April 17, 2017 EditionEdition

🔒Diversification of Millers’ Wharf breathes new life into Tenants Harbor

Big changes over the past year at the family-owned Millers' Wharf, including diversification with a new co-op and a Luke's restaurant, have the wharf in Tenants Harbor going full speed ahead.

🔒Even in digital age, banks and credit unions still value ‘bricks-and-mortar’

In this digital age, Maine banks and credit unions continue to invest in bricks-and-mortar branches right along with banking technology.

🔒Ask ACE: How can we strengthen our team without engaging in partisan politics?

Q: Our business doesn't take political stands or engage in partisan politics. However, we've noticed an increase...

🔒Balancing the demand for technology and bricks and mortar

Gorham Savings Bank in early April opened its new branch in the historic Grand Trunk building, at...
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🔒How to: Navigate the new minimum wage law

There has been a lot of concern expressed lately about the effect of Maine's new minimum wage...

🔒John Murphy reflects on 25 years as president/CEO of Maine Credit Union League

This June, John Murphy will retire as president and CEO of the Maine Credit Union League and...

🔒Expert witnesses raising tough questions about FairPoint’s $1.5B merger

The proposed $1.5 billion merger of FairPoint Communications Inc. and its Illinois-based suitor, Consolidated Communications Holdings Inc.,...

🔒Two Maine banks ride the merger wave

The current moderate-growth, low-interest rate environment in a historically fragmented sector adds pressure on banks to seek growth and efficiencies through mergers and acquisitions.
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🔒Protecting Maine’s coast: It takes a village

Small family businesses in Maine, especially in fisheries, remain under pressure by larger competitors, older generations wanting...

🔒IN SHORT

New hiresSpruce Point Inn in Boothbay Harbor hired Eric Flynn as executive chef. Flynn was previously food...

🔒Like supermarkets, banks must offer choices

Gorham Savings Bank seems to embody the pace and type of growth banks are seeing recently.It recently...

🔒Next act: New challenges arise as craft brewing industry matures

Millennials still are driving craft beer demand, with a thirst for new flavors and experiential tasting. But there is a slowdown in New England regionally — which, along with distribution, will be one of the challenges going forward for Maine's craft brewers.
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