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Brunswick rent-payment startup acquired for $9.5M
Renee Cordes Updated: June 17, 2024Circa has been acquired by Stake, a New York-based financial technology company that offers cash rewards to renters.
Renee Cordes Updated: June 17, 2024
Board leadership is changing at Skowhegan Savings
Alexis Wells June 13, 2024The bank's current board chair, Rick Anzelc, plans to step down and retire after 28 years of service.
Alexis Wells June 13, 2024
Norway Savings names VP of human resources
Alexis Wells June 12, 2024Amy Fox has over 20 years of experience in the financial sector, including work in retail, deposit operations, lending and branch management.
Alexis Wells June 12, 2024
Bar Harbor Bank & Trust hires Camden resident as SVP, director of operations
Alexis Wells June 10, 2024Bar Harbor Bank & Trust has hired David O’Connell as senior vice president, director of operations.
Alexis Wells June 10, 2024
Bangor Savings beefs up leadership with promotion of fintech expert
Alexis Wells June 7, 2024Bangor Savings Bank has promoted Ryan Dumond to senior vice president and director of bank fintech partnerships.
Alexis Wells June 7, 2024
Newsworthy people and performances for June 10, 2024
Updated: June 10, 2024A roundup of new hires, promotions and achievements at businesses, nonprofits, health care institutions and professional services firms in Maine.
Updated: June 10, 2024
Spinnaker Trust hires director of portfolio management and trading
Alexis Wells June 6, 2024Spinnaker Trust, a Portland-based wealth management firm, has hired Scott Stefanowicz as director of portfolio management and trading.
Alexis Wells June 6, 2024
In Sanford, Chase plans to turn a former Burger King into a bank branch
Renee Cordes June 6, 2024The proposed branch would be the New York-based banking giant's seventh retail location in Maine and the second in York County.
Renee Cordes June 6, 2024
Bar Harbor Bank & Trust adds seasoned SVP, regional relationship manager to its ranks
Alexis Wells Updated: June 5, 2024Bar Harbor Bank & Trust has hired Christopher Rugullies as senior vice president, regional relationship manager.
Alexis Wells Updated: June 5, 2024
How to navigate today's uncertain business environment
Todd Peacock, Bank of America Updated: June 5, 2024Business owners remain confident in the economy, despite lingering uncertainties, writes guest columnist Todd Peacock of Bank of America. But he offers a few tips for small businesses as they navigate the uncertainty.
Todd Peacock, Bank of America Updated: June 5, 2024
Latest capital round in hand, rocket-maker bluShift looks to start commercial launches in 2025
Laurie Schreiber June 4, 2024The Brunswick startup secured $2.3 million to accelerate the development of small satellite launches, with the goal of scaling operations for commercial launches next year.
Laurie Schreiber June 4, 2024
Norway man sentenced to 2 years in prison for PPP loan fraud
Renee Cordes Updated: June 3, 2024Merton Weed Jr. was also ordered to pay more than $250,000 in restitution for filing fraudulent applications for loans from the federally funded program. He pleaded guilty to the charges last October.
Renee Cordes Updated: June 3, 2024
Kennebunk Savings adds familiar face as chief risk officer
Alexis Wells May 29, 2024Kennebunk Savings hired William Saufley as executive vice president as well as chief risk officer — an encore presentation of sorts for Saufley, who held the latter role from 2008-12.
Alexis Wells May 29, 2024
UNE joins with brewer and distiller guilds to offer industry training
Laurie Schreiber May 29, 2024The craft brewing industry, faced with slower sales, has seen more closures and fewer startup breweries. The University of New England will offer industry-specific training to guide owners through the evolving landscape.
Laurie Schreiber May 29, 2024
Evergreen Credit Union hires VP of 'member experience and engagement'
Alexis Wells Updated: May 24, 2024Portland-based Evergreen Credit Union has hired Amanda Peacock as vice president of member experience and engagement.
Alexis Wells Updated: May 24, 2024
Q2 bank dividend roundup: Katahdin Trust, M&T Bank
Renee Cordes Updated: May 24, 2024Katahdin Bankshares will distribute the same dividend it paid in Q1, while M&T Bank announced a higher payout.
Renee Cordes Updated: May 24, 2024
Today's Poll
Portland is home to four professional sports teams — the Double-A Portland Sea Dogs, an affiliate of the Boston Red Sox; the G-League's Maine Celtics, an affiliate of the Boston Celtics; the Maine Mariners, an ECHL affiliate of the Boston Bruins; and the Portland Hearts of Pine, which is in USL League One.
In October 2024, the Sports Business Journal named Portland the best U.S. city for minor league sports.
In the past year, Maine's teams have been getting some upgrades.
The Portland Sea Dogs opened a new, state-of-the-art $10 million training facility and clubhouse at Hadlock Field. The Portland Hearts of Pine launched their inaugural season in 2025, playing to consistently sold-out crowds from the very first game and reaching the semifinals in November. And now the Maine Mariners plan to build a new practice rink at the Downs in Scarborough.
The Giving Guide
The Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Learn More
Work for ME
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Learn More
Groundbreaking Maine
Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
Learn more-
The Giving Guide
The Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
-
Work for ME
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
-
Groundbreaking Maine
Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
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