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Banking & Finance
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Oyster grower takes top spot in Lewiston-Auburn entrepreneur pitch competition
Updated: May 9, 2024Founders of an oyster farm, a producer of goods using lavender buds, and a landscaping firm were recognized for their “spirit of innovation and perseverance.”
Updated: May 9, 2024
Norway Savings’s first NH branch to leverage proximity to mixed-use development
Updated: May 8, 2024The location leverage proximity to a planned 126-acre development of senior and workforce housing, ski condos, restaurants, commercial space and assisted living facilities.
Updated: May 8, 2024
Franklin Savings Bank adds multi-industry professional as HR director
Updated: May 6, 2024Franklin Savings Bank, which operates eight branches in Maine, has hired Michelle Grimnes as vice president and human resources director.
Updated: May 6, 2024
'Prudent risk management' bolsters Camden National earnings
May 2, 2024First-quarter income was improved by releasing $2.1 million that had been set aside for credit losses, the bank said.
May 2, 2024
TD Bank to close two branches in Maine this summer
Updated: May 2, 2024The branches will be permanently shuttered on July 12 as part of TD Bank's plans to 'better align our network' by closing 20 branches across multiple states.
Updated: May 2, 2024
Kennebec Savings expands its central region leadership with new hire
April 30, 2024Kennebec Savings Bank has appointed Michael Pietroski as vice president and retail regional manager for central Maine.
April 30, 2024
Newsworthy people and performances for April 29, 2024
Updated: April 29, 2024A roundup of new hires, promotions and achievements at businesses, nonprofits, professional services firms and health care institutions in Maine.
Updated: April 29, 2024
Maine Credit Union League names new president, the first woman in the role
April 26, 2024Elise Baldacci, deputy chief of staff for Gov. Janet Mills and a niece of former Gov. John Baldacci, will start her new role on June 3.
April 26, 2024
Camden National Bank expands wealth management team
April 26, 2024Camden National Bank has hired Garrett McKnight as executive vice president and managing director of Camden National Wealth Management.
April 26, 2024
Startup starter kit: Central Maine business-pitch contest calendar fills up
April 26, 2024Five organizations in the region are banding together to support local entrepreneurs and encourage innovation through a series of business-pitch contests this spring.
April 26, 2024
Norway Savings Bank renews support of Partners for World Health in Portland
April 24, 2024Norway Savings Bank has renewed its longtime support of Partners for World Health with a donation to the nonprofit.
April 24, 2024
Machias Savings Bank expands leadership team with hiring of former TD Bank exec
Updated: April 24, 2024Machias Savings Bank has named Barbara Durr as senior vice president, government banking relationship manager.
Updated: April 24, 2024
Bangor Savings Bank beefs up its leadership team
April 23, 2024Bangor Savings Bank has appointed four employees to the bank’s leadership committee and promoted two leaders within the organization.
April 23, 2024
Portland industrial software startup HighByte raises $12M
Updated: April 23, 2024The Series A funding round brings the company's total to $16.5 million in equity raised since it was founded in 2018.
Updated: April 23, 2024
Three months before starting gun, TD Beach to Beacon raises $48K for Portland nonprofit
Updated: April 22, 2024This year's race beneficiary is Preble Street Teen Services, a nonprofit shelter in Portland.
Updated: April 22, 2024
Bar Harbor Bankshares to pay higher dividend after Q1 earnings top estimates
Updated: April 22, 2024Despite an uncertain economic environment, the company's first-quarter performance reflects the strength of its balance sheet, according to President and CEO Curtis Simard.
Updated: April 22, 2024
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