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Benjamin Carlisle is the president of Prentiss & Carlisle, a fourth-generation forest resource and timberland management firm, and Julie Libby is retired from an asset management career spent in NYC.
The sharp rise in interest rates in 2022 resulted in a prolonged and steep yield curve, which is anticipated to continue this year.
A roundup of credit union giving news from Town and Country FCU and Atlantic FCU.
Before this promotion, Shantel Fournier was the mortgage loan originator.
Inflation will still be a factor this year, but we could see declines in interest rates and the cost of goods, James Marple, managing director and senior economist with TD Bank, said at MEREDA's annual Real Estate Forecast Conference.
With additional loans on the books, Northeast Bank said its assets as of Dec. 31, 2022 totaled $2.81 billion, an increase of $1.23 billion, or 77.5%, from June 30, 2022.
Ken Lawrence supported special ops in the Army for 15 years. At Northeast, he will implement and lead technology transformations.
Mark Jones, who has been with Saco & Biddeford Savings Institution for almost 40 years, is the new bank president.
New hires, promotions and achievements from businesses throughout Maine.
Drew Oestreicher has nearly three decades of experience helping high-net-worth clients develop strategic plans to achieve their financial goals.
Ocean’s Balance makes a line of seaweed products designed for use as an ingredient in cooking, as a topping, or to be eaten out of the bag. The seaweed farm and food producer based in Biddeford raised a round of financing from investors in Japan,
The new branch, located in a refurbished former car repair shop at 170 Baker St., is the bank's eighth in the Granite State and 67th overall.
Concerns about a looming recession come at a time when businesses are grappling with inflation, according to a JPMorgan Chase report, 2023 Business Leaders Outlook.
Mainebiz asked business leaders about the best career advice they ever received. Some of their answers might inspire or even surprise you.
Credit unions will continue to hire throughout 2023 at all levels, as well as promote from within, according to Todd Mason, president and CEO of the Maine Credit Union League.
Machias Savings Bank CEO Larry Barker predicts loan demand to soften this year following the rapid rise in interest rates.