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Banking & Finance
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Kennebunk Savings CEO plans to continue board work in retirement
December 17, 2024Bradford Paige, the longtime president and CEO of Kennebunk Savings Bank, will retire at the end of the month, but plans to remain active on various boards.
December 17, 2024
President and CEO of Skowhegan Savings to retire at the end of 2025
December 16, 2024David Cyr announced he would retire at the end of 2025, and will be replaced by Dan Tilton, who is now a VP of sales and customer relations.
December 16, 2024
Spinnaker Trust promotes 3 senior team members to principal
December 16, 2024Spinnaker Trust, a Portland-based wealth management firm, has promoted three senior team members to principals.
December 16, 2024
Maine Grains secures $700k in grants toward planned expansion in Skowhegan
December 11, 2024Maine Grains, based in Skowhegan, has secured $700,000 in grants this year to purchase equipment and expand production capacity.
December 11, 2024
Norway Savings Bank promotes three to leadership roles
Updated: December 12, 2024Norway Savings Bank promotes three employees to its senior leadership team.
Updated: December 12, 2024
Bar Harbor Bank & Trust names senior treasury sales officer
December 3, 2024Bar Harbor Bank & Trust operates more than 50 locations across Maine, New Hampshire and Vermont, and has $4 billion in assets.
December 3, 2024
Franklin Savings Bank promotes longtime manager to CFO position
December 2, 2024Franklin Savings Bank, which operates eight branches in Maine, has promoted Pam Dixon to executive vice president and chief financial officer.
December 2, 2024
With apps and online banking, what’s the role of the local bank branch?
Updated: December 2, 2024Mainebiz spoke with Maine leaders about today’s banking environment, customer preferences and bank strategy. Here’s what they had to say.
Updated: December 2, 2024
Coffee By Design awards 2024 Rebel Blend Fund grants to 5 Maine arts projects
November 20, 2024The Portland-based coffee wholesaler and retailer will give $15,000 in grants to the art projects, using funds raised through customer purchases.
November 20, 2024
Hanging up on fraud: Maine ad campaign aims to raise awareness of scams
Updated: November 20, 2024A new public service campaign in Maine encourages viewers to establish a code word known only to family members, and to use it if someone calls asking for money.
Updated: November 20, 2024
Maine Savings FCU names vice president of marketing strategy
Updated: November 18, 2024Maine Savings Federal Credit Union has promoted Cole Clement to vice president of marketing strategy.
Updated: November 18, 2024Boston firm with Portland ties acquired by North Carolina counterpart
November 15, 2024Boston Financial entered the Portland market in 2019, with an office in the Old Port and clients in southern Maine, New Hampshire and Massachusetts.
November 15, 2024
Newsworthy people and performances for Nov. 18, 2024
Updated: November 18, 2024A roundup of new hires, promotions and achievements at businesses, nonprofits, professional services firms and health care institutions in Maine.
Updated: November 18, 2024
Franklin Savings Bank hires Skowhegan-based mortgage loan officer
Updated: November 13, 2024Franklin Savings Bank, which operates eight branches in Maine, has hired Michell McMahon as a mortgage loan officer.
Updated: November 13, 2024
Kennebec Savings names regional VP and treasurer
November 7, 2024A former bank intern, Nicolas Patenaude, will now oversee financial activities, cash flow and related strategies.
November 7, 2024
Bar Harbor Bank & Trust subsidiary adds senior wealth manager
Updated: November 6, 2024Bar Harbor Wealth Management, a subsidiary of Bar Harbor Bank & Trust, has hired Suzanne Moffatt as senior vice president, senior wealth manager.
Updated: November 6, 2024
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