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Saco & Biddeford Savings Institution makes management changes
Alexis Wells January 19, 2024Saco & Biddeford Savings, which has seven branches in Maine, has recently completed a series of leadership changes.
Alexis Wells January 19, 2024
Synergent, a Westbrook fintech for credit unions, names new president
Alexis Wells January 18, 2024Randy Stolp brings over 22 years of credit union experience to his new role.
Alexis Wells January 18, 2024
Newsworthy people and performances for Jan. 22, 2024
Updated: January 22, 2024A roundup of new hires, promotions and achievements from businesses, professional services firms, health care providers and nonprofits around Maine.
Updated: January 22, 2024
Strategies to help you take the first step to retirement planning — in your 20s
Alexis Wells Updated: January 22, 2024Mainebiz spoke with experts in the finance industry on how to start saving in your 20s. Here are their tips to feeling less overwhelmed as you start to plan for the future.
Alexis Wells Updated: January 22, 2024
Maine is starting 2024 in 'good shape,' state economist says
Renee Cordes Updated: January 18, 2024“2023 ended on solid footing," Amanda Rector said at a Mainebiz forum on Wednesday. She cited the state's growing diversity as a sign of "new thoughts, new innovations coming into the workplace."
Renee Cordes Updated: January 18, 2024
From med tech to skin care: Top Gun names 41 startups to 2024 lineup
Renee Cordes Updated: January 16, 2024Program director Laurie Johnson said this is the first year that female entrepreneurs will outnumber their male participants in the business accelerator program.
Renee Cordes Updated: January 16, 2024
Waldoboro eel grower American Unagi receives $1.5M investment
Laurie Schreiber Updated: January 10, 2024American Unagi’s recirculating aquaculture systems facility is the first in the U.S. to grow Maine eels to market size.
Laurie Schreiber Updated: January 10, 2024
Katahdin Trust parent announces $2M share buyback
Renee Cordes Updated: January 10, 2024The Houston-based financial institution, owned by Katahdin Banskshares Corp., has more than $1 billion in assets.
Renee Cordes Updated: January 10, 2024
Bangor Savings CEO: Interest rates expected to 'normalize,' and other 2024 predictions
Peter Van Allen January 8, 2024After 2023's wild ride for interest rate hikes, Bangor Savings Bank President and CEO Bob Montgomery-Rice expects rates to be more stable this year.
Peter Van Allen January 8, 2024
Lewiston company turns ownership over to employees, joining dozens of ESOPs in Maine
Laurie Schreiber January 8, 2024Company stock ownership is seen as a way for employees to “benefit from the company’s prosperity.” More than 60 Maine companies are owned as ESOPs.
Laurie Schreiber January 8, 2024
How small businesses can navigate a successful digital transformation
Jason Lundy, Bank of America Updated: January 8, 2024A U.S. Bureau of Labor Statistics study showed 57% of Maine businesses reported having no telework arrangements before or early in the pandemic. Businesses continue to adapt to the change, writes guest columnist Jason Lundy, a business banker.
Jason Lundy, Bank of America Updated: January 8, 2024
How to find and work with a lender for ESOP financing
Jay Hood, Machias Savings Bank Updated: January 5, 2024Studies show ESOP participants have higher retirement account savings than non-ESOP counterparts and also have better job security, writes guest columnist Jay Hood, chief lending officer at Machias Savings Bank.
Jay Hood, Machias Savings Bank Updated: January 5, 2024
2024 Forecast: Liquidity ‘top of mind’ at Maine credit unions
Renee Cordes Updated: January 8, 2024Cris Wescott, interim president and CEO of the Maine Credit Union League, believes the recession fears of a year ago have receded but does not expect significant economic growth in Maine in 2024.
Renee Cordes Updated: January 8, 2024
Newsworthy people and performances for Jan. 8, 2024
Updated: January 8, 2024New hires, promotions and achievements at Maine businesses, nonprofits and health care organizations.
Updated: January 8, 2024
Bar Harbor Bank names relationship manager for Rockland branch
Alexis Wells January 3, 2024Bar Harbor Bank & Trust has appointed Hazel Young as assistant vice president and branch relationship manager for the bank’s location in Rockland.
Alexis Wells January 3, 2024
Norway Savings Bank adds trust officer to asset management group
Alexis Wells January 2, 2024Rachael Billings has been named as a vice president and senior trust officer of its asset management group.
Alexis Wells January 2, 2024
Today's Poll
Sponsored by Kennebunk Savings Bank
For many, Thanksgiving means gathering with family and friends. It can also mean travel headaches.
AAA predicts a record 81.8 million people will travel at least 50 miles from home between Tuesday, Nov. 25, and Monday, Dec. 1.
Of those travelers, 73 million will go by car — up 1.3 million from a year ago.
With the federal shutdown resolved, air travel is expected to be back at normal levels — although, in this case, it will mean normal Thanksgiving levels. AAA predicts that 6 million people will travel by air, a 2% increase. (Last year, Portland International Jetport broke its Thanksgiving travel record, with 64,348 travelers, up from 54,636 in 2023.)
Another 2.5 million people will travel by bus, train or cruise ship.
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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