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Banking & Finance
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A guide to Maine’s resources for entrepreneurs and startups
Updated: March 5, 2023Maine has a wide range of resources for startups, but it's not always easy to navigate the system. Here is a start.
Updated: March 5, 2023
After $125 million retrofit, TimberHP's Madison mill will produce high-performance insulation
Updated: March 5, 2023While wood fiber insulation is popular in Europe, TimberHP will be the first company to produce it in the United States. The company expects to roll out the first of three planned product lines in April.
Updated: March 5, 2023
Saco establishes grant programs for small businesses and downtown facade improvements
March 3, 2023Grants for up to $15,000 are available for both the Small Business Grant Program and the Downtown Facade Grant Program.
March 3, 2023
Gorham Savings will move LaunchPad event to fall
Updated: March 2, 2023The annual business-pitch contest will take place this year in October rather than in the spring.
Updated: March 2, 2023
$1.6M grant moves workforce transportation forward
Updated: March 2, 2023TimberHP, a building products company in Madison, will build an electric vehicle transportation hub and purchase electric bikes for its employees.
Updated: March 2, 2023
Employee-owned Allen Insurance brings on new hire
February 28, 2023Sam Grinnell's work experience includes almost a decade as a carpenter and home inspector. He will be working out of the company's Camden office.
February 28, 2023
Town & Country FCU launches translation service for non-English speaking customers
February 27, 2023The partnership with Portland-based House of Languages will provide translation services for more than 30 languages and is now available at all Town & Country branches.
February 27, 2023
Bank Notebook: M&T, Katahdin Bankshares to pay higher dividends
February 23, 2023M&T Bank Corp. declared a quarterly cash dividend of $1.30 per share on its common stock, while Katahdin Bankshares Corp. declared a cash dividend of $0.152 per share for the first quarter of 2023.
February 23, 2023
KeyBank hires new senior market relationship manager
February 22, 2023Tom Womersley joins KeyBank after five years with Jefferies, an investment banking firm in New York.
February 22, 2023
How to position your business to thrive in 2023
February 16, 2023Guest columnist Sherwin Parkhurst, a relationship manager at Bank of America, offers three key pieces of advice for business leaders as they tackle 2023.
February 16, 2023Newsworthy people and performances for Feb. 20, 2023
Updated: February 17, 2023A roundup of new hires, promotions and achievements from companies and nonprofits around Maine.
Updated: February 17, 2023
Wealth management firms are growing as they navigate client expectations
Updated: February 20, 2023Wealth management firms are undergoing a transformation, with new hires and promotions, acquisitions and expansion into larger quarters. Factors driving growth include evolving client expectations in a volatile economy.
Updated: February 20, 2023
Biddeford business owner and volunteer named to Saco & Biddeford Savings board
Updated: February 15, 2023Jim Godbout owns and operates Provencher Oil and Jim Godbout Plumbing & Heating in Biddeford. He has also worked to find healthy alternatives and improve opportunities for teens and young adults.
Updated: February 15, 2023
Systems Engineering promotes former WEX, BofA exec to CFO
February 9, 2023Before joining Systems Engineering in 2017, Eric Tennyson was the director of international finance, manager of corporate development and finance manager at WEX.
February 9, 2023
How to prep for a growth meeting with your business banker
February 8, 2023Guest columnist Shawn Leger, who is with Machias Savings Bank, recommends ways to prepare before going into a meeting with your business banker.
February 8, 2023
Norway Savings promotes personnel from within the company
February 7, 2023Norway Savings Bank promotes nine employees in the new year. Each employee brings several years of experience to the position.
February 7, 2023
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