Bangor Savings Bank

Bangor Savings and Kennebec Savings banks recently added to their ranks with new hires.

Newcastle-based Singing Pastures plans to use its $25,000 prize money to fund a new website ahead of a rebrand and expansion.

The bank has steadily grown its presence in the Granite State over the past seven years.

A number of Maine-based banks have been expanding into New Hampshire in recent years. The goal is to broaden markets and serve existing New Hampshire customers, while remaining close to the Maine base.

The people who live at Cedar Falls Mobile Home Park were worried that if a developer came in, their community would go away. The cooperative model allowed them to secure financing to buy the land themselves.

Guest columnist Bob Montgomery-Rice, president and CEO of Maine's largest bank, offers some suggestions about how to prepare for shifts in the economy this year.

The combined institution has total assets of around $7 billion and 73 branches in Maine and New Hampshire.

The round of funding from the Federal Home Loan Bank of Boston will go toward the creation or preservation of more than 450 units of affordable rental housing in Maine.

Through the program, Avesta will acquire, restore and sell single-family homes at affordable prices.

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