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PublishedDecember 20, 2019
Efforts to improve banking access for cannabis growers take a big hit
A proposal to protect financial institutions serving marijuana businesses was stripped from the federal spending bill, and a measure to improve access to banking is held up in the Senate Banking Committee.
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PublishedDecember 17, 2019
Bangor Savings Bank to acquire Damariscotta Bank & Trust
The combined company would have $4.8 billion in assets and more than 60 branches in Maine and New Hampshire.
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PublishedDecember 12, 2019
Bangor retailer wins KeyBank award
The Willie Wags uses it customer base to support women-owned business and Maine-made products.
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PublishedDecember 9, 2019
Maine Compass: Give ‘we, the people’ control of our state’s vital infrastructure
Electricity, water, banks and the internet should be in the hands of the public, not corporate interests.
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PublishedDecember 4, 2019
NBT Bank moves to new location on Portland waterfront
The bank relocated from its previous location in the Pierce Atwood building on Merrill’s Wharf to a new space at 5 Widgery Wharf.
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PublishedNovember 25, 2019
Foreside Financial to acquire U.S. Bancorp subsidiary
The Portland-based financial services outsourcing firm has been on an acquisition spree recently.
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PublishedNovember 25, 2019
FAME recognizes 6 Maine organizations for helping businesses and students
The Finance Authority of Maine made its awards at the financial service agency's annual meeting.
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PublishedOctober 22, 2019
SBA-guaranteed loans in Maine drop slightly from previous year
The U.S. Small Business Administration guaranteed a total of $77.1 million in loans in its 2019 fiscal year, down 7 percent from $83.1 million in loans a year earlier.
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PublishedOctober 20, 2019
Our View: Economic abuse is domestic violence
Federal consumer protection laws should not be used to enable abusers who weaponize credit.
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PublishedOctober 8, 2019
Free financial education conference offered at USM
The conference on Oct. 19 is designed to help Mainers deal with common personal finance issues.
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