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Banking & Finance
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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
Katahdin Bankshares adds two members to the board
February 6, 2023Benjamin 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.
February 6, 2023
Camden National reports $15.4 million in Q4 earnings, with 11% decline for the year
Updated: February 2, 2023The sharp rise in interest rates in 2022 resulted in a prolonged and steep yield curve, which is anticipated to continue this year.
Updated: February 2, 2023
Credit union notebook: Town & Country food pantry donation, Atlantic scholarships
Updated: February 2, 2023A roundup of credit union giving news from Town and Country FCU and Atlantic FCU.
Updated: February 2, 2023
Lewiston-based credit union announces in-house promotion
February 1, 2023Before this promotion, Shantel Fournier was the mortgage loan originator.
February 1, 2023
MEREDA economic overview: Inflation, consumer prices should level off
January 27, 2023Inflation 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.
January 27, 2023
At Northeast Bank, income flattens but record loan volume drives asset growth
January 26, 2023With 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.
January 26, 2023
Army vet hired as Northeast CU's new senior vice president and CIO
January 25, 2023Ken Lawrence supported special ops in the Army for 15 years. At Northeast, he will implement and lead technology transformations.
January 25, 2023
New president of Maine's oldest bank is longtime lending leader
Updated: January 24, 2023Mark Jones, who has been with Saco & Biddeford Savings Institution for almost 40 years, is the new bank president.
Updated: January 24, 2023Newsworthy people and performances from Jan. 23, 2023
Updated: January 23, 2023New hires, promotions and achievements from businesses throughout Maine.
Updated: January 23, 2023
Spinnaker financial planners promote senior vice president
January 17, 2023Drew Oestreicher has nearly three decades of experience helping high-net-worth clients develop strategic plans to achieve their financial goals.
January 17, 2023
Biddeford edible seaweed producer partners with Japanese food manufacturer
January 12, 2023Ocean’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,
January 12, 2023
Bangor Savings adds to New Hampshire branch network
Updated: January 9, 2023The 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.
Updated: January 9, 2023
Recession concerns reflected in national business barometer
Updated: January 6, 2023Concerns about a looming recession come at a time when businesses are grappling with inflation, according to a JPMorgan Chase report, 2023 Business Leaders Outlook.
Updated: January 6, 2023
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