Processing Your Payment
Please do not leave this page until complete. This can take a few moments.
Banking & Finance
-
In prestigious business competition, Portland entrepreneurs hold off Boston sweep
Updated: August 2, 2021Leaders from two Maine businesses were the only winners outside metro Boston in the New England competition for the EY Entrepreneur of the Year.
Updated: August 2, 2021
Maine State Credit Union builds on technology growth with new COO appointment
July 30, 2021The credit union's new COO will oversee IT, risk management and online banking. Technology has proven key as the industry works to maintain member relationships, and Maine State Credit Union reported digital usage and membership grew in 2020.
July 30, 2021
Camden National beats expectations on Q2 earnings
July 28, 2021Camden National Bank reported second-quarter net income of $18.1 million, up 66% over the same period last year, amid loan growth in residential mortgages and commercial real estate.
July 28, 2021
Bar Harbor Bankshares reports Q2 earnings increase driven by higher fee income
Updated: July 27, 2021Earnings per share increased 9% from the same period last year for the parent company of Bar Harbor Bank & Trust, the third-largest Maine-based bank.
Updated: July 27, 2021
Katahdin Trust parent reports increase in Q2 earnings, assets
Updated: July 27, 2021"The second quarter of 2021 provided solid financial results," said Jon J. Prescott, president and CEO of Katahdin Bankshares Corp. Total assets reached $948 million at the end of Q2, representing an increase of $6.6 million over Q1.
Updated: July 27, 2021
Bullish business confidence barometer signals 'rosy' outlook for Maine
Updated: July 23, 2021Close to nine in 10 business leaders nationwide surveyed by JPMorgan Chase & Co. are optimistic about the next six months, and the head of the bank's commercial banking team in Maine said that aligns with what he's hearing from clients.
Updated: July 23, 2021
First National Bank parent earnings up 34% for Q2
July 22, 2021Damariscotta-based First Bancorp, parent company of First National Bank, on Wednesday reported a 33.8% increase in earnings during the second quarter of 2021, compared to the same period last year.
July 22, 2021
Taking it to the bank: Big developments in Maine depend on a little-known inspection company
Updated: July 26, 2021The job of Consultant Services New England, or CSC, is to ensure a proper financial foundation is in place long before the building's foundation is laid. Yet the company receives little fanfare when the project is topped off.
Updated: July 26, 2021
Space odyssey: As employees head back to offices, companies rethink workplace setups
Updated: July 26, 2021Companies that have been operating remotely are now exploring hybrid models, with physical space for people to meet while allowing them to keep working from home if they can and want to. No size, it appears, fits all.
Updated: July 26, 2021Maine, US home foreclosure rates at all-time low, but could soon change
July 21, 2021Both Maine and the U.S. saw decreases in rates in the first six months of 2021. The number of U.S. properties with foreclosure listing — 65,000 default notices, scheduled auctions or bank repossessions — was down 61% from the same period last year.
July 21, 2021
Nonprofit Notebook: MCF Hancock County grants, Maine State Credit Union scholarships
Updated: July 20, 2021In a roundup of nonprofit news, the Maine Community Foundation awards grants to 27 nonprofits in Hancock County while Maine State Credit Union awards $100,000 in scholarships to Maine residents.
Updated: July 20, 2021
Maine credit unions raise $110K in 30 days to fight hunger
Updated: July 15, 2021Since 1990, the Maine Credit Unions’ Campaign for Ending Hunger has raised more $10.4 million, including a record-breaking $960,000 in food and cash contributions last year.
Updated: July 15, 2021
NH business and industry leader to head Maine Bankers Association
July 14, 2021The new president comes from a background in business and industry leadership in New Hampshire. Current president Chris Pinkham is retiring after 41 years with the association, seeing it through numerous economic cycles.
July 14, 2021
5 tips to help you succeed in Maine’s competitive home buying market
Updated: March 18, 2022Prospective homebuyers in Maine face one of the most competitive markets in decades. But a lending expert says there are steps you can take to increase your chances of coming out ahead.
Updated: March 18, 2022
KeyBank beefs up New England wealth management team
Updated: June 29, 2021Key Private Bank adds five people to its Portland-based wealth management team serving clients in Maine and Vermont.
Updated: June 29, 2021
On the Record: Jack Lufkin, of Machias Savings, believes each Maine community 'has a story to tell'
Updated: June 28, 2021The southern Maine market manager of the Downeast-based bank has a background in municipal economic development, and says there are unique opportunities in each community. He says, "I bring the perspective of 'How can we get to yes?'"
Updated: June 28, 2021
Most Recent
