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In this weekly feature sponsored by Norway Savings Bank, we look back at stories that have appeared in Mainebiz during our first 25 years. The Mainebiz issue of Jan. 24, 2000, shows that the shortage of office space in Portland isn't just a recent
AUGUSTA — MaineHousing has revived a pre-recession program designed to spur developers to build affordable single-family homes.
The Finance Authority of Maine approved financing for two projects last week: a new veterans' residential care facility in Augusta, and a library renovation in Millinocket.
A bill signed into law by Gov. Janet Mills aims to protect borrowers from predatory lending and comes as the level of student debt rises in Maine and elsewhere.
Cleveland-based KeyBank’s 2018 corporate responsibility report shows that its community investments in Maine totaled $95 million over the past two years.
Casco Bay Creamery, a Scarborough-based maker of butter and cream cheese, took the top $50,000 prize at Gorham Savings Bank’s LaunchPad competition.
More than 100 people spilled out of the tent set up at Tuesday's ribbon-cutting for Avesta Housing's latest completed project — the 12-unit restoration of Mildred Fox School in South Paris.
Coastal Enterprises Inc. has created a new loan product to help finance shellfish and sea vegetable growers who, for a variety of reasons, may not be able to access loans from traditional lending sources.
In advance of the upcoming $161.1 million state bond sale, Maine Treasurer Henry Beck launched an initiative on Monday that’s aimed at attracting more investors to the state’s municipal bond offerings. It’s a new corporate-style investor-relations
State Treasurer Henry Back announced today that Moody’s Investors Service and Standard & Poor’s Global Ratings, providers of global credit benchmarks, have affirmed their credit ratings and outlooks on the State of Maine’s general obligation
AUGUSTA — MaineHousing has dropped its base interest rate to 3.625%, down from 3.95%, beginning Saturday, June 1, to encourage more first-time home buyers, the agency said.
Bangor Savings Bank is launching the “Parking for a Cause” program to benefit local nonprofits.
Neuright, a biotech spinoff from the University of Maine, and Sticky Sweet, Portland’s first plant-based ice cream shop, are the winners of the 2019 Top Gun Showcase hosted by the Maine Center for Entrepreneurs on May 23 at the University of
Machias Savings Bank kicked off the Machias Valley Airport Capital Campaign with a commitment of $50,000. The campaign is part of an effort by the town to raise $200,000 to put toward more than $5 million in airport improvements.
Katahdin Trust, a locally owned and managed community bank with 16 full-service branches throughout northern Maine, greater Bangor and the Portland regions, has been selected to participate in Federal Home Loan Bank of Boston’s “Housing Our
David Libby is president and CEO of Town & Country Federal Credit Union, Maine’s largest in terms of members. Today it has 122 employees and $385 million in assets. In this Q. and A. interview he talks about some of the credit union's