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Banking & Finance
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With a foothold on the commercial lending side, Mascoma Bank plans first retail branch in Maine
Updated: August 25, 2023The retail branch would be the first in Maine for Mascoma, which is headquartered in New Hampshire.
Updated: August 25, 2023
Maine Family FCU appoints CFO with extensive credit union experience
Updated: August 24, 2023Andrew McGeorge comes to the credit union from one in New Hampshire.
Updated: August 24, 2023
Camden National Bank CEO will retire in December, successor named
August 22, 2023After a 22-year career at the bank, Greg Dufour will retire Dec. 31. A top executive from Boston-based Citizens Bank has been tapped to succeed him.
August 22, 2023
Skowhegan Savings Bank finds a chief marketing officer within its own ranks
Updated: August 25, 2023Andrew Fortin-Trimble joined Skowhegan Savings in 2020 as vice president and director of marketing to lead strategy and execution.
Updated: August 25, 2023
University Credit Union names community engagement manager for central Maine
August 21, 2023Seth Poplaski will cover central Maine alongside community engagement managers Jenn Deschene in Presque Isle and Lesley Ridge in Portland.
August 21, 2023
KeyBank names business banking relationship manager from within its own ranks
Updated: August 18, 2023Alina Dubois joined KeyBank in 2015 as a teller and was promoted to personal banker seven months later. She became a branch manager in 2017 and was promoted to area retail leader in 2021.
Updated: August 18, 2023
Maine and Colorado enter first-in-nation partnership for automatic retirement savings
August 17, 2023The first retirement savings partnership in the U.S. is expected to soon provide Maine employers with a free automatic retirement savings program for their employees.
August 17, 2023
Federal regulator voices confidence in Maine credit unions
Updated: August 17, 2023Rodney Hood, past chairman and current board member of the National Credit Union Administration, was in Maine this week to meet with representatives of several institutions and the Maine Credit Union League.
Updated: August 17, 2023
Hampden credit union buys historic church for training and community space
August 15, 2023The church, built in 1835, is on the National Register of Historic Places. The credit union will repurpose spaces for professional use, with community space also available.
August 15, 2023
Franklin Savings Bank appoints vice president and commercial loan officer
August 14, 2023Meg Loubier will primarily serve the commercial lending needs of customers in Somerset and Kennebec counties.
August 14, 2023
Rock Row investor puts $86M more into the project
August 9, 2023A Dallas firm that invested in the sprawling mixed-use development four years ago has purchased tax-exempt bonds issued by the Finance Authority of Maine.
August 9, 2023Newsworthy people and performances for Aug. 7, 2023
Updated: August 7, 2023A roundup of new hires, promotions and achievements from businesses and nonprofits around Maine.
Updated: August 7, 2023
Recession worries wane in JPMorgan Chase barometer
Updated: July 31, 2023Out of 625 executives polled between June 14 and July 5 for the bank's mid-year outlook, 45% anticipate a recession this year or believe the economy is already in one, down from 65% six months ago.
Updated: July 31, 2023
Waterville-based KFS hires director of mortgage production
July 27, 2023Sabrina Johnson will be responsible for expanding product options and leading the underwriting and production team.
July 27, 2023
Norway Savings promotes from within for trust associate position
Updated: July 27, 2023Kimberly Bean, who has 27 years of customer service experience, will be responsible for assisting clients by opening accounts, making transfers and responding to inquiries. She will also prepare reports to support the asset management group team.
Updated: July 27, 2023
How Maine stacks up in terms of credit card debt
July 25, 2023Maine was No. 26 on WalletHub's list of "2023's States with the Highest & Lowest Credit-Card Debts."
July 25, 2023
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