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Chase adds to growing southern Maine footprint with Westbrook retail branch
Renee Cordes Updated: December 7, 2021Chase's Westbrook location, located at 92 Rock Row, is its second in Maine after Portland.
Renee Cordes Updated: December 7, 2021
Community college system receives $400K from KeyBank to support solar energy jobs
Staff November 30, 2021Workers are needed in electrical positions to support the state’s aggressive renewable energy goals. Electricians are essential for key tasks, such as connecting solar panels to the electrical grid.
Staff November 30, 2021
How to manage a company’s finances during a growth spurt
Francine Cram, Machias Savings Bank Updated: September 30, 2022Rapid growth can require fundamental shifts in the way you do business, and a new approach to financing may be one of those changes. A financial services expert writes about some of the choices to weigh.
Francine Cram, Machias Savings Bank Updated: September 30, 2022
Banking roundup: New branches; a former Sea Dog takes on mortgage lending
Peter Van Allen Updated: November 29, 2021Even as more of us manage personal finances on an app, banks are still investing in brick-and-mortar branches to build relationships.
Peter Van Allen Updated: November 29, 2021
Doing well by doing good: Investors seek returns that are more than financial
Laurie Schreiber Updated: November 29, 2021There's a growing trend among investors who are looking to do good while earning a financial return. Sustainable investing integrates a spectrum of goals defined by the investor’s personal philosophy.
Laurie Schreiber Updated: November 29, 2021
Fighting for equity: How Maine female entrepreneurs are beating the odds to raise capital
Renee Cordes Updated: November 29, 2021Female founders and business owners in a variety of sectors face challenges raising money in the male-dominated venture capital industry.
Renee Cordes Updated: November 29, 2021
MedRhythms adds $2M and new investors to VC funding round
Renee Cordes November 18, 2021The Portland-based digital health startup's new backers are Japan's Global Brain and Bose Ventures, the corporate venture capital arm of Framingham, Mass.-based Bose Corp.
Renee Cordes November 18, 2021
In Lewiston, brewer wins $80K prize, including free rent for a year
Laurie Schreiber November 11, 2021A transit manager and schoolteacher started a home brewery and can now scale up to commercial operation, thanks to a business-attraction contest in Lewiston. The $80,000 prize package includes a year of free rent downtown, plus services.
Laurie Schreiber November 11, 2021
Trial by Zoom: Maine jurists navigate new reality of remote justice
Renee Cordes Updated: November 15, 2021Lawyers and judges in all areas of law have had to adjust to remote proceedings during the pandemic.
Renee Cordes Updated: November 15, 2021Beyond emergency relief, the SBA made loans last year totaling $205M in Maine
Jessica Hall November 1, 2021Over the past year, the Small Business Administration made 417 loans in Maine that weren't through the Paycheck Protection Program or an Economic Injury Disaster Loan.
Jessica Hall November 1, 2021
Camden National reports 27% earnings increase year-to-date
Staff October 26, 2021Camden National Bank reported net income of $52.5 million for the nine months ended Sept. 30, an increase of 27% compared to the same period in 2020. But Q3 net income was down compared with Q3 2020.
Staff October 26, 2021Financial institutions branching out to Ellsworth, Brewer
Renee Cordes October 25, 2021Bangor Federal Credit Union and First National Bank are both adding to their physical footprints with new branches.
Renee Cordes October 25, 2021
Bar Harbor Bankshares beats market estimates on Q3 results
Renee Cordes Updated: October 25, 2021Bar Harbor Bankshares reported $11 million in third-quarter net income and 73 cents in diluted earnings per share, exceeding the consensus estimate of analysts polled by Zacks Investment Research.
Renee Cordes Updated: October 25, 2021
Two Maine banks see earnings rise in Q3, though economy's track poses concerns
Jessica Hall October 21, 2021The parent of Katahdin Trust Co. said third-quarter earnings rose, even as it expressed concern about the industry's potential headwinds. The First Bancorp posted a 27% increase in earnings.
Jessica Hall October 21, 2021Home foreclosures skyrocket nationwide, and especially in Maine
Staff October 15, 2021Now that a moratorium on real estate foreclosures has ended, bank repossessions and other activity are picking up again. Maine ranks high in a recent study of where the increase is greatest.
Staff October 15, 2021
Maine credit union launches cancer screening awareness campaign
Renee Cordes Updated: October 18, 2021The $20,000 ad campaign, currently running on local TV channels and online, promotes the importance of regular mammograms and screenings for other cancer as well.
Renee Cordes Updated: October 18, 2021
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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