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Here are 10 Mainebiz news and feature articles on Maine bank and credit unions published in 2024.
Maine businesses had their share of rough patches in 2024.
Two retailers with a Maine presence are going out of business.
Camden National expects to complete the $86.6 million all-stock deal for Conway, N.H.-based Northway Bank by Jan. 2.
Bar Harbor Bank & Trust has hired Eliberta Cummings as branch relationship manager at the South China branch.
Katahdin Bankshares Corp. has hired Tom Dwyer as assistant vice president and commercial services officer.
The club earned first place in the value portfolio category at the Quinnipiac Global Asset Management Education Forum, the largest student-run financial conference in the world.
The round of funding from the Federal Home Loan Bank of Boston will go toward the creation or preservation of more than 450 units of affordable rental housing in Maine.
Bradford Paige, the longtime president and CEO of Kennebunk Savings Bank, will retire at the end of the month, but plans to remain active on various boards.
David Cyr announced he would retire at the end of 2025, and will be replaced by Dan Tilton, who is now a VP of sales and customer relations.
Spinnaker Trust, a Portland-based wealth management firm, has promoted three senior team members to principals.
Maine Grains, based in Skowhegan, has secured $700,000 in grants this year to purchase equipment and expand production capacity.
Norway Savings Bank promotes three employees to its senior leadership team.
Bar Harbor Bank & Trust operates more than 50 locations across Maine, New Hampshire and Vermont, and has $4 billion in assets.
Franklin Savings Bank, which operates eight branches in Maine, has promoted Pam Dixon to executive vice president and chief financial officer.
Mainebiz spoke with Maine leaders about today’s banking environment, customer preferences and bank strategy. Here’s what they had to say.
Whether you do business in a city or a smaller community, crime is fact of daily life — and a cost.
Drug-related crime, vandalism and break-ins can affect businesses, as reported in a recent Mainebiz story that cited businesses' concerns about crime in downtown Portland.
But so can less visible threats like cybercrime and identify theft. Reports from the consulting firm Deloitte show that online criminals have a range of techniques, including AI-powered phishing schemes, enhanced malware and blockchain-based criminal activities.
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 MoreWork 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 MoreWhether 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.
Coming June 2025
Learn moreThe 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 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.
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.
Coming June 2025
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