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Op-ed: Labor dysfunction leads to pain in the pocket
Kenneth J. Entenmann, NBT Bank March 31, 2023Guest columnist Ken Entenmann, chief economist at NBT Bank, says experiences of retailers or restaurants curtailing their hours are part of larger issues with a tight labor market. As he says, "the labor market looks more dysfunctional than strong."
Kenneth J. Entenmann, NBT Bank March 31, 2023
Tips for Maine bank depositors worried about turmoil
Renee Cordes Updated: April 3, 2023"Look to diversify" is one piece of advice from experts interviewed by Mainebiz.
Renee Cordes Updated: April 3, 2023
Dirigo Labs' second business pitch competition will feature 11 startups
Renee Cordes Updated: March 31, 2023This year's pitch-off, scheduled for May 4 at the Maine Film Center in downtown Waterville, features 11 startups in the program's second cohort.
Renee Cordes Updated: March 31, 2023
Op-ed: Maine banks remain strong
Blaine Boudreau, Partners Bank, and Jim Roche, Maine Bankers Association March 30, 2023Guest authors Blaine Boudreau and Jim Roche, banking industry officials in Maine, write that "what happened in California and New York is highly unlikely to ever happen here in Maine."
Blaine Boudreau, Partners Bank, and Jim Roche, Maine Bankers Association March 30, 2023Town & Country FCU beefs up leadership team
Alexis Wells Updated: March 31, 2023Town & Country Federal Credit Union, with four southern Maine offices, has added a CFO and a chief innovation officer.
Alexis Wells Updated: March 31, 2023
New hires, promotions and achievements for April 3, 2023
Updated: April 3, 2023A roundup of new hires, promotions and achievements at companies and nonprofits throughout Maine.
Updated: April 3, 2023
Checks and balances: Maine banks, believers in safety first, may face bumpy ride if turmoil escalates
Renee Cordes Updated: April 3, 2023In the wake of the Silicon Valley Bank collapse, the consensus is that Maine banks are well-capitalized and diversified, with sufficient buffers to prevent the panicked run that unraveled SVB. But the outlook gets murky if the current turmoil
Renee Cordes Updated: April 3, 2023Maine’s financial services industry remains strong
Peter Van Allen Updated: April 3, 2023Thanks to the fallout from the Silicon Valley Bank failure, Maine bankers are having to answer to financial problems that stemmed out of the tech industry. But Maine bankers say they the state's institutions are on safer ground.
Peter Van Allen Updated: April 3, 2023
Mortgage veteran joins Kennebunk Savings as Sanford branch manager
Alexis Wells Updated: March 24, 2023Jason Errington has worked as a mortgage underwriter, assistant branch manager and branch manager.
Alexis Wells Updated: March 24, 2023
Maine Angels raise another $2M for early-stage investments
Renee Cordes Updated: March 27, 2023The Dirigo Angel Fund II raised $2.03 million for a new round of early-stage investments.
Renee Cordes Updated: March 27, 2023
Slowed by supply chain issues, Atlantic FCU at last opens Westbrook branch
Alexis Wells March 21, 2023Construction on the Atlantic Federal Credit Union branch began in October 2021, but the company faced many challenges due to supply chain issues. “It has been an odyssey, but well worth the effort," said Scott Chretien, president and CEO.
Alexis Wells March 21, 2023
Camden National Bank promotes from within to fill new DEI position
Alexis Wells Updated: March 15, 2023Kate Bellmore will continue in Camden National's talent acquisition department while leading the bank’s DEI efforts.
Alexis Wells Updated: March 15, 2023
In response to Silicon Valley scare, Maine bank regulator says sector is 'healthy'
Renee Cordes Updated: March 14, 2023As markets were rattled Monday by the failure of California's Silicon Valley Bank, Maine's top banking watchdog offered assurances that there's no danger of contagion here.
Renee Cordes Updated: March 14, 2023
Northeast Bank adds SVP of community banking development
Alexis Wells March 9, 2023Stevan Stromsky is a veteran banker hired as the new senior vice president of the community banking development office.
Alexis Wells March 9, 2023
Maine Marathon names nonprofit beneficiaries for 2023
Renee Cordes Updated: March 9, 2023This year's race beneficiaries include the Ecology School in Saco and three other nonprofits.
Renee Cordes Updated: March 9, 2023
Mom's the word: Maine business dynamos share Women's Day wisdom from their mothers
Renee Cordes Updated: March 8, 2023To mark International Women's Day 2023, Mainebiz asked some female movers and shakers to share advice and wisdom they gained from their mothers.
Renee Cordes Updated: March 8, 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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