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Banking & Finance

  • SBA and MTI host event on federal grant funding for Maine small businesses

    Staff August 21, 2018

    The U.S. Small Business Administration and the Maine Technology Institute will host an event in Portland on Friday that will give Maine small businesses a chance to meet program managers and senior staff of federal agencies that provide grant

    Staff August 21, 2018
  • Franklin Savings launches $150K donation campaign for local nonprofits

    Staff August 21, 2018

    Franklin Savings Bank is celebrating its 150th anniversary by setting up a fund that will make donations to nonprofits in its coverage area.

    Staff August 21, 2018
  • CEI gets 4-star Aeris rating for its fund management, community impact

    Staff August 15, 2018

    Aeris, the independent rating and information service for community investment funds, has given strong ratings to Coastal Enterprises Inc. for its fund management and the social impact of its community investments.

    Staff August 15, 2018
  • KeyBank promotes Kelley to Maine market president

    Staff August 6, 2018

    Less than two months after the death of Sterling Kozlowski, KeyBank's Maine market president, the bank has named his successor.

    Staff August 6, 2018
  • Bangor Savings opens first of new waterfront buildings

    August 2, 2018

    Bangor Saving Bank opened the first building at its new waterfront headquarters.

    August 2, 2018
  • SBA's regional director touts programs to boost rural Maine

    James McCarthy August 1, 2018

    SBA's regional New England Administrator Wendell Davis drove up from Boston last week to see what Our Katahdin was up to at the shuttered Great Northern Paper mill site in Millinocket. He toured the mill site and then sat down with representatives

    James McCarthy August 1, 2018
  • Kelley steps up to become KeyBank’s Maine market president

    Staff July 31, 2018

    KeyBank announced Monday that Raymond T. (Chip) Kelley has been named its Maine market president, in addition to his current role as commercial sales leader for Maine, New Hampshire, and eastern Massachusetts.

    Staff July 31, 2018
  • Jeanne Hulit picked to lead Maine Community Bancorp

    Staff July 30, 2018

    Jeanne Hulit, who served as acting administrator of the U.S. Small Business Administration under President Obama, will take the reins of Maine Community Bancorp in October as its single president and CEO.

    Staff July 30, 2018
  • Former Paris elementary school to be turned into senior affordable housing

    July 27, 2018

    Norway Saving Bank has donated $20,000 towards a $3.1 million Avesta Housing initiative to turn a former school in downtown Paris into affordable housing.

    July 27, 2018
  • Bar Harbor Bankshares boosts commercial loans in second quarter

    Staff July 23, 2018

    Bar Harbor Bankshares (NYSE: BHB), parent company of Bar Harbor Bank & Trust, boosted its commercial loans in the second quarter — reporting its GAAP earnings of $8.5 million were 55 cents per share, compared with $6.6 million, or 42 cents per

    Staff July 23, 2018
  • Androscoggin Bank unveils leadership succession plan

    Renee Cordes July 19, 2018

    Neil Kiely, named Thursday by Androscoggin Bank to succeed Paul Andersen as president and later as CEO, plans to switch gears from internal improvements at the Lewiston-based community bank to enhancing service to clients.

    Renee Cordes July 19, 2018
  • Pitch contest winnings to help North Spore Mushroom Co. scale up its operations

    Staff July 9, 2018

    North Spore Mushroom Co. won $100,000 in the “Greenlight Maine” Season 3 entrepreneurial pitch contest.It's the second of Maine's major pitch contests won by the Westbrook mushroom farm, which sells specialty mushroom growing kits.

    Staff July 9, 2018
  • MedRhythms exceeds $4M goal in Series A financing round

    Staff July 2, 2018

    MedRhythms, a Portland-based company that combines sensors, neuroscience and music to help people recover from neurologic injury or disease, announced Friday it raised $5 million in an oversubscribed Series A Financing round.

    Staff July 2, 2018
  • North Spore Mushroom wins Greenlight Maine finale

    Staff June 27, 2018

    North Spore Mushroom Co., an urban mushroom farm based in Westbrook, won $100,000 in Greenlight Maine's Season 3 entrepreneurial pitch contest, whose finale featured pitches by Forager, North Spore and Zootillity.

    Staff June 27, 2018
  • Maine Credit Union League elects 2018-19 officers

    Staff June 25, 2018

    The Maine Credit Union League's board elected new officers for 2018-19 at the organization's 80th annual meeting and convention in Portland.

    Staff June 25, 2018
  • Weigel, McKim to lead Maine Bankers Assoc.

    Staff June 20, 2018

    At the 125th annual meeting of the Maine Bankers Association in South Casco, member banks elected Patricia Weigel, president and CEO of Norway Savings Bank, to head the association beginning July 1.

    Staff June 20, 2018

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Today's Poll

Do you curb your screen time while on vacation?
Choices
Poll Description

Summer is a great time to disconnect, recharge and spend time outdoors with family and friends.

But with phones, tablets, laptops and iPads always within reach, it's not easy to unplug — even on vacation.

In a recent Mainebiz How To column, Ann Leamon and Nancy Marshall share how entrepreneurs balance ambition with burnout. Marshall and Leamon admit they’ve both felt the exhaustion that sets in when you're trying to meet “impossible deadlines or expectations.”

It’s a reminder that managing screen time isn’t just about discipline — it’s a form of self-care.