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Banking & Finance
A mainstay in Rumford branch of Franklin Savings Bank will retire
January 22, 2025Rich Allen plans to retire after over 23 years as the vice president and senior commercial loan officer at Franklin Savings Bank’s Rumford branch.
January 22, 2025
Former TD Bank exec 'unretires' to join Bar Harbor Bank & Trust
January 21, 2025The 38-year banking industry veteran Larry Wold has joined Bar Harbor Bank as senior vice president for commercial lending.
January 21, 2025
Bar Harbor Bank names new relationship manager for Ellsworth branch
January 14, 2025Bar Harbor Bank & Trust has promoted Jacklyn Sinclair to assistant vice president and branch relationship manager at the Ellsworth location.
January 14, 2025
Franklin Savings Bank promotes longtime manager to new role
January 13, 2025Franklin Savings Bank, which operates eight branches in Maine, has promoted Katie Deming to vice president, customer service and branch manager.
January 13, 2025
US growth strong despite housing challenge, economist tells Maine audience
January 9, 2025"All in all, we're starting 2025 in a really good, strong spot," Kenneth J. Entenmann, chief investment officer and chief economist at NBT Wealth Management, told an audience in Portland on Thursday.
January 9, 2025-
Portland-based credit union breaks ground on Lewiston branch
January 9, 2025A new location is in the works for cPort Credit Union at 321 Main St. in Lewiston.
January 9, 2025TD program earmarks $7.2M for nonprofits to address homeownership challenges
Updated: January 10, 2025Proposals should demonstrate a positive impact for disadvantaged populations facing barriers to sustaining ownership of a home.
Updated: January 10, 2025
Maine banking chief sees merger momentum staying strong
Updated: January 13, 2025Jim Roche, president of the Maine Bankers Association, said he expects more banks to seek economies of scale through combinations.
Updated: January 13, 202525 bold predictions for Maine's economy in 2025
Updated: January 13, 2025Mainebiz offers 25 predictions about Maine's economy in 2025.
Updated: January 13, 2025Suburban Boston bank aims to plant a flag in Maine
January 8, 2025Everett, Mass.-based Eagle Bank has notified regulators of plans for a branch in Kennebunk, its first outside the Bay State.
January 8, 2025
Grant program gives Portland businesses $10,000 each to create a new job
January 8, 2025The Portland Development Corp. awarded 10 Portland businesses a total of $100,000 in grant funding from the city's Community Development Block Grant program.
January 8, 2025
Skowhegan Savings continues to reshape C-suite with promotion of chief operating officer
January 7, 2025Skowhegan Savings Bank has promoted Vicki Alward to executive vice president and chief operating officer.
January 7, 2025
After retirement of longtime CFO, Kennebec Savings makes key promotion
January 6, 2025Kennebec Savings Bank has promoted Nicolas Patenaude to senior vice president, chief financial officer and treasurer.
January 6, 2025
Camden National completes acquisition of Granite State peer
January 3, 2025The combined institution has total assets of around $7 billion and 73 branches in Maine and New Hampshire.
January 3, 2025
Kennebec Savings CFO to retire after 41 years in banking
January 3, 2025Debbie Getchell, Kennebec Savings Bank’s senior vice president and chief financial officer, retired on Dec. 31 after a 41-year career in finance.
January 3, 2025
Gorham Savings completes merger with Maine Community Bank
January 2, 2025The enlarged bank, now known as Maine Community Bank, employs more than 370 people, and has branches in Cumberland, Androscoggin and York counties.
January 2, 2025
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