Skowhegan Savings Bank

Skowhegan Savings opens new Farmington branch

Eight people are employed at the new branch, which cost $1.5 million to build, bringing the company's total to 150 employees and more than 60 locations.

Dirigo Labs’ second business pitch competition will feature 11 startups

This year's pitch-off, scheduled for May 4 at the Maine Film Center in downtown Waterville, features 11 startups in the program's second cohort.

🔒Newsworthy people and performances from Jan. 23, 2023

New hires, promotions and achievements from businesses throughout Maine.

Deck the pitch decks: Christmas tree farm wins inaugural Skowhegan business-pitch contest

Matt Quinn of the Cornville Christmas Tree Company LLC won $5,000 in the inaugural event by Main Street Skowhegan.
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Summer program trains 10 more loggers for Maine’s $600M industry

The Mechanized Logging Operations Program began its sixth certificate class in late June with introductory classes before transitioning this month to active harvesting in the woods northeast of Old Town.

Skowhegan Savings breaks ground on new Farmington branch

The location is next to the bank's current leased site. The design focuses on customer service.

🔒Cannabis businesses and banks are stuck in limbo, but SAFE Act could change that

Federal legislation stalled in Congress, the SAFE Banking Act, would give banks safe haven to provide financial services to cannabis businesses. But is it enough?

12 Maine startups to compete in Dirigo Labs pitch competition

Contestants in the June 21 event include bluShift Aerospace, whose founder Sascha Deri was honored on the Mainebiz Next List in 2021.
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Skowhegan Savings Bank reports ‘historic’ performance in 2021

Among the results reported were loan originations of $163.1 million, a record high for the 152-year-old mutual savings bank.

Nominations open for the 2022 Business Leaders of the Year

Mainebiz has presented the annual awards since 2014. For the 2022 edition, we're looking for leaders who have demonstrated outstanding performance, with a record of accomplishment, socially responsible work and innovation.
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