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Banking & Finance
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As calendar flips to 2023, indications of economic uncertainty persist
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.
January 3, 2023
Katahdin Bankshares announces $2M stock buyback
Updated: January 3, 2023Katahdin Bankshares is the parent company of Katahdin Trust Co., which is based in Houlton and has more than $966 million in assets.
Updated: January 3, 2023
Bath Savings elects retired BerryDunn principal to board
Updated: January 3, 2023A Freeport resident, Janice Latulippe recently retired from BerryDunn, having served as a principal and leader of the firm's financial services practice group.
Updated: January 3, 2023
Norway Savings ends year of giving with $100K in surprise donations
December 28, 2022Over the course of 2022, Norway Savings awarded nearly $1.1 million to 358 nonprofits statewide.
December 28, 2022
Year in review: Mainebiz print edition covers in 2022
Updated: December 28, 2022A recap of 2022 Mainebiz cover stories.
Updated: December 28, 2022Maine State Chamber elects JAX executive to lead board
December 27, 2022The Maine State Chamber has yet to name a successor to Dana Connors, who will retire as president of the organization in the coming weeks.
December 27, 2022
Holly-jolly vibes: Slugger's stardom and other uplifting news in 2022
Updated: December 23, 2022Maine recaps 10 pieces of good news in 2022, ranging from the return of the TD Beach to Beacon 10K to a Portland dining spot making the cut for Esquire magazine's list of best new restaurants.
Updated: December 23, 2022
First National parent releases 4Q dividend
December 20, 2022The Damariscotta-based parent of First National Bank will pay a quarterly cash dividend of 34 cents per share on the heels of strong operating results in 2022.
December 20, 2022
Award-winning TD Bank executive to lead New England metro area
December 19, 2022Sheryl McQuade, who joined TD in 2019, was a member of the TD's 2021 Most Powerful Women in Banking Team.
December 19, 2022Portland financial firm announces internal promotions
December 15, 2022Two long-standing research team members receive new titles and responsibilities at HM Payson.
December 15, 2022
Coastal Enterprises distributed $43M to mostly Maine businesses
December 14, 2022CEI partnered with 91 businesses to increase job quality. Goals include supporting the creation of good jobs and expanding diverse business ownership.
December 14, 2022
$200M solar array in Kennebec Co. will generate power for 30,000 homes
December 13, 2022The Three Corners Solar project crosses through Unity Township, Clinton and Benton. Located within CMP’s transmission system, it will produce enough power for 30,000 homes.
December 13, 2022
Lewiston based credit union names new president and CEO
December 12, 2022At Maine Family Federal Credit Union, Dan Clarke takes over for former CEO Rachel Caron, who retired in June.
December 12, 2022Newsworthy people and performances for Dec. 12, 2022
Updated: December 11, 2022A roundup of new hires, promotions and professional achievements from around Maine.
Updated: December 11, 2022
NorState FCU heads into 2023 under new leadership
December 8, 2022Before being appointed as NorState FCU executive vice president and chief operating officer in November 2021, Jeffrey Davenport served as a strategic consultant for CUNA Mutual Group.
December 8, 2022
Developer tackles high interest rates with ‘buydown’
December 6, 2022High interest rates have caused residential sales to come “to a screeching halt,” said Mark McClure, managing partner of GenX Capital Partners, which is “buying down” interest rates for the first two years for the first 10 buyers at the Mark at
December 6, 2022
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