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Banking roundup: personnel moves from around the state
Alexis Wells September 6, 2022Norway Savings Bank, Bangor Savings and Camden National all announced significant personnel moves.
Alexis Wells September 6, 2022
'Step back, engage a coach': How to manage startup stress and encourage employee well-being
Renee Cordes September 5, 2022"When we launched Great Diamond Partners, the most significant stress we faced was a result of a difference in perspective," says Steve Tenney, co-founder and CEO of the Portland-based wealth management firm.
Renee Cordes September 5, 2022
Machias Savings plans $100K in grants for Maine nonprofits
Alexis Wells August 30, 2022Every three months, the bank will award five $5,000 grants to nonprofits in a designated area.
Alexis Wells August 30, 2022
Portland tech startup raises $5.3M for product development, expansion
Renee Cordes August 30, 2022RockStep Solutions currently employs 23 people in Portland, with plans to add 20 more positions in the next 12 months.
Renee Cordes August 30, 2022
Katahdin Bankshares raises quarterly dividend
Renee Cordes August 28, 2022The Houlton holding company, parent of Katahdin Trust, will pay a third-quarter dividend that's 10.4% higher than last year.
Renee Cordes August 28, 2022180 Maine tech school students to benefit from loan discharge
Staff August 25, 2022A Consumer Financial Protection Bureau suit in 2014 accused ITT of misrepresentations regarding job placement rates, transfer credits and programmatic accreditation.
Staff August 25, 2022
Portland cybersecurity startup raises another $3.35M to fund growth
Renee Cordes August 23, 2022Defendify, which provides cybersecurity solutions for small businesses, has raised $6.7 million to date in three funding rounds.
Renee Cordes August 23, 2022
On the Record: CEO of startup Tanbark talks about new type of packaging with heritage twist
Renee Cordes Updated: August 22, 2022Melissa LaCasse is the co-founder and CEO of Tanbark Molded Fiber Products, a sustainable packaging startup she runs from a North Yarmouth barn.
Renee Cordes Updated: August 22, 2022
Levant company owner pleads guilty to PPP loan fraud, faces up to 20 years in prison
Staff August 17, 2022Craig C. Franck formerly ran CCF Acoustics LLC and CCF Acoustical Systems and provided false information about the companies when applying for pandemic relief funds.
Staff August 17, 2022
A year after merger, Infinity Credit Union's former CEO takes out-of-state job
William Hall August 11, 2022Elizabeth Hayes, who led Infinity through its 2021 merger with an Illinois credit union, has begun work in a leadership role at a credit union in Massachusetts.
William Hall August 11, 2022
TD Beach to Beacon 10K race makes comeback, raises $70K for Portland charity
Renee Cordes Updated: August 8, 2022The annual Cape Elizabeth running competition took place in person for the first time since 2019, and Mainebiz was on the scene.
Renee Cordes Updated: August 8, 2022CEI Ventures raised record $21.5M for VC fund
Renee Cordes August 3, 2022Investors in CEI Ventures' Good Jobs Fund include a mix of individuals, foundations, community economic development organizations and banks.
Renee Cordes August 3, 2022
KeyBank's Maine market president, Chip Kelley, to retire later this year
Renee Cordes Updated: August 2, 2022Raymond T. "Chip" Kelley plans to retire at the end of November as KeyBank's Maine market president and commercial sales leader, according to a Monday announcement.
Renee Cordes Updated: August 2, 2022
How to create a business plan using 3 key steps
Chris Abbott, Camden National Bank Updated: September 21, 2022Guest columnist Chris Abbott of Camden National Bank offers a three-step process for drawing up a business plan.
Chris Abbott, Camden National Bank Updated: September 21, 2022
How to protect your business from cybercrime
Dave Ackley, Camden National Bank Updated: August 17, 2022Guest columnist Dave Ackley, an IT expert at Camden National Bank, offers businesses some sensible ways to prevent a cyberattack.
Dave Ackley, Camden National Bank Updated: August 17, 2022
Camden National reports Q2 earnings down 11%
Staff July 26, 2022The holding company of Camden National Bank reported that earnings for the second quarter were 11% less than the first-quarter total. A higher provision for credit losses accounted for the fall, the bank said.
Staff July 26, 2022
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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