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Banking & Finance
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Norway Savings incorporates energy-efficient elements in Naples branch renovation
Updated: May 3, 2023Some banks are closing branches. But Norway Savings has invested in a makeover designed to increase energy efficiency and improve customer experience.
Updated: May 3, 2023
Dan Thornton, M&T Bank's regional president, steps down
May 2, 2023Thornton said he would stay on the Northern Light Health board as the finance committee chair on the investment and strategic planning committees.
May 2, 2023
Maine Community Bank outlines key promotions and a new VP of commercial banking
Updated: May 3, 2023Maine Community Bank has branches in Auburn, Biddeford, Brunswick, Kennebunk, Lewiston, Scarborough, Waterboro, Westbrook and Windham.
Updated: May 3, 2023King backs bill to give cannabis firms access to banking services
Updated: May 2, 2023The SAFE Banking Act would resolve a key logistical and public safety problem for states that have legalized medicinal or recreational cannabis, supporters say.
Updated: May 2, 2023KeyBank will close four Maine branches in June
May 1, 2023Branches in Freeport, Bath, Rumford and Skowhegan will close on June 2.
May 1, 2023
Bar Harbor Bank & Trust promotes branch leaders to 'strategic positions'
April 28, 2023Bar Harbor Bankshares (NYSE American: BHB) is the parent company of its subsidiary, Bar Harbor Bank & Trust. Operating over 50 locations across Maine, New Hampshire and Vermont.
April 28, 2023Newsworthy people and performances for May 1, 2023
Updated: May 1, 2023A roundup of new hires, promotions and achievements at businesses and nonprofits in Maine from the print edition of May 1, 2023.
Updated: May 1, 2023
Bangor Savings opens Bar Harbor branch under new manager
April 27, 2023New Branch Manager Rachel Bunker has been with Bangor Savings Bank for two years.
April 27, 2023
Norway Savings Bank beefs up asset management group
Updated: April 19, 2023Prior to accepting the position at Norway Savings, Douglas Gross was a tax practitioner for a public accounting firm in New Hampshire, earning his CPA license in 2001.
Updated: April 19, 2023
With chief lending officer retiring, Machias Savings looks outside bank for replacement
April 18, 2023Prior to joining Machias Savings, Jay Hood was senior vice president and regional commercial banking manager at NBT Bank.
April 18, 2023
M&T Bank 1Q results beat expectations on higher interest income
Updated: April 18, 2023The Buffalo, N.Y.-based bank said the improvement in net interest income reflected a 33% jump in average earning assets, largely attributable to the acquisition of People's United as well wider lending margins.
Updated: April 18, 2023
A home of her own: More women of all income levels are buying homes in Maine and nationwide
Updated: April 17, 2023In Maine and nationwide, the number of single women buying homes is rising at a fast clip, outpacing their oft better-paid male peers to become financially and residentially independent.
Updated: April 17, 2023
Skowhegan Savings opens new Farmington branch
April 10, 2023Eight people are employed at the new branch, which cost $1.5 million to build, bringing the company's total to 150 employees and more than 60 locations.
April 10, 2023
Affordable housing for BIPOC communities is the focus of a KeyBank Foundation grant
April 10, 2023The Genesis Community Loan Fund in Brunswick will provide free professional assistance on project planning, financing and development. The goal is to create at least 120 new units of affordable housing.
April 10, 2023
New CEO of Hampden mortgage lender is familiar face
Updated: April 11, 2023Lori Michaud, the new president and CEO of CUSO Home Lending, has filled the role of interim CEO since September.
Updated: April 11, 2023
How to create a financial wellness program for your employees
April 4, 2023Guest columnist Kelleen N. Longfellow of KeyBank says company financial wellness programs can help relieve employee stress and prepare them for what's ahead. She offers several steps for companies looking to offer financial wellness programs.
April 4, 2023
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