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Newsworthy people and performances for Feb. 5, 2024
Updated: February 5, 2024A roundup of new hires, promotions and achievements at businesses, nonprofits and professional firms in Maine.
Updated: February 5, 2024
Spinnaker Trust finds new principal in its own ranks
Updated: January 30, 2024The Portland-based financial services firm promoted Caitlin DiMillo from the position of senior vice president and client advisor.
Updated: January 30, 2024
University Credit Union converts to community charter, expands to 11 Maine counties
January 22, 2024The financial cooperative, which opened on the University of Maine campus in 1967, had primarily served members of Maine academic institutions since then.
January 22, 2024
South Portland aims to plug $4M budget hole caused by billing error
Updated: January 22, 2024South Portland said it will seek to fix a $4 million budget shortfall that resulted from a billing error without raising taxes for residents.
Updated: January 22, 2024
Synergent, a Westbrook fintech for credit unions, names new president
January 18, 2024Randy Stolp brings over 22 years of credit union experience to his new role.
January 18, 2024
Retirement planning in your 50s: 'It's never too late'
Updated: January 22, 2024Experts say it's never too late to start planning, even as retirement nears.
Updated: January 22, 2024
Strategies to help you take the first step to retirement planning — in your 20s
Updated: January 22, 2024Mainebiz spoke with experts in the finance industry on how to start saving in your 20s. Here are their tips to feeling less overwhelmed as you start to plan for the future.
Updated: January 22, 2024
Filling a gap: Maine launches retirement savings plan for private-sector workers without one
Updated: January 22, 2024The state is rolling out the Maine Retirement Investment Trust, or MERIT, to provide a low-cost, portable retirement savings program to workers without access to a savings program.
Updated: January 22, 2024
Back on the clock: Why some Mainers are choosing to ‘unretire’ and keep working well into their 80s
Updated: January 22, 2024Some older Mainers are choosing to return to the workforce after retirement, aiming to stay active, earn an income and stay socially engaged.
Updated: January 22, 2024
Katahdin Trust parent announces $2M share buyback
Updated: January 10, 2024The Houston-based financial institution, owned by Katahdin Banskshares Corp., has more than $1 billion in assets.
Updated: January 10, 2024
Kennebunk wealth management firm names partner with 'can-do attitude'
Updated: January 11, 2024Charter Oak Capital Management, an investment firm with offices in Kennebunk and Portland, has promoted Emma Bean to partner and senior financial advisor.
Updated: January 11, 2024
Lewiston company turns ownership over to employees, joining dozens of ESOPs in Maine
January 8, 2024Company stock ownership is seen as a way for employees to “benefit from the company’s prosperity.” More than 60 Maine companies are owned as ESOPs.
January 8, 2024
2024 Forecast: Liquidity ‘top of mind’ at Maine credit unions
Updated: January 8, 2024Cris Wescott, interim president and CEO of the Maine Credit Union League, believes the recession fears of a year ago have receded but does not expect significant economic growth in Maine in 2024.
Updated: January 8, 2024
Maine flood victims flock to GoFundMe crowdfunding platform
Updated: December 21, 2023The for-profit platform, which bills itself as an “easy way to raise money” from friends and family, has become a resource for Mainers affected by this week's flooding.
Updated: December 21, 2023
SaviLinx hires former WEX exec as chief financial officer
Updated: December 13, 2023SaviLinx cited Micky Thomas' "ability to drive greater financial rigor, transparency and decision-making support at companies undergoing rapid growth and transformation."
Updated: December 13, 2023
WEX names new chief tech officer; former UnitedHealth exec joins board
Updated: December 12, 2023In his new role, former StitchFitch executive Sachin Dhawan will lead the WEX global technology organization. Aimee Cardwell has joined the WEX board.
Updated: December 12, 2023
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