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WEX completes $275M acquisition of Illinois-based benefits company
June 1, 2021The deal for benefitexpress was announced in April, and will expand WEX's offerings for handling employee benefits, the company says.
June 1, 2021
Wealth business offers wealth of opportunities
Updated: May 30, 2021For career seekers with a mindset for dollars and cents, banking isn't the only career. In Maine, financial services and wealth management offer a range of roles and opportunity for advancement.
Updated: May 30, 2021
New Mainers land teller jobs, as training program opens doors for immigrants
Updated: May 30, 2021A program launched by a group of Maine financial institutions and Portland Adult Education is now helping immigrants begin careers in finance. For some New Mainers, the opportunity is a long-held dream.
Updated: May 30, 2021
Tech boom: With global reach and mission-driven values, Maine tech makes an impact
Updated: May 30, 2021The state is attracting new types of technology companies, and putting a Maine spin on their products and services. Tech businesses are forming partnerships through the Roux Institute and advancing fields such as finance and animal health.
Updated: May 30, 2021
Breaking into banking: Newcomers hit the ground running in ‘fun,’ fast-paced jobs
Updated: May 30, 2021Fast promotions and unlimited growth opportunities are some of the reasons young professionals are joining Maine banks. "The sky's the limit," says a recent UMaine graduate who's on the way up.
Updated: May 30, 2021
Maine credit unions launch $100K challenge to fight hunger
Updated: May 26, 2021Maine Credit Unions' 2021 Campaign for Ending Hunger includes a $100,000 month-long challenge in June to raise money for Good Shepherd Food Bank, local community food pantries and meal sites across the state.
Updated: May 26, 2021A Massachusetts bank invests $500K in CEI fund
May 19, 2021The investment in Coastal Ventures V LP will provide capital to help business owners in underserved communities deal with workforce challenges.
May 19, 2021
Maine Venture Fund's new director has a solid background in startups
May 18, 2021Joe Powers, who starts as managing director on July 1, has been involved in a range of startups, and was at Tesla Motors when the company introduced its first electric car to the marketplace.
May 18, 2021
Ask ACE: How do I start 'going solo'?
Updated: April 13, 2022A financial coach and guest columnist suggests first steps to take and first considerations to make for a reader who's interested in becoming an entrepreneur.
Updated: April 13, 2022South Portland-based Residential Mortgage Services to be acquired in $200M deal
May 11, 2021Guild Holdings Co., based in San Diego, has signed an agreement to purchase the Maine mortgage lender. The combined company would be the seventh-largest nonbank retail lender in the U.S., according to Guild.
May 11, 2021
Ahead of Mother's Day, 6 Maine execs reflect on motherhood, business leadership
May 7, 2021Ahead of Mother's Day this Sunday, some Maine business executives who are also parents shared their thoughts on lessons from motherhood they apply in their professional lives.
May 7, 2021Bangor Savings, Camden National rank high in recent satisfaction surveys
May 5, 2021Bangor Savings and Camden National, the largest Maine-based banks, ranked high on recent lists from Forbes magazine and J.D. Power Inc.
May 5, 2021
WEX posts 5% drop in Q1 revenue as pandemic 'headwinds' linger
Updated: April 29, 2021First-quarter revenue decreased 5% to $410.8 million from $431.7 million a year earlier, while earnings per diluted share were 1% lower than the same period last year.
Updated: April 29, 2021
On the Record: Portland attorney-entrepreneur Krystal Williams is 'embedding equity'
Updated: May 3, 2021Every entrepreneur needs a community, says the founder of law and business advisory firm Providentia Group. Williams is working to create such a community for entrepreneurs who are Black, Indigenous and people of color.
Updated: May 3, 2021
Ask ACE: Why is a coaching culture important?
Updated: April 21, 2022A contributor from the Association for Consulting Expertise advises a reader about the importance of "coaching" instead of "command and control," and why a coaching culture leads to better business performance.
Updated: April 21, 2022
Camden National posts 46% increase in Q1 net income
April 27, 2021Diluted earnings per share were up 46% over the same period last year at $1.31, exceeding market expectations. Increases in mortgage lending as well as PPP loans boosted results.
April 27, 2021
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