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PublishedJuly 7, 2022
Brian King named Bank of America Maine president
King will oversee the bank's operations and philanthropic giving in the state.
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PublishedJune 26, 2022
Maine’s marijuana industry booming no thanks to banks
Owners must use cash and other workarounds as a reluctant financial industry worries about federal retribution
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PublishedFebruary 1, 2022
Maine banks team up to launch worker recruitment campaign
Amid the state's labor shortage, Maine banks are struggling to hire enough workers to meet their needs.
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PublishedAugust 20, 2021
Commentary: Updating regulations will help prevent next mortgage meltdown
The rules should be expanded to apply to the internet-based ‘nonbanks’ that are underwriting two-thirds of home loans.
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PublishedMay 6, 2021
Two Maine banks make Forbes’ top 10 list for best U.S. banks
Bangor Savings Bank ranked No. 2 and Camden National Bank ranked No. 7 on the list.
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PublishedApril 1, 2021
These states offer women the worst/best mortgage deals (Maine makes 1 list)
Women paid more than men in every state except Alaska, mortgage startup Own Up found.
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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 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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PublishedFebruary 22, 2021
Kennebec Savings Bank, Kennebec Federal Savings merger imminent
The banks will become Kennebec Savings Bank when the merger is completed at 5:01 p.m. on March 5.
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