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Banking & Finance
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Banking: Growth in the forecast at Maine's largest credit union
January 7, 2019Town & Country Federal Credit Union, Maine's largest credit union with 38,800 members as of Nov. 30, is poised for further growth this year.
January 7, 2019
Wealth management: Spinnaker's Rand 'cautious' of financial market headwinds
January 7, 2019As Amanda Rand embarks on her second year as president of Portland-based wealth management firm Spinnaker Trust, she sees headwinds that could put a damper on financial markets.
January 7, 2019
Financial Planning: Stock market worries? Take the long view
January 7, 2019Molly C. Reinfried, a certified financial planner, has been at HM Payson for four and a half years and was recently named chair of the firm's wealth management group.
January 7, 2019New year brings new resolutions for business leaders
January 7, 2019With the new year upon us, Mainebiz asked business and nonprofit leaders about their business resolutions for 2019, including hiring and growth plans. Here in no particular order is our roundup of new year's resolutions:
January 7, 2019
Financial management: Northern Maine financial firm invests in staff and software
January 7, 2019After taking the helm as CEO of Thompson-Hamel LLC in October, Bryan Thompson has big plans for the Presque Isle-based financial firm.
January 7, 2019Banking: An economic downturn could be lurking
January 7, 2019Chip Kelley took over last summer as Maine market president for KeyBank, which has 49 Maine offices and nearly $2.5 billion in deposits. He has broad experience in commercial banking in Maine, at Bank of America and, since 2005, at KeyBank.
January 7, 2019
Gorham Savings Bank President Steve deCastro takes reins as CEO
January 3, 2019Gorham Savings BankPresident Steve deCastro took on the additional role of CEO starting Jan. 1, succeeding Chris Emmons under a two-step transition plan announced last year.
January 3, 2019
MTI reports on record funding year in 2018
December 28, 2018The Maine Technology Institute released its 2018 annual report highlighting a record year of financial support to Maine companies and said it will unveil a new funding approach in March.
December 28, 2018
Three Maine companies fight hunger through partnership with Buoy Local
December 27, 2018Geaghan Brothers Brewing, Gifford's Ice Cream and Governor's Restaurant partnered with Buoy Local, a program of Bangor Savings Bank, to donate a portion of their sales in 2018 to help fight hunger.
December 27, 2018
Norway Savings Banks donates $100K to nine Maine nonprofits
December 20, 2018Norway Savings Bank said it will share $100,000 from a successful year with nine Maine nonprofit groups serving Maine's Oxford, Androscoggin, Cumberland, York and Sagadahoc counties.
December 20, 2018Bangor Savings Bank Foundation awards $215K in grants
December 18, 2018Bangor Savings Bank Foundation recently made $215,450 in grants to 18 nonprofit organizations based in Maine and New Hampshire.
December 18, 2018Jobs training programs at community colleges boosted by Alfond grant
December 12, 2018A $3.6 million grant from the Harold Alfond Foundation will help Maine's seven community colleges expand and strengthen short-term training for those seeking to enter the workforce, as well as workers who want to expand their opportunities.
December 12, 2018Nonprofits share in grants from People’s United Community Foundation
December 12, 2018People's United Community Foundation, the philanthropic arm of People's United Bank, has awarded $58,500 to Maine nonprofits during its third grant cycle of 2018.
December 12, 2018
Credit union league's CEO named to Maine State Chamber's board of directors
December 10, 2018Todd Mason, president and CEO of the Maine Credit Union League, has been appointed to the board of directors of the Maine State Chamber of Commerce.
December 10, 2018
Able to work: Disability is not a handicap at some Maine employers
December 10, 2018From 2012-16, fewer than a third of working-age Mainers with a disability were employed, compared to 80% employment for others, according to the Maine Department of Labor. But a number of Maine employers are countering that trend by offering jobs to
December 10, 2018
Buxton company lands $600K grant to bring seaweed to the bread aisle
November 29, 2018Buxton-based VitaminSea will receive a $600,000 Small Business Innovation Research grant from the U.S. Department of Agriculture to further develop SeaKelp+, a kelp-based additive for bread.
November 29, 2018
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