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Banking & Finance
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Newsworthy people and performances for Oct. 21, 2024
Updated: October 21, 2024A roundup of new hires, promotions and achievements at businesses, nonprofits, professional services firms and health care institutions in Maine.
Updated: October 21, 2024
Bath Savings names vice president, trust officer
Updated: October 16, 2024Bath Savings Trust Co. has hired Jim Goodbody as vice president and trust officer.
Updated: October 16, 2024
Maine Savings FCU names vice president of IT operations
October 15, 2024Raymond Mayhew, who has 23 years of experience at the credit union, will lead all aspects of its tech operations.
October 15, 2024
Bangor Savings puts basketball's Flagg brothers on center court to tout teen debit card
Updated: October 17, 2024Just in time for basketball season, cardboard-cutout likenesses of Ace and Cooper Flagg at Bangor Savings Bank branches will tout pling, a new debit card and app for teens.
Updated: October 17, 2024
University Credit Union adds VP of finance to its team
October 8, 2024Orono-based University Credit Union has hired Mandy Austin as vice president of finance.
October 8, 2024
Maine’s largest credit union, Atlantic FCU, names its next COO
October 7, 2024Atlantic Federal Credit Union, Maine's largest credit union, has promoted Jamie Mawhinney to chief operations officer.
October 7, 2024
Finalists named for 2024 Maine Family Business Awards
October 4, 2024Out of over 500 companies nominated for this year’s Maine Family Business Awards, 25 across the state are in the running for the annual honors.
October 4, 2024
40 Under 40: Venture capitalist David Klein is building business with a purpose
Updated: October 7, 2024Significant professional accomplishment: Earlier in my career I was the founder of a startup. It was the first time I raised venture capital for a company that I built.
Updated: October 7, 2024
40 Under 40: Jack Davies has an eye for financial rigor in his family’s mission-driven business
Updated: October 7, 2024Jack Davies decided against the traditional career path of other finance graduates and instead spent a year teaching English in China.
Updated: October 7, 2024
Maine Savings FCU names vice president of communications
Updated: October 1, 2024Maine Savings Federal Credit Union has promoted Steve Gray to the role of vice president of communications.
Updated: October 1, 2024
Brunswick-based Genesis Fund gets $1.8M for affordable housing, disability services
September 30, 2024The award is the largest Genesis has ever received from Treasury’s CDFI program, and could leverage another $8 million of community investment capital.
September 30, 2024
5 Maine startups vie for $50K prize in LaunchPad business pitch-off
Updated: September 30, 2024The small businesses, from a buckwheat snack brand to the developer of African-language learning app, will compete in next month's competition organized by Gorham Savings Bank.
Updated: September 30, 2024
FAME financing for Maine optics company may help retain, create jobs
September 27, 2024The $1 million loan will help with construction costs at the Portland facility, where operations and equipment are expected to move from a site in Arizona.
September 27, 2024
Mills invites applications for the Governor’s Award for Business Excellence
Updated: September 25, 2024The award highlights important contributions of the business community to Maine's economy, with a focus on innovation, rural revitalization, heritage industry and climate.
Updated: September 25, 2024
$65M in federal funds will expand tax credits for manufacturing growth in Maine, nationwide
September 24, 2024Since 2004, the organization has deployed over $1.11 billion in New Markets Tax Credits financing to over 100 businesses and developments across the country — and in the process, creating or preserving 12,662 jobs.
September 24, 2024
The County FCU names new retail services manager in its northern service area
Updated: September 27, 2024The County Federal Credit Union has promoted Dustin Graham, former Caribou branch manager, to retail services manager of the Northern Region.
Updated: September 27, 2024
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