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David Cohen has been named president, CEO and treasurer. He officially started his new duties on Feb. 20.
A roundup of new hires, promotions and achievements at businesses, nonprofits, health care institutions and professional services firms in Maine.
Banks across Maine are looking to right-size their footprints and tap new market opportunities, with changes that include expanding some facilities and consolidating others.
Maine banks, like ones across the country, are getting impatient for the Federal Reserve to cut interest rates.
Tony DiSotto, who was named Maine market president in October 2022, will also serve as market president for Vermont.
cPort Credit Union has promoted Kelsey Marquis to CFO and COO, and Bill Whitmore to senior vice president of business and information technology services.
Kennebunk Savings Insurance has appointed Mark Ross as its director of insurance operations.
Saco & Biddeford Savings Institution has made six new hires and promotions to take on roles in a variety of departments.
Spinnaker Trust has appointed Eugenio Figarella as assistant portfolio manager.
Camden National Bank has promoted Barbara Raths, who formerly served as director of treasury management and government banking, to executive vice president of commercial banking.
For the third year in a row, Skowhegan Savings Bank will sponsor the prize for the Dirigo Labs business pitch contest, the culmination of a months-long accelerator program.
A roundup of new hires, promotions and achievements at Maine's businesses, nonprofits, professional services firms and health care institutions.
Since it was founded in 1994, the annual Swish-Out Childhood Cancer Challenge has raised $750,000 for the Maine Children's Cancer Program at the Barbara Bush Children's Hospital in Portland.
Auburn-based H.E. Callahan Construction Co. will lead construction on a new banking center for Northeast Bank. The new site still needs regulatory approval, but plans call for at site at 836 Center St. in Auburn.
Joe Henderson, vice president of Advantage Capital, points to his company's $4 million investment in MedRythms as "a perfect example of a successful life sciences investment with a tangible, positive impact."
Plans for the branch come soon after state regulators approved UCU's request to convert to a community charter, opening membership to residents and businesses in 11 Maine counties.