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Gorham Savings completes merger with Maine Community Bank
Renee Cordes January 2, 2025The enlarged bank, now known as Maine Community Bank, employs more than 370 people, and has branches in Cumberland, Androscoggin and York counties.
Renee Cordes January 2, 2025
Bank of America names Tedford Housing as Neighborhood Champion
Laurie Schreiber Updated: January 6, 2025Tedford was awarded a $50,000 grant over two years, leadership training for the executive director, access to technical coaching and a network of nonprofit peers.
Laurie Schreiber Updated: January 6, 2025
Maine M&A momentum in 2024 spanned industries from manufacturing to financial services
Renee Cordes Updated: December 31, 2024Some Maine companies bulked up through acquisitions, while others were targets for buyers.
Renee Cordes Updated: December 31, 2024
From mergers to mascots, this was a busy year for Maine banks and credit unions
Renee Cordes Updated: December 24, 2024Here are 10 Mainebiz news and feature articles on Maine bank and credit unions published in 2024.
Renee Cordes Updated: December 24, 2024
Bah, humbug: Layoffs, closings and other 'hard' news in 2024
Renee Cordes Updated: December 27, 2024Maine businesses had their share of rough patches in 2024.
Renee Cordes Updated: December 27, 2024Two national retailers with a Maine presence are going out of business
Alexis Wells December 23, 2024Two retailers with a Maine presence are going out of business.
Alexis Wells December 23, 2024
Camden National gets green light from regulators for Granite State acquisition
Renee Cordes Updated: December 26, 2024Camden National expects to complete the $86.6 million all-stock deal for Conway, N.H.-based Northway Bank by Jan. 2.
Renee Cordes Updated: December 26, 2024
Bar Harbor Bank names relationship manager for a Kennebec County branch
Alexis Wells Updated: December 23, 2024Bar Harbor Bank & Trust has hired Eliberta Cummings as branch relationship manager at the South China branch.
Alexis Wells Updated: December 23, 2024
Katahdin Trust names commercial services officer with retail background
Alexis Wells December 19, 2024Katahdin Bankshares Corp. has hired Tom Dwyer as assistant vice president and commercial services officer.
Alexis Wells December 19, 2024
Show me the money: UMaine business students' investment fund passes $5M
Laurie Schreiber December 18, 2024The club earned first place in the value portfolio category at the Quinnipiac Global Asset Management Education Forum, the largest student-run financial conference in the world.
Laurie Schreiber December 18, 2024
$23M earmarked for affordable housing rentals in Maine
Peter Van Allen Updated: December 19, 2024The round of funding from the Federal Home Loan Bank of Boston will go toward the creation or preservation of more than 450 units of affordable rental housing in Maine.
Peter Van Allen Updated: December 19, 2024
Kennebunk Savings CEO plans to continue board work in retirement
Alexis Wells December 17, 2024Bradford Paige, the longtime president and CEO of Kennebunk Savings Bank, will retire at the end of the month, but plans to remain active on various boards.
Alexis Wells December 17, 2024
President and CEO of Skowhegan Savings to retire at the end of 2025
Alexis Wells December 16, 2024David Cyr announced he would retire at the end of 2025, and will be replaced by Dan Tilton, who is now a VP of sales and customer relations.
Alexis Wells December 16, 2024
Spinnaker Trust promotes 3 senior team members to principal
Alexis Wells December 16, 2024Spinnaker Trust, a Portland-based wealth management firm, has promoted three senior team members to principals.
Alexis Wells December 16, 2024
Maine Grains secures $700k in grants toward planned expansion in Skowhegan
Alexis Wells December 11, 2024Maine Grains, based in Skowhegan, has secured $700,000 in grants this year to purchase equipment and expand production capacity.
Alexis Wells December 11, 2024
Norway Savings Bank promotes three to leadership roles
Alexis Wells Updated: December 12, 2024Norway Savings Bank promotes three employees to its senior leadership team.
Alexis Wells Updated: December 12, 2024
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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