banking
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PublishedMarch 29, 2021
Camden National named among top 50 U.S. community banks
Camden National Bank was the only Maine-based bank to be recognized by S&P Global Market as a top community bank in 2020.
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PublishedMarch 29, 2021
Portland Adult Education expands job training for new Mainers
The program, supported by local financial institutions, launched its second cohort with seven students in January.
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PublishedMarch 25, 2021
Bangor Savings Bank offering its workers $500 to get vaccinated
The first Maine business to publicly offer cash for getting vaccinated isn't requiring its 1,100-plus employees to have shots, but it does hope to provide an incentive.
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PublishedMarch 12, 2021
Maine senator calls for crackdown on ‘snake oil and fine print’ payday loans
State Sen. Rick Bennett of Oxford calls for limits on how much lenders can charge for short-term loans to hard-pressed Mainers.
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PublishedMarch 6, 2021
Commentary: For multi-stakeholder capitalism, the future is now
Androscoggin Bank recently became a Certified B Corporation and looks forward to showing that businesses that pair purpose with performance can not only survive, but also thrive, its CEO says.
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PublishedJanuary 9, 2021
State income tax issue looms over pandemic relief loan recipients
Unless the Legislature acts, Maine businesses and nonprofits could have a higher state tax burden than what federal tax rules require.
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PublishedDecember 19, 2020
Another View: The U.S. should stop helping criminals hide money
Requiring companies to reveal their true owners would be a step in the right direction.
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PublishedNovember 13, 2020
Bangor, Damariscotta banks set to merge this month
Federal regulators have approved the merger of a pair of Maine-based banks that will give them more than 60 branch locations in Maine and New Hampshire.
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PublishedOctober 8, 2020
JPMorgan commits $30 billion to fixing banking industry’s systemic racism
The New York bank says it will extend billions in loans to Black and Latino homebuyers and small business owners.
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PublishedOctober 7, 2020
Midcoast Federal Credit Union to merge with Maine State Credit Union
The combined entity would operate as Maine State Credit Union, with over $725 million in assets and 46,000 members across eight locations.
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