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Bangor Savings to open Boothbay Harbor branch
Staff May 16, 2022The new branch marks Bangor Savings Bank's 59 location in Maine.
Staff May 16, 2022
LaunchPad, Top Gun pitch contest finalists named
Renee Cordes May 13, 2022Tis the season for business-pitch competitions, featuring a combination of familiar and new faces in Maine's startup community.
Renee Cordes May 13, 2022
Lending a hand: New Maine microloan program supports immigrant-owned small businesses
Renee Cordes Updated: May 16, 2022The Indus Fund is a new microloan program for small business owners in Maine’s growing immigrant community.
Renee Cordes Updated: May 16, 2022
Skowhegan Savings Bank reports 'historic' performance in 2021
Staff May 10, 2022Among the results reported were loan originations of $163.1 million, a record high for the 152-year-old mutual savings bank.
Staff May 10, 2022
Insurance firm owned by Maine's largest credit union names its first CEO
William Hall May 4, 2022Atlantic Federal Credit Union became part owner of an insurance agency 20 year ago. Now, as full owner, the credit union has named a longtime executive as president and CEO of the insurance business.
William Hall May 4, 2022
Bangor Savings to expand farther in New Hampshire
Staff May 2, 2022Bangor Savings Bank plans to expand further into New Hampshire with a new branch location in Manchester.
Staff May 2, 2022
Camden National parent reports Q1 earnings uptick, but decrease from a year ago
William Hall April 26, 2022The bank holding company reported that net income rose 2% from the last quarter of 2021. The year-over-year decline was expected, CEO Gregory Dufour said.
William Hall April 26, 2022
FAME will back $5M loan to allow sale of a South Portland trailer company
Jessica Hall April 26, 2022Atlantic Great Dane's president is buying the company, and plans to keep it in Maine, preserving up to 27 jobs.
Jessica Hall April 26, 2022
Brunswick fintech startup raises $2M to fund growth
Renee Cordes Updated: April 26, 2022Circa, led by CEO and co-founder Leslie Hyman, raised the funds from a combination of individual investors, angel investors and venture capital firms.
Renee Cordes Updated: April 26, 2022
$13M investment will fund over two dozen solar-home builds in Wiscasset, with more to come
Laurie Schreiber April 21, 2022The developer and investor see plenty of opportunity along Maine’s midcoast, with housing shortages and rising prices in southern Maine. GenX Capital Partners and its investors are looking to deploy as much as $50 million in the region.
Laurie Schreiber April 21, 2022
First National Bank parent posts 8.8% jump in Q1 earnings
Renee Cordes April 21, 2022Loan growth at the Damariscotta-based parent company of First National Bank was mainly in commercial real estate and construction, as the bank wound down two pandemic-related loan programs.
Renee Cordes April 21, 2022
Maine home foreclosures just soared 23%, rank high in the US — but it could be worse
William Hall Updated: April 22, 2022In addition to growing over the previous quarter, the number of foreclosures in Maine was up 81% from a year ago. They've been rapidly increasing since the end of a federal moratorium last year.
William Hall Updated: April 22, 2022
Earnings for Katahdin Trust holding company down 25% from a year ago
Staff April 20, 2022The drop was anticipated, Katahdin said on Tuesday. Decreases in interest and fee income resulted from reductions in Paycheck Protection Program loans.
Staff April 20, 2022
10 entrepreneurs to pitch their new products at Bangor showcase event
Laurie Schreiber April 19, 2022Next week's event will feature products ranging from ghee to online marketplaces, and offers benefits such as marketing and networking opportunities, organizers of Maine Innovation Nights say.
Laurie Schreiber April 19, 2022
Thomas College students take top honors in international business contest
Renee Cordes April 12, 2022This year's showing extends the Waterville school's winning streak in an annual series of competitions organized by the Society for the Advancement of Management.
Renee Cordes April 12, 2022
As customers switch to apps, banks struggle to maintain customer service edge
Peter Van Allen April 11, 2022A new study by J.D. Power shows that, while nearly half of customers have switched to banking apps, banks are struggling with the "twin forces" of digital transformation and rising inflation.
Peter Van Allen April 11, 2022
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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