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In Maine and nationwide, the number of single women buying homes is rising at a fast clip, outpacing their oft better-paid male peers to become financially and residentially independent.
Eight people are employed at the new branch, which cost $1.5 million to build, bringing the company's total to 150 employees and more than 60 locations.
Lori Michaud, the new president and CEO of CUSO Home Lending, has filled the role of interim CEO since September.
Guest columnist Scott McKenzie, a CPA at Baker Newman Noyes, introduces the concept of the "quality of earnings" report, a due diligence step provided by an independent third party.
"Look to diversify" is one piece of advice from experts interviewed by Mainebiz.
Like many professional service industries, the insurance industry has been undergoing expansions and transitions in recent years, with acquisitions, C-suite transitions and new hires.
In the wake of the Silicon Valley Bank collapse, the consensus is that Maine banks are well-capitalized and diversified, with sufficient buffers to prevent the panicked run that unraveled SVB. But the outlook gets murky if the current turmoil
The idea for the Coastal Enterprises Inc. program emerged from a pre-pandemic listening tour in rural Maine, where residents reported a lack of quality child care was affecting their ability to work full time.
The Dirigo Angel Fund II raised $2.03 million for a new round of early-stage investments.
Dick Bibber served for 25 years on the board of trustees of Kennebunk Savings Bank, including as chairman, retiring from the board in 2015. He was also a member of the Kennebunk Board of Selectmen and the town's budget board.
M&T Bank Corp. declared a quarterly cash dividend of $1.30 per share on its common stock, while Katahdin Bankshares Corp. declared a cash dividend of $0.152 per share for the first quarter of 2023.
The executives have nearly 80 years of experience at R.M. Davis, No. 1 on the 2023 Mainebiz Book of Lists for Maine-based registered investment advisors.
For a growing number of older Americans, Maine isn’t just Vacationland — it’s a desirable place to retire. While some come because of family or New England ties, others cite reasons from Maine’s cool climate that’s less prone to extreme weather and
Anyone mulling a move to Maine for retirement should plan accordingly.
The Portland-based company has surpassed consensus estimates four times over the last four quarters.
The two companies are expected to post higher sales and profit for the fourth quarter.