Banking & Finance

🔒 Northeast Bank plans to expand to Bangor early next year

Northeast Bank (Nasdaq: NBN) ranks No. 3 among Maine-based banks, with nearly $4.3 billion in assets, according to the 2026 Mainebiz Book of Lists.

🔒 Follow the money: Four Maine startups discuss the ins and outs of early-stage financing

From self-funded bootstrapping to equity investment and debt, the startup financing journey is nuanced, depending on each founder’s ideas around growth. We checked in with four startups.

Credit union helps fund back-to-school essentials for nearly 600 Maine students

Nearly 600 students in Portland, South Portland, Saco and Scarborough are expected to benefit from four local back-to-school programs supported by Town & Country Credit Union.

🔒 On the Record: Bank of America aims for bigger Maine market share

Mainebiz sat down with Brian King, president of Bank of America Maine, at the bank's sprawling Belfast campus, to find out more about the bank's Maine operations and growth plans.
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🔒 Ancorum Credit Union opens newest branch in Palmyra

The branch is inside a Walmart at 1573 Main St. in Palmyra, in Somerset County.

Eastern Trail bridge named for two longtime credit union volunteers

"The installation of the Connolly-Couture Bridge plaque and a ribbon-cutting ceremony with their families represents a proud and meaningful moment for our credit union," said David Libby, the credit union’s president and CEO.

After 27 years, Maine college savings program surpasses $1B

FAME has administered Maine's NextGen 529 program for 27 years, and the program now holds more than $18 billion nationally. 

🔒 On the Record: Fraud prevention, housing top of mind for new head of Maine bankers group

Mainebiz checked in with the new head of the Maine Bankers Association to find out more about his plans and priorities.
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Maine credit unions raise $100K to help fight hunger

Maine’s food pantries are experiencing record demand, and a new study finds that roughly one in seven Mainers — 203,000 people — are going hungry.

Camden National names executive to lead tech, AI strategy

Josh Nash will oversee the bank's enterprise technology strategy, including infrastructure, cybersecurity, business intelligence, data governance and digital transformation initiatives. 
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