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How to think strategically about philanthropy
Caitlin F. DiMillo, Spinnaker Trust Updated: October 5, 2023Charitable giving is always welcomed, but there are some key strategic steps to address before making a gift, writes Caitlin F. DiMillo, a client advisor at Spinnaker Trust.
Caitlin F. DiMillo, Spinnaker Trust Updated: October 5, 2023
Bangor Savings Bank promotes 3 regional managers
Alexis Wells September 29, 2023Laura Blake, Mike Yerxa and Jake Knight take on more senior roles at Bangor Savings, which is the largest Maine-based bank according to assets.
Alexis Wells September 29, 2023
LaunchPad lineup unveiled for October business-pitch contest
Renee Cordes Updated: September 29, 2023Five finalists will compete onstage for the chance to win a $50,000 grand prize.
Renee Cordes Updated: September 29, 2023
'Reckless' and unnecessary: Looming federal shutdown sparks business concerns in Maine
Renee Cordes Updated: September 29, 2023Business leaders are worried about the impact of a protracted federal shutdown on some sectors and the state's economy as a whole.
Renee Cordes Updated: September 29, 2023
40 Under 40: Andrew Cook is a banker who's focused on more than dollars and cents
Updated: October 2, 2023In addition to his leadership of Mascoma Bank's growing presence in Maine, Andrew Cook devotes himself to volunteer work with the American Heart Association.
Updated: October 2, 2023
Boston Fed chief cites margin pressure as challenge for Maine banks
Renee Cordes Updated: September 25, 2023"You're seeing increased margin pressure related to competition for deposits, and competition from new market entrants," Susan M. Collins told the Maine Bankers Association at its annual meeting.
Renee Cordes Updated: September 25, 2023
Maine's space industry launches a business pitch-off, with more than prize money at stake
Laurie Schreiber September 21, 2023The goal of the competition is to encourage startups developing research, commercial and consumer applications in the fast-growing New Space industry.
Laurie Schreiber September 21, 2023
Kennebunk Savings appoints chief technology officer with extensive IT background
Alexis Wells Updated: September 21, 2023Steven Hughes, a Navy veteran, has a 20-year background in information technology.
Alexis Wells Updated: September 21, 2023
M&T Bank names Maine regional president to succeed Thornton
Peter Van Allen September 14, 2023Phil Cohen, group manager for the commercial real estate teams in Maine and New Hampshire, steps in after the May retirement of Dan Thornton, who was Maine regional president for a decade — including time with People's United Bank, which M&T
Peter Van Allen September 14, 2023
Newsworthy people and performances for Sept. 18, 2023
Updated: September 18, 2023A roundup of new hires, promotion and achievements at companies, health care operations and nonprofits around Maine.
Updated: September 18, 2023
Norway Savings appoints SVP and chief information officer
Alexis Wells Updated: September 13, 2023Andrew Goodwin will oversee the bank’s overall information technology and security management.
Alexis Wells Updated: September 13, 2023
Camden National names next senior VP of information and security
Alexis Wells September 11, 2023Matthew Witten will be responsible for maintaining the bank’s cybersecurity, third-party vendor management, business continuity and disaster recovery planning.
Alexis Wells September 11, 2023
With retirement nearing, Larry Wold reflects on years leading Maine's market-leading bank
Peter Van Allen Updated: September 15, 2023Larry Wold will step down as the Maine market leader for TD Bank, which has the largest share of the state's banking market.
Peter Van Allen Updated: September 15, 2023
Machias Savings names next COO and expands cash management team
Alexis Wells September 8, 2023Machias Savings has $2.3 billion in assets, 300 employees and 15 branches from Portland to Caribou.
Alexis Wells September 8, 2023
NBT Bank names Maine market leader with 'track record of growth'
Alexis Wells September 7, 2023Michael O’Reilly will take over for Kim Twitchell, who served as NBT’s Maine regional president from 2015 until a promotion earlier this year.
Alexis Wells September 7, 2023
Pumpspotting, a Kittery startup, raises another $2.2M to fund growth
Renee Cordes Updated: September 6, 2023The latest funding round brings pumpspotting's fundraising total to $3.35 million. The startup's plans for the $2.2 million include commercial product expansion and a foray into health care.
Renee Cordes Updated: September 6, 2023
Today's Poll
Sponsored by Kennebunk Savings Bank
The days after Thanksgiving are the traditional start of the holiday shopping season. Many shoppers are already setting their sights on the whirlwind of holiday shopping — Black Friday, Small Business Saturday and Cyber Monday.
Major retailers like Walmart, Target, Amazon and Best Buy have already launched early deals, giving shoppers a head start on savings.
A record 186.9 million people plan to shop from midnight on Black Friday through Cyber Monday, according to a consumer survey by the National Retail Federation. The figure is up by more than 3 million total shoppers from last year's record.
The National Retail Federation forecast also calls for holiday spending to surpass $1 trillion for the first time, with sales predicted to grow between 3.7% and 4.2% from 2024.
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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