Banking & Finance

New law offers protection from harmful effects of medical debt

The new measure, signed by the governor this week, bars medical debt collectors form placing a lien on a person's home or garnishing their wages.

🔒Acadia Federal Credit Union adds branches in Presque Isle, Brewer

The Fort Kent-based credit union has nine branches across Aroostook, Penobscot, Hancock, Washington and Piscataquis counties.

Maine banks helped foil $46M in fraud in 2025, trade group says

“In our increasingly digital world, face-to-face relationships where bankers are familiar with their customers are becoming increasingly important in the fight against fraud," said Jim Roche, president of the Maine Bankers Association.

WEX aims to help employers cover surging costs of weight-loss drugs

The Portland-based provider of financial technology services said that its solution enables workplaces to carve out GLP-1 courage into a defined-contribution Health Reimbursement Arrangement, or HRA.
ADVERTISEMENT

🔒Portland VC firm sets up shop with ‘healthy’ investment pipeline

Corsair Venture Partners, led by founder and general partner Chris Wolfel, completed a first close of $3.5 million with plans to raise another $25 million by the end of the second quarter.

NBT Bank opens first Maine retail branch, building on commercial business

The Norwich, N.Y.-based bank has had a commercial lending office in Portland for more than a decade, but this will be the first branch for retail depositors. 

🔒On the Record: Benefits provider balances organic growth with acquisitions

Dan Fishbein s the outgoing executive chairman and former president of Sun Life U.S., a provider of employee and government benefits with around 600 employees in Maine and an office on Portland’s East End

🔒Corporate Social Responsibility: Maine businesses aligning purpose with practice

Through corporate social responsibility, companies intentionally develop policies that give back to the community through environmental, ethical, philanthropic and economic initiatives.
ADVERTISEMENT

🔒Androscoggin Bank to close one of its two branches in Lewiston

“Lewiston remains the heart of Androscoggin Bank, and this move reflects our commitment to serving the community more efficiently and sustainably for years to come,” said a spokeswoman.

🔒Newsworthy people and performances from Feb. 9, 2026

A roundup of new hires, promotions and achievements at businesses, nonprofits, health care institutions and professional services firms in Maine.
ADVERTISEMENT

Latest Stories

More Business News
ADVERTISEMENT

Movers & Shakers

More Movers & Shakers | Submit a Mover & Shaker

Economic Development Specialist

City of Bangor
,
Bangor, Maine
$29.14 to $39.12 per hour

Upcoming Events

More Events | Submit an Event