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Lewiston-based credit union announces in-house promotion
Alexis Wells February 1, 2023Before this promotion, Shantel Fournier was the mortgage loan originator.
Alexis Wells February 1, 2023
MEREDA economic overview: Inflation, consumer prices should level off
Laurie Schreiber January 27, 2023Inflation will still be a factor this year, but we could see declines in interest rates and the cost of goods, James Marple, managing director and senior economist with TD Bank, said at MEREDA's annual Real Estate Forecast Conference.
Laurie Schreiber January 27, 2023
At Northeast Bank, income flattens but record loan volume drives asset growth
Laurie Schreiber January 26, 2023With additional loans on the books, Northeast Bank said its assets as of Dec. 31, 2022 totaled $2.81 billion, an increase of $1.23 billion, or 77.5%, from June 30, 2022.
Laurie Schreiber January 26, 2023
Army vet hired as Northeast CU's new senior vice president and CIO
Alexis Wells January 25, 2023Ken Lawrence supported special ops in the Army for 15 years. At Northeast, he will implement and lead technology transformations.
Alexis Wells January 25, 2023
New president of Maine's oldest bank is longtime lending leader
Alexis Wells Updated: January 24, 2023Mark Jones, who has been with Saco & Biddeford Savings Institution for almost 40 years, is the new bank president.
Alexis Wells Updated: January 24, 2023Newsworthy people and performances from Jan. 23, 2023
Updated: January 23, 2023New hires, promotions and achievements from businesses throughout Maine.
Updated: January 23, 2023
Spinnaker financial planners promote senior vice president
Alexis Wells January 17, 2023Drew Oestreicher has nearly three decades of experience helping high-net-worth clients develop strategic plans to achieve their financial goals.
Alexis Wells January 17, 2023
Biddeford edible seaweed producer partners with Japanese food manufacturer
Laurie Schreiber January 12, 2023Ocean’s Balance makes a line of seaweed products designed for use as an ingredient in cooking, as a topping, or to be eaten out of the bag. The seaweed farm and food producer based in Biddeford raised a round of financing from investors in Japan,
Laurie Schreiber January 12, 2023
Bangor Savings adds to New Hampshire branch network
Renee Cordes Updated: January 9, 2023The new branch, located in a refurbished former car repair shop at 170 Baker St., is the bank's eighth in the Granite State and 67th overall.
Renee Cordes Updated: January 9, 2023
Recession concerns reflected in national business barometer
Renee Cordes Updated: January 6, 2023Concerns about a looming recession come at a time when businesses are grappling with inflation, according to a JPMorgan Chase report, 2023 Business Leaders Outlook.
Renee Cordes Updated: January 6, 2023
Words of wisdom: Maine business leaders reflect on the 'best advice' they received
Alexis Wells Updated: January 6, 2023Mainebiz asked business leaders about the best career advice they ever received. Some of their answers might inspire or even surprise you.
Alexis Wells Updated: January 6, 2023
2023 Forecast: As rates surge, credit unions see niche in ‘affordable financing options’
Ann Fisher Updated: January 9, 2023Credit unions will continue to hire throughout 2023 at all levels, as well as promote from within, according to Todd Mason, president and CEO of the Maine Credit Union League.
Ann Fisher Updated: January 9, 2023
2023 Forecast: Machias Savings braces for ‘softening’ loan demand
Renee Cordes Updated: January 9, 2023Machias Savings Bank CEO Larry Barker predicts loan demand to soften this year following the rapid rise in interest rates.
Renee Cordes Updated: January 9, 2023
2023 Forecast: Tight housing market and price appreciation likely to continue
Laurie Schreiber Updated: January 9, 2023With rising interest rates and tight inventory, Maine’s residential real estate market is likely to see fewer transactions in 2023 than in the last three years. But mortgage rates might have peaked.
Laurie Schreiber Updated: January 9, 2023Newsworthy people and performances for Jan. 9, 2023
Updated: January 9, 2023A roundup of new hires, promotions and achievements at companies around Maine.
Updated: January 9, 2023
As calendar flips to 2023, indications of economic uncertainty persist
Kenneth J. Entenmann January 3, 2023Guest columnist Kenneth J. Entenmann, chief economist at NBT Wealth Management, says higher interest rates, inflation and the threat of inflation cloud the economic outlook for 2023.
Kenneth J. Entenmann January 3, 2023
Today's Poll
Sponsored by Kennebunk Savings Bank
For many, Thanksgiving means gathering with family and friends. It can also mean travel headaches.
AAA predicts a record 81.8 million people will travel at least 50 miles from home between Tuesday, Nov. 25, and Monday, Dec. 1.
Of those travelers, 73 million will go by car — up 1.3 million from a year ago.
With the federal shutdown resolved, air travel is expected to be back at normal levels — although, in this case, it will mean normal Thanksgiving levels. AAA predicts that 6 million people will travel by air, a 2% increase. (Last year, Portland International Jetport broke its Thanksgiving travel record, with 64,348 travelers, up from 54,636 in 2023.)
Another 2.5 million people will travel by bus, train or cruise ship.
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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