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First-quarter income was improved by releasing $2.1 million that had been set aside for credit losses, the bank said.
The branches will be permanently shuttered on July 12 as part of TD Bank's plans to 'better align our network' by closing 20 branches across multiple states.
Kennebec Savings Bank has appointed Michael Pietroski as vice president and retail regional manager for central Maine.
A roundup of new hires, promotions and achievements at businesses, nonprofits, professional services firms and health care institutions in Maine.
Elise Baldacci, deputy chief of staff for Gov. Janet Mills and a niece of former Gov. John Baldacci, will start her new role on June 3.
Camden National Bank has hired Garrett McKnight as executive vice president and managing director of Camden National Wealth Management.
Five organizations in the region are banding together to support local entrepreneurs and encourage innovation through a series of business-pitch contests this spring.
Norway Savings Bank has renewed its longtime support of Partners for World Health with a donation to the nonprofit.
Machias Savings Bank has named Barbara Durr as senior vice president, government banking relationship manager.
Bangor Savings Bank has appointed four employees to the bank’s leadership committee and promoted two leaders within the organization.
The Series A funding round brings the company's total to $16.5 million in equity raised since it was founded in 2018.
This year's race beneficiary is Preble Street Teen Services, a nonprofit shelter in Portland.
Despite an uncertain economic environment, the company's first-quarter performance reflects the strength of its balance sheet, according to President and CEO Curtis Simard.
CEO Tony McKim said the first quarter was in many ways a continuation of the primary themes and challenges the bank saw throughout 2023.
To give youngsters a head start on saving and managing money, Maine State Credit Union has created a new savings product touted by a smiling green mountain.
Bar Harbor Bank & Trust has appointed Nickol Daigle as a mortgage loan originator.