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Banking & Finance
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Camden National 2Q earnings slide on higher costs, rates
Updated: July 26, 2023Second-quarter earnings per diluted share were 2% below the same period last year, as asset quality remained strong.
Updated: July 26, 2023
Education dean at UMF is named a director of Franklin Savings Bank
July 24, 2023Katherine Yardley is dean of Education, Health and Rehabilitation at the University of Maine Farmington. She is also interim co-provost.
July 24, 2023
Applications sought for 2023 LaunchPad contest
Updated: July 18, 2023Applications for this year's edition of the annual business-pitch contest are due by Thursday, Aug. 24.
Updated: July 18, 2023
Giving Notebook: Bank funding for scholarships, nonprofits across Northern New England
Updated: July 17, 2023Bar Harbor Bank & Trust awards scholarships to nine recent high school graduates, while Bangor Savings announces grants for 23 regional nonprofits.
Updated: July 17, 2023
Atlantic FCU makes promotion for retail manager at its Freeport branch
Updated: July 13, 2023Andre Wesner brings more than 15 years of customer service and sales experience to his new role at Atlantic Federal Credit Union.
Updated: July 13, 2023
Incoming Saco & Biddeford Savings board chair brings a range of experience
July 12, 2023In this position, Sue Hadiaris will oversee the board’s strategic direction to ensure that the bank continues to deliver on its mutual mission.
July 12, 2023
For Skowhegan branch manager position, Franklin Savings promotes from within
July 11, 2023Franklin Savings Bank is a community bank founded in 1868 which serves Maine’s western, central, and Downeast regions of Maine from eight locations.
July 11, 2023
Giving Notebook: Dunkin' donations to children's hospitals, Bar Harbor Bank help for cancer patients
Updated: July 7, 2023The Dunkin' Joy in Childhood Foundation recently awarded $49,000 to three Maine hospitals, while Bar Harbor Bank & Trust gave $1,000 to the Beth C. Wright Cancer Resource Center in Ellsworth.
Updated: July 7, 2023Newsworthy people and performances for July 10, 2023
Updated: July 10, 2023A roundup of new hires, promotions and achievements from nonprofits and businesses across Maine.
Updated: July 10, 2023
Evernorth’s $54M affordable housing fund will invest in five projects in Maine
Updated: July 6, 2023The fund will invest in 10 total developments, with five in Maine, two in New Hampshire and three in Vermont, creating 419 affordable apartments. An additional round is planned.
Updated: July 6, 2023
Bangor Savings names new CFO, posts 7.1% jump in assets
Updated: June 30, 2023Bangor Savings Bank has promoted Michael O'Connor to CFO and reported a 7.1% increase in assets for its 2023 fiscal year over a year earlier.
Updated: June 30, 2023
Atlantic FCU names longtime HR staffer 'chief people officer'
June 28, 2023Lucy Ditzel brings 12 years of experience in human resources and training and development to the position.
June 28, 2023
Chase to open Scarborough branch later this year
Updated: June 27, 2023The planned branch, located at 1 Hannaford Dr. (or 205 U.S. Route 1), comes on top of existing branches in Portland, Westbrook, Falmouth and Saco. A planned branch in Yarmouth is also under construction, but Scarborough was added to the mix after
Updated: June 27, 2023
Evergreen Credit Union breaks ground on Scarborough branch
Updated: June 26, 2023Besides its Portland headquarters, Evergreen operates branches in Naples, South Portland and Windham and a commercial banking center in Westbrook. It has assets of $515 million, ranking fifth among Maine-based credit unions.
Updated: June 26, 2023
Maine Credit Union League promotes CFO to interim leader
Updated: June 26, 2023After more than six years at the helm of the Maine Credit Union League and its technology affiliate Synergent, Todd Mason is returning to his home state of Michigan.
Updated: June 26, 2023CUSO Home Lending promotes from within for director of training position
June 22, 2023CUSO (Credit Union Service Organization) Home Lending, based in Hampden, is a licensed mortgage company, owned by Maine and New Hampshire credit unions.
June 22, 2023
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