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March's new responsibilities include leadership of commercial banking and payments solutions activities in Maine, Vermont, New Hampshire and eastern Massachusetts.
Maine Savings Federal Credit Union has appointed Erin Campbell as senior vice president of finance and accounting.
Kyle Taylor has been named assistant vice president and branch manager at the Presque Isle location.
The bank has appointed Kaleb Davis as branch relationship manager for its location in Brunswick, one of more than 50 branches across Maine, New Hampshire and Vermont.
Reducing paper transactions should be a priority, a Maine banking leader says. With some best practices, the transition to a cashless system can happen smoothly.
Maine hosts a growing number of pitch competitions with cash prizes that can play a vital, just-in-time role for small companies looking to buy that next piece of equipment, pay competitive wages or ramp up marketing.
Maine banks and credit unions — including Saco & Biddeford Savings, the Country Federal Credit Union, M&T Bank, Maine Savings Federal Credit Union and Androscoggin Bank — have seen a slew of significant personnel changes.
Banks and credit unions are spending more to prevent check fraud, which is escalating nationwide even as people write fewer checks.
A checking account seems like a relic of the past, especially with options like automated payments, debit cards and Venmo.
KeyBank has appointed Crystal Beaulieu as the area retail leader for southern Maine.
Androscoggin Bank, based in Lewiston, has appointed Kate Rush as the next executive vice president and chief operating officer.
Giving Tuesday is on Nov. 28, and the end of the year is following close behind: ‘Tis the season for annual appeal letters flooding your inbox, writes guest columnist Renee Smyth of Camden National Bank.
Saco & Biddeford Savings Institution has promoted Bill Kany and Matthew Cyr.
The former chief financial officer of Town & Country, Bob Leger, now serves in a similar role at the second-largest credit union in central Massachusetts.
With the increase in volume of commercial transactions, the amenity is seen as becoming increasingly necessary, particularly in Greater Portland.
The multi-year fund, recently launched by the Skowhegan Savings Foundation, aims to address workforce development needs in Maine communities served by Skowhegan Savings Bank.