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Real Estate Insider Notebook: Northeast Bank plans new Auburn branch; Evernorth invests in Belfast
Peter Van Allen Updated: March 14, 2024Auburn-based H.E. Callahan Construction Co. will lead construction on a new banking center for Northeast Bank. The new site still needs regulatory approval, but plans call for at site at 836 Center St. in Auburn.
Peter Van Allen Updated: March 14, 2024
NH-based 'impact investor' is bullish on Maine life sciences, software sectors
Renee Cordes Updated: March 5, 2024Joe Henderson, vice president of Advantage Capital, points to his company's $4 million investment in MedRythms as "a perfect example of a successful life sciences investment with a tangible, positive impact."
Renee Cordes Updated: March 5, 2024
University Credit Union will expand into Kennebec County
Laurie Schreiber Updated: March 4, 2024Plans for the branch come soon after state regulators approved UCU's request to convert to a community charter, opening membership to residents and businesses in 11 Maine counties.
Laurie Schreiber Updated: March 4, 2024
Saco & Biddeford Savings promotes 24-year employee, former teller to branch manager
Alexis Wells Updated: March 4, 2024Saco & Biddeford Savings Institution has appointed Shawn Walton as the market manager of its Saco branch.
Alexis Wells Updated: March 4, 2024
Evernorth closes $8.9M investment for $9.6M Belfast health clinic expansion
Laurie Schreiber March 1, 2024The expanded facility will add 11 full-time positions and grow capacity by 17%. Construction is underway, and the new facility is scheduled to open in April.
Laurie Schreiber March 1, 2024
Newsworthy people and performances for March 4, 2024
Updated: March 4, 2024A roundup of new hires, promotions and achievements from businesses, nonprofits, health care organizations and professional services firms around Maine.
Updated: March 4, 2024
Growing pains: Maine life sciences, biohealth startups hustle to raise capital in a tough environment
Renee Cordes Updated: March 4, 2024Even during good times, early-stage life sciences and biohealth businesses in Maine frequently have to work harder than their peers in bigger markets to woo investors.
Renee Cordes Updated: March 4, 2024
Waterville business accelerator Dirigo Labs looks to develop investment arm
Laurie Schreiber Updated: February 29, 2024The nonprofit is hosting a research fellow to develop an investment model over the coming 30 months. The goal is to grow mid-Maine’s entrepreneurial economy.
Laurie Schreiber Updated: February 29, 2024
$2M in new financing will help Saco manufacturer Tanbark add equipment, grow staff
Laurie Schreiber Updated: February 28, 2024The funds will assist the company finalize its equipment purchases and installation and begin operations for its molded-fiber manufacturing operation.
Laurie Schreiber Updated: February 28, 2024
Maine State Credit Union promotes two to senior leadership roles
Alexis Wells Updated: February 27, 2024Augusta-based Maine State Credit Union has promoted Amanda Crommett to senior vice president and chief organizational development officer and Jason Hilt to senior vice president and chief financial officer.
Alexis Wells Updated: February 27, 2024
Norway Savings expands management team with newly promoted SVP for retail banking
Alexis Wells February 26, 2024Norway Savings Bank has promoted Randy Easler to senior vice president, senior retail banking officer.
Alexis Wells February 26, 2024
Bank dividend roundup: Katahdin Trust parent to pay more, M&T Bank holds steady
Renee Cordes Updated: February 23, 2024Both are financial services providers with operations in Maine.
Renee Cordes Updated: February 23, 2024
Kennebec Savings Bank names chief retail banking officer
Alexis Wells February 22, 2024Kennebec Savings Bank has appointed Aline Taylor as chief retail banking officer and a new member of the bank’s leadership team.
Alexis Wells February 22, 2024
TD Bank names commercial market president for northern New England
Alexis Wells February 21, 2024In a newly expanded role, Don Baker takes over responsibilities in Maine, New Hampshire and Vermont.
Alexis Wells February 21, 2024
Maine credit unions raise record $1.2M to fight hunger
Renee Cordes Updated: February 15, 2024All dollars raised in the annual campaign stay in Maine and go to food banks, pantries, health care programs, schools, colleges and meal sites across the state.
Renee Cordes Updated: February 15, 2024
Androscoggin Bank to close one of its two Auburn branches
Renee Cordes Updated: February 15, 2024'We remain steadfast in our commitment to our retail banking branches, and we do not have any plans to close other locations,' a spokeswoman for the bank told Mainebiz.
Renee Cordes Updated: February 15, 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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