The withdrawals appear to coincide with the coronavirus pandemic and credit unions seek to reassure customers that their money is safer in financial institutions than in their homes.
Edward D. Murphy
Ed covers the City of Westbrook and business stories for the Portland Press Herald.
Posted inBusiness, Local & State, News
Hannaford donates $250,000 to food banks in 5 states
The donations include $100,000 to Good Shepherd Food Bank in Maine.
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Posted inBusiness, Local & State, News
Tax season interrupted by coronavirus, creating concern for Maine accountants
The federal government is giving people who owe taxes more time to pay, but it hasn’t extended the April 15 filing deadline.
Posted inBusiness, Local & State, News
Large retailers in Maine redefine how shopping works in a pandemic
Target and Best Buy stores are changing hours and policies, while others such as Macy’s are closing altogether.
Posted inBusiness, Local & State, News
As virus spreads, Maine’s economy struggles
From falling stock prices to canceled orders and disappearing customers, the state’s businesses are taking a big hit.
Posted inBusiness, Local & State, News
Maine employers send workers home, make drastic changes
The coronavirus is forcing large Portland-area businesses to adopt new rules to keep workers healthy and business humming.
Posted inBusiness, Local & State, News
Judge upholds Maine law to rescue public access channels from digital wilderness
A federal judge ruled Wednesday that cable TV providers have to move community programming back to lower-numbered channels that are easier to find.
Posted inLocal & State, Maine Crime, News
Biddeford man found guilty of hate crimes in 2 racially motivated attacks
Maurice Diggins faces as much as 10 years in prison for each of 3 hate crimes, in the first federal prosecution in Maine since the government adopted a new hate crime law in 2009.
Posted inMaine Crime, News
Citing then-Gov. LePage’s racist remark, hate crimes defendant said he expected acquittal
Closing arguments are expected Tuesday in the trial of Maurice Diggins, who is charged in racially motivated attacks on two black men in Biddeford.
Posted inLocal & State, Maine Crime, News, Uncategorized
Federal hate crime trial opens with victim recounting assault in Biddeford
“I probably would have lost my life that night,” Daimon McCollum says of the night in 2018 when he fled men accused of attacking him and breaking his jaw.