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A $133,333 grant from the KeyBank Foundation will support creating and expanding access to safe, clean, affordable housing for seniors, enhanced resident services and improving existing Avesta properties.
New Opportunity Zone rules issued April 17 by the U.S. Department of Treasury make the tax credit program aimed at increasing development in underserved areas more accessible for investors and communities that want to set up funds, said Brien Walton
For the fourth time in five years, Bangor Savings Bank has received the highest score among qualifying retail banks in the New England region in the J.D. Power 2019 Retail Banking Satisfaction Study.
Two weeks after Bank of America announced it will raise its minimum wage to $20 an hour by 2021, its top executive in Maine is reporting a bump in applications for call-center jobs.
Maine has a flourishing support network for start-up and early-stage companies that’s rooted in the organic growth of industry clusters like aquaculture, electronic commerce, food and beverage, and financial technology.
Banks doing business in Maine in 1994 could be divided much the way they are now — the banks based in Maine and out-of-state banks with a large presence here. Many of the Maine-based banks are still around, if bigger, now. There have been some
Portland-based Tilson will be in a stronger position to offer its national client base a wider range of products, from 5G rollouts to cutting-edge “internet of things” technology services — thanks to a recent investment of $100 million.
Hannaford Supermarkets and Infinity Federal Credit Union will be recognized for their work with Maine’s immigrant communities by ProsperityME: The Center for Financial Education.
Maine bank chiefs are backing a proposed federal measure that would allow legal marijuana and related businesses to access banking services, easing banks’ concerns about legal risk.
Advancements in digital payment and use of data to give clients better service are the next frontier for Maine’s credit unions, according to the industry’s chief representative in the state.
The Maine Justice Foundation said Sanford-based SIS Bank has signed on as a prime partner in a program to fund six providers of legal aid in the state.
Biddeford Savings and Mechanics Savings announced today that have filed a merger application with regulators to operate under a single charter as Maine Community Bank. The two banks will maintain their respective brand identities, as well as local
An iconic theater built in 1932 and located in downtown Bar Harbor has received grant funding to continue an upgrade that began in 2014.
An aquaculture company using innovation to farm oysters in Maine is among the winners of the 2019 UMaine Business Challenge presented by Business Lending Solutions this past weekend at the University of Maine in Orono.
Maine Credit Union League President and CEO Todd Mason joins a delegation of U.S. credit union industry representatives in Australia this week to study how financial cooperatives in that country are growing membership in an increasingly competitive
Less than a year after Maine designated 32 areas as Opportunity Zones, GenX Capital Partners of Miami has closed on financing for the redevelopment of 333 Water St. in downtown Augusta.
Sales of electric vehicles rose by 25% last year, with 17 million sold worldwide, according to the International Energy Agency's recent "Global EV Outlook." The trend is led by China, where half of the new cars sold were EVs.
In the U.S., sales of EVs increased by 10% last year, but that was off the pace of 2023, when a 40% gain was recorded.
The report noted a plateauing of sales in Europe, where some countries are rolling back incentives offered to EV buyers.
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.
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.
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