wells Updated: June 5, 2024
How to navigate today's uncertain business environment
Todd Peacock, Bank of America Updated: June 5, 2024Business owners remain confident in the economy, despite lingering uncertainties, writes guest columnist Todd Peacock of Bank of America. But he offers a few tips for small businesses as they navigate the uncertainty.
Todd Peacock, Bank of America Updated: June 5, 2024
Latest capital round in hand, rocket-maker bluShift looks to start commercial launches in 2025
Laurie Schreiber June 4, 2024The Brunswick startup secured $2.3 million to accelerate the development of small satellite launches, with the goal of scaling operations for commercial launches next year.
Laurie Schreiber June 4, 2024
Norway man sentenced to 2 years in prison for PPP loan fraud
Renee Cordes Updated: June 3, 2024Merton Weed Jr. was also ordered to pay more than $250,000 in restitution for filing fraudulent applications for loans from the federally funded program. He pleaded guilty to the charges last October.
Renee Cordes Updated: June 3, 2024
Kennebunk Savings adds familiar face as chief risk officer
Alexis Wells May 29, 2024Kennebunk Savings hired William Saufley as executive vice president as well as chief risk officer — an encore presentation of sorts for Saufley, who held the latter role from 2008-12.
Alexis Wells May 29, 2024
UNE joins with brewer and distiller guilds to offer industry training
Laurie Schreiber May 29, 2024The craft brewing industry, faced with slower sales, has seen more closures and fewer startup breweries. The University of New England will offer industry-specific training to guide owners through the evolving landscape.
Laurie Schreiber May 29, 2024
Evergreen Credit Union hires VP of 'member experience and engagement'
Alexis Wells Updated: May 24, 2024Portland-based Evergreen Credit Union has hired Amanda Peacock as vice president of member experience and engagement.
Alexis Wells Updated: May 24, 2024
Q2 bank dividend roundup: Katahdin Trust, M&T Bank
Renee Cordes Updated: May 24, 2024Katahdin Bankshares will distribute the same dividend it paid in Q1, while M&T Bank announced a higher payout.
Renee Cordes Updated: May 24, 2024Maine to get another 'lighthouse' this summer
Renee Cordes Updated: May 23, 2024Northeast Credit Union, a New Hampshire institution with roots at the Portsmouth Naval Shipyard in Kittery, plans to adopt a new name this summer.
Renee Cordes Updated: May 23, 2024
Food is the big winner in Top Gun, Tastemakers competitions
Laurie Schreiber Updated: May 23, 2024From oyster growers to a maker of fruit snacks from apple cider remains, food businesses in Maine received cash awards that can play a big role for small companies looking to grow.
Laurie Schreiber Updated: May 23, 2024-
Bangor Savings Bank adds to its wealth management group
Alexis Wells May 22, 2024Bangor Savings Bank has hired Mike Adams as vice president, senior fiduciary officer and counsel for the bank's wealth management group.
Alexis Wells May 22, 2024 
The good, the tough and the needed: 10 insights from Startup Maine Week
Renee Cordes Updated: May 20, 2024The Portland conference, held for the first time since 2019, offered sessions on a range of topics and networking events for budding and wannabe entrepreneurs.
Renee Cordes Updated: May 20, 2024
Today's Poll
Sponsored by: Kennebunk Savings Bank
With the official end of summer this past weekend, we're taking a look back at how the season unfolded.
Back in early August, we asked how the summer tourism season was going — and at the time, the majority of respondents told us it could be better. And remember, the season started very rainy and ended amid a drought.
Now that the season has wrapped up, we're checking in again to see how things ended. Did things improve? Did tourism pick up later in the summer, or did the season fall short of expectations?
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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