Skowhegan Savings Bank recently held its 153rd annual corporators meeting, reporting assets of $775 million, after originating 1,600 loans for $134 million in 2022. “The bank maintained its strong capitol position in 2022,” David Cyr, president and CEO, said as he addressed those in attendance, according to a news release from the bank. “I also […]
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Community
Spectrum Generations receives $10,000 for Cohen Deck Project in Hallowell
Spectrum Generations received a $10,000 donation on Tuesday, April 11, from Central Maine Power Co. that will help fund the Cohen Deck Project, which will bring stylish canopies and views of countryside landscapes to older and disabled adults at Hallowell’s Cohen Community Center. The project is a $200,000 capital campaign-funded effort by Spectrum Generations to […]
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Walt McKee judges Harvard Law School trial competition
AUGUSTA — Walt McKee recently served as a judge at Harvard Law School’s trial competition. The competition saw law schools from across the United States competing for the “Crimson Cup,” awarded to the top trial advocacy team. McKee’s work as a judge follows his time serving on the teaching faculty of the Harvard Law School […]
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Golden Pond Wealth Management’s founder, managing director honored
WATERVILLE — Golden Pond Wealth Management’s founder and managing director Brian Bernatchez, CFP, was recently named to Forbes’ Best-In-State Wealth Advisors list for the fourth consecutive year. The annual list spotlights the nation’s top performing advisors, who are nominated by their affiliated firm and evaluated based on a methodology developed by SHOOK Research. Advisors are […]
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Camden National Bank recognized by Forbes for third year
Camden National Bank has been named to Forbes 2023 World’s Best Banks List for the third consecutive year, ranking in the top 20 of U.S. banks being recognized. The recognition results from a collaboration between Forbes and Statista to conduct a consumer survey that evaluated feedback from 48,000 banking customers across 32 countries. The banks […]
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Maine State Credit Union to donate $20,000 to charities
AUGUSTA — Maine State Credit Union is committing to donating $20,000 to charities in the eight counties it serves through its Drive for Good Campaign. This program allows credit union members to donate $25 to a local nonprofit when they finance an auto, truck or motorcycle loan through Maine State CU in 2023. “The Drive […]
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Caitlin Walker promoted to full-time program director at Children’s Discovery Museum
WATERVILLE — The Children’s Discovery Museum has promoted Caitlin Walker to full-time program director. In her new role, she will continue to plan and execute all museum programs and special events, as she has been doing previously, but will now be able to expand her efforts and create even more engaging experiences for visitors. Walker […]
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Franklin Savings Bank volunteers for Earth Day cleanup
Franklin Savings Bank, a local financial institution, joined the community’s efforts to protect the environment by participating in an Earth Day cleanup event. As part of its commitment to sustainable practices and community involvement, employees gathered April 22 to clean up the downtown and surrounding areas. The Farmington event was organized by Jessica Casey of […]
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Kennebec Valley Chapter of Credit Unions provides financial education to students
The Kennebec Valley Chapter of Credit Unions hosted an interactive Financial Fitness Fair on April 5 at Cony High School in Augusta. In attendance were Cony and Maranacook seniors, with a second session hosting Cony’s eighth graders. Nearly 250 students participated in the money management experience, which teaches children how to create a monthly budget […]
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Maine State Credit Union helping Mainers learn new skills
AUGUSTA — The Maine State Credit Union board of directors has approved a donation of $100,000 to the Normand Dubreuil Scholarship Fund at Maine Maritime Academy and the Maine Community College System. Since its inception, Maine State Credit Union has donated $350,000 to this fund and has helped more than 300 Mainers. “Maine State Credit […]