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Banking & Finance
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Even in digital age, banks and credit unions still value 'bricks-and-mortar'
April 17, 2017In this digital age, Maine banks and credit unions continue to invest in bricks-and-mortar branches right along with banking technology.
April 17, 2017
Two Maine banks ride the merger wave
April 17, 2017The current moderate-growth, low-interest rate environment in a historically fragmented sector adds pressure on banks to seek growth and efficiencies through mergers and acquisitions.
April 17, 2017
Balancing the demand for technology and bricks and mortar
April 17, 2017Gorham Savings Bank in early April opened its new branch in the historic Grand Trunk building, at 1 India St. in Portland. The bank purchased the building's first floor just over a decade ago, and the second and third floor two years ago.
April 17, 2017
John Murphy reflects on 25 years as president/CEO of Maine Credit Union League
April 17, 2017This June, John Murphy will retire as president and CEO of the Maine Credit Union League and its Synergent service subsidiary, a post he has held since July 1, 1992.
April 17, 2017FAME approves $45 million tax-free finance deal for Hampden plant
April 13, 2017The Finance Authority of Maine approved $45 million in tax-free debt financing for a new waste-to-energy plant under construction in Hampden.
April 13, 2017
Venture capital starts cautious rebound; Maine dormant in Q1
April 12, 2017After finishing last year on a down note, the nation's venture capital market is beginning a slow rebound, with 1,104 deals worth $13.9 billion in the first quarter of this year.
April 12, 2017Androscoggin Bank foundation issues grants to help at-risk kids
April 10, 2017Androscoggin Bank's MainStreet Foundation awarded $10,000 to four nonprofit organizations helping at-risk kids in Maine be safe, healthy, active, happy, educated and nourished.
April 10, 2017Maine credit unions' membership and assets surging
April 5, 2017Maine's 58 credit unions continued to surge in 2016 in all growth categories, led by an increase of nearly 20,000 new members in the past year, to bring the total to 685,926 members.
April 5, 2017
On the record: CEI Ventures pursues socially responsible investments
April 3, 2017Nathaniel Henshaw, president and managing director of CEI Ventures Inc., looks to invest in companies with a social mission, those that are environmentally conscious or that have a good percentage of lower income jobs.
April 3, 2017
Here's what's driving CEI's strategic plan: 'Our economy has to work for everyone'
April 3, 2017A year after its visionary founder, CEO and President Ron Phillips stepped down, CEI's new management set a strategic plan to focus the entire organization on quality jobs, a sustainable environment and shared prosperity for all Mainers, and help
April 3, 2017
Androscoggin Bank launches online business-lending tool
March 29, 2017Androscoggin Bank aims to beat online-only lenders at their own game through a new business-lending platform that went live in January.
March 29, 2017
Maine's oldest bank comes to Portland's Old Port
March 27, 2017Saco & Biddeford Savings Institution opened its first branch in Portland on Monday, hanging its shingle in the Old Port as it nears its 190th anniversary.
March 27, 2017
Maine SBA has new statewide director, new manager in Portland
March 22, 2017Amy Bassett, the new director of the Maine District Office of the U.S. Small Business Administration, announced the appointment of Brad Currie as senior area manager of the SBA's Portland office.
March 22, 2017
How To: Diversify your investment portfolio
March 20, 2017Many of us today can expect to live many years in retirement.
March 20, 2017
Tax headache or good deed? New 3% surcharge raises fears of exodus out-of-state
March 20, 2017For years, working professionals with mobile careers and retirees with the financial resources to relocate have fled Maine for friendlier environs like Florida, which has no income or estate tax.
March 20, 2017U.S. Department of Labor extends fiduciary rule implementation date
March 20, 2017The U.S. Department of Labor is proposing an extension of the applicability dates of the fiduciary rule and related exemptions implemented by the Obama administration, including the “best interest contract exemption,” from April 10 to June 9.
March 20, 2017
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