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Guest columnist Kelleen N. Longfellow of KeyBank says company financial wellness programs can help relieve employee stress and prepare them for what's ahead. She offers several steps for companies looking to offer financial wellness programs.
The latest donation comes on top of a $10,000 donation in 2022 to support workforce efforts at the Mount Desert Island health care provider.
Guest columnist Ken Entenmann, chief economist at NBT Bank, says experiences of retailers or restaurants curtailing their hours are part of larger issues with a tight labor market. As he says, "the labor market looks more dysfunctional than strong."
"Look to diversify" is one piece of advice from experts interviewed by Mainebiz.
This year's pitch-off, scheduled for May 4 at the Maine Film Center in downtown Waterville, features 11 startups in the program's second cohort.
Guest authors Blaine Boudreau and Jim Roche, banking industry officials in Maine, write that "what happened in California and New York is highly unlikely to ever happen here in Maine."
Town & Country Federal Credit Union, with four southern Maine offices, has added a CFO and a chief innovation officer.
A roundup of new hires, promotions and achievements at companies and nonprofits throughout Maine.
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.
Portland is home to four professional sports teams — the Double-A Portland Sea Dogs, an affiliate of the Boston Red Sox; the G-League's Maine Celtics, an affiliate of the Boston Celtics; the Maine Mariners, an ECHL affiliate of the Boston Bruins; and the Portland Hearts of Pine, which is in USL League One.
In October 2024, the Sports Business Journal named Portland the best U.S. city for minor league sports.
In the past year, Maine's teams have been getting some upgrades.
The Portland Sea Dogs opened a new, state-of-the-art $10 million training facility and clubhouse at Hadlock Field. The Portland Hearts of Pine launched their inaugural season in 2025, playing to consistently sold-out crowds from the very first game and reaching the semifinals in November. And now the Maine Mariners plan to build a new practice rink at the Downs in Scarborough.
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.
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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.
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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.
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