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Bar Harbor Bankshares reports Q2 earnings up 17% on loan growth
Staff Updated: July 25, 2022Net income for the second quarter was $10.5 million compared to $9 million in the same quarter of 2021. The bank said it delivered loan growth across all product offerings.
Staff Updated: July 25, 2022
How to maintain a personal touch in the digital age
Renée Smyth, Camden National Bank July 22, 2022In an age with Zoom meetings and apps for every occasion, guest columnist Renée Smyth of Camden National Bank offers suggestions about how to reconnect with customers, balancing new but also trusted methods.
Renée Smyth, Camden National Bank July 22, 2022
First National Bank parent company reports record earnings for Q2
Staff July 21, 2022Net income for First Bancorp was up 13.8% over the same three-month period last year. The Damariscotta-based bank holding company now has assets of more than $2.6 billion.
Staff July 21, 2022
Katahdin Bankshares Q2 earnings up 21% over Q1, but down from last year
Renee Cordes Updated: July 20, 2022The Houlton-based company, parent of Katahdin Trust, posted second-quarter earnings of $2.1 million, of 65 cents per common share.
Renee Cordes Updated: July 20, 2022
$250K grant helps LifeFlight of Maine open high-tech simulators for training first responders
Staff July 18, 2022The labs allow LifeFlight to strengthen its clinical education program, which supports internal and external training across Maine.
Staff July 18, 2022
Planned $8.6M Skowhegan River Park project gets first corporate sponsor
Renee Cordes Updated: July 18, 2022Franklin Savings Bank has made a financial pledge to advance the project, which would create a paddling and outdoor recreation area in the downtown river corridor.
Renee Cordes Updated: July 18, 2022
Skowhegan Savings breaks ground on new Farmington branch
Staff Updated: July 15, 2022The location is next to the bank's current leased site. The design focuses on customer service.
Staff Updated: July 15, 2022
Maine credit unions raise $121K to fight hunger
Staff Updated: July 14, 2022Maine Credit Unions' Campaign for Ending Hunger has raised more than $11.3 million since 1990.
Staff Updated: July 14, 2022Evergreen Credit Union expands into four Maine counties
William Hall July 13, 2022Maine's fifth-largest credit union by assets operates in Cumberland and York counties, and now is also offering services in communities northward.
William Hall July 13, 2022
With solar installation, Gorham Savings touts 'carbon neutral' designation
Peter Van Allen July 8, 2022Gorham Savings Bank invested $1.1 million in a solar array that will offset nearly all of its electricity costs at 11 branches and several office locations.
Peter Van Allen July 8, 2022
How to protect your small business from the most common sources of payment fraud
Michelle Curtis, Machias Savings Bank Updated: July 8, 2022Guest columnist Michelle Curtis of Machias Savings Bank offers some common sense ideas about how to protect your small business from payment fraud.
Michelle Curtis, Machias Savings Bank Updated: July 8, 2022
Bank of America makes leadership transition in Maine
Renee Cordes Updated: July 7, 2022A longtime employee succeeds Bill Williamson, who has served as the bank's Maine market president for a decade and will retire next year after more than 40 years with BofA.
Renee Cordes Updated: July 7, 2022
Maine TV series spotlighting diversity in business gears up for Season 2
Renee Cordes Updated: July 6, 2022Season 2 of "Elevating Voices" on Maine Public Television will highlight 10 businesses from a range of sectors contributing to Maine's economic and cultural diversity.
Renee Cordes Updated: July 6, 2022
Moody’s, S&P affirm Maine’s strong credit rating
Staff July 5, 2022Prudent expenditure management, measured approach to budget management, and a “markedly improved” financial position were noted.
Staff July 5, 2022
The art of the pitch: Maine experts offer advice for those who want to swim with sharks
William Hall Updated: June 26, 2022In this Q&A from our new Startup Hub issue, Mainebiz curates advice from the leaders of three businesses on how to succeed in the competitive "shark tanks" of investor pitches and pitch-off contests.
William Hall Updated: June 26, 2022
Capital gains: Entrepreneurs tap everything from personal savings to outside investment
Laurie Schreiber Updated: June 26, 2022A Mainebiz special feature finds that although the state has long been a secondary market for startup capital, there are overlooked resources for growth-minded entrepreneurs and their businesses.
Laurie Schreiber Updated: June 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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