David Libby

🔒Hawk or dove on monetary policy? Maine Fed watchers size up central bank nominee

President Trump's nominee to succeed Jerome Powell as chair of the U.S. Federal Reserve "isn’t squarely hawkish or dovish – he’s signaling a hybrid stance,” one observer tells Mainebiz.

Robots, rage rooms and other offbeat stories in 2025

As we get ready to wind down the year, here’s a recap of 10 stories that tickled our fancy in 2025. 

Robot takes center stage at credit union’s new tech hub

The 3,400-square-foot leased space aims to offer Town & Country FCU members and others an opportunity to see, touch and experience technology used in banking and other industries.

Maine businesses brace for impact of government shutdown

“Clearly, we do not need additional unpredictability,” Patrick Woodcock, president and CEO of the Maine State Chamber of Commerce, told Mainebiz hours after the federal government shut down over a budget dispute.
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Game on in Gorham at USM’s $1.5M ‘esports’ arena

The facility is named for Town & Country Federal Credit Union, which provided $750,000 in funding.

Maine bankers see modest boost to economy from Fed rate cut

Citing slowing growth in the first half of the year, central bankers lowered interest rates by a quarter of percentage point and signaled the possibility of two more cuts this year.

Home field advantage: With $750K gift, USM will build arena for fast-growing ‘esports’

The donation from Town & Country Federal Credit Union will fund a venue for electronic sports on the University of Southern Maine's Gorham campus.

Suspect nabbed after Skoweghan Savings Bank robbery in Portland

The robbery took place in the city's East Bayside neighborhood Wednesday morning, and police arrested the suspect a half hour later.
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During giving season, credit union embarks on ’12 Days of Local Giving Local’

Starting Tuesday and until Dec. 23, Town & Country Federal Credit Union is giving donations to a dozen nonprofits in Cumberland and York counties.

Credit union breaks new ground with digital credit card

Members of Scarborough-based Town & Country FCU can now use a new digital credit card for online and in-person purchases via mobile wallets.
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