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Banking & Finance
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Dan Thornton, M&T Bank's regional president, steps down
Alexis Wells 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.
Alexis Wells May 2, 2023
Maine Community Bank outlines key promotions and a new VP of commercial banking
Alexis Wells Updated: May 3, 2023Maine Community Bank has branches in Auburn, Biddeford, Brunswick, Kennebunk, Lewiston, Scarborough, Waterboro, Westbrook and Windham.
Alexis Wells Updated: May 3, 2023King backs bill to give cannabis firms access to banking services
Alexis Wells 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.
Alexis Wells Updated: May 2, 2023KeyBank will close four Maine branches in June
Alexis Wells May 1, 2023Branches in Freeport, Bath, Rumford and Skowhegan will close on June 2.
Alexis Wells May 1, 2023
Bar Harbor Bank & Trust promotes branch leaders to 'strategic positions'
Alexis Wells 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.
Alexis Wells 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
Alexis Wells April 27, 2023New Branch Manager Rachel Bunker has been with Bangor Savings Bank for two years.
Alexis Wells April 27, 2023
Norway Savings Bank beefs up asset management group
Alexis Wells 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.
Alexis Wells Updated: April 19, 2023
With chief lending officer retiring, Machias Savings looks outside bank for replacement
Alexis Wells April 18, 2023Prior to joining Machias Savings, Jay Hood was senior vice president and regional commercial banking manager at NBT Bank.
Alexis Wells April 18, 2023
M&T Bank 1Q results beat expectations on higher interest income
Renee Cordes 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.
Renee Cordes Updated: April 18, 2023
A home of her own: More women of all income levels are buying homes in Maine and nationwide
Renee Cordes 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.
Renee Cordes Updated: April 17, 2023
Skowhegan Savings opens new Farmington branch
Renee Cordes 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.
Renee Cordes April 10, 2023
Affordable housing for BIPOC communities is the focus of a KeyBank Foundation grant
Laurie Schreiber 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.
Laurie Schreiber April 10, 2023
New CEO of Hampden mortgage lender is familiar face
Renee Cordes Updated: April 11, 2023Lori Michaud, the new president and CEO of CUSO Home Lending, has filled the role of interim CEO since September.
Renee Cordes Updated: April 11, 2023
How to create a financial wellness program for your employees
Kelleen N. Longfellow, KeyBank 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.
Kelleen N. Longfellow, KeyBank April 4, 2023
Machias Savings matches previous gift to MDI Hospital
Renee Cordes April 4, 2023The latest donation comes on top of a $10,000 donation in 2022 to support workforce efforts at the Mount Desert Island health care provider.
Renee Cordes April 4, 2023
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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