Please do not leave this page until complete. This can take a few moments.
In the wake of the Silicon Valley Bank collapse, the consensus is that Maine banks are well-capitalized and diversified, with sufficient buffers to prevent the panicked run that unraveled SVB. But the outlook gets murky if the current turmoil
Thanks to the fallout from the Silicon Valley Bank failure, Maine bankers are having to answer to financial problems that stemmed out of the tech industry. But Maine bankers say they the state's institutions are on safer ground.
Jason Errington has worked as a mortgage underwriter, assistant branch manager and branch manager.
The Dirigo Angel Fund II raised $2.03 million for a new round of early-stage investments.
Construction on the Atlantic Federal Credit Union branch began in October 2021, but the company faced many challenges due to supply chain issues. “It has been an odyssey, but well worth the effort," said Scott Chretien, president and CEO.
Kate Bellmore will continue in Camden National's talent acquisition department while leading the bank’s DEI efforts.
As markets were rattled Monday by the failure of California's Silicon Valley Bank, Maine's top banking watchdog offered assurances that there's no danger of contagion here.
Stevan Stromsky is a veteran banker hired as the new senior vice president of the community banking development office.
This year's race beneficiaries include the Ecology School in Saco and three other nonprofits.
To mark International Women's Day 2023, Mainebiz asked some female movers and shakers to share advice and wisdom they gained from their mothers.
Auburn's facility is home to the second-largest youth hockey program in the state, six local high schools and special hockey events, including Maine Mariners hockey and the University of Maine's Lady Black Bears.
Amanda Cooley will now oversee marketing, communications and the bank's local philanthropy program.
Deborah Anderson is on the board of the local chamber of commerce and worked as a senior teller and in customer service before moving up the ladder.
Maine has a wide range of resources for startups, but it's not always easy to navigate the system. Here is a start.
While 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.
Grants for up to $15,000 are available for both the Small Business Grant Program and the Downtown Facade Grant Program.
Sponsored by Kennebunk Savings Bank
Over the weekend, thousands of flights were canceled after the new federal restrictions took effect at some of the nation's busiest airports.
The Federal Aviation Administration ordered airlines to cut flights by 4% at 40 major airports and that percentage is scheduled to increase to 10% by Friday. The FAA cited safety concerns and the need to ease the strain on air traffic controllers, who have been working without pay since the federal government shutdown began last month.
Airlines warn that the cutbacks could lead to more delays, fewer available seats and higher fares in the days ahead.
Talks are underway to end the federal shutdown, but the timing of the FAA cutbacks adds uncertainty to the Thanksgiving travel rush, which is just two weeks away.
Last year, more than 20 million passengers took to the skies during Thanksgiving week, driving billions of dollars in spending and making it one of the busiest and most economically significant travel periods of the year, according to the U.S. Travel Association.
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 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
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 moreThe 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 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.
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.
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
This website uses cookies to ensure you get the best experience on our website. Our privacy policy
To ensure the best experience on our website, articles cannot be read without allowing cookies. Please allow cookies to continue reading. Our privacy policy