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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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PublishedOctober 7, 2019
New credit union for Maine food producers opens for business
Maine Harvest Federal Credit Union promises to offer a previously unavailable source of financing for the state’s small farms and food businesses.
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PublishedSeptember 24, 2019
Westbrook’s Infinity Federal Credit Union cancels merger with Illinois credit union
The previously announced merger would have combined two member-owned financial institutions in noncontiguous states.
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PublishedSeptember 16, 2019
Gorham Savings opens branch in historic Yarmouth train depot
The branch in the Grand Trunk Railroad Depot on Main Street opened after a yearlong restoration project.
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PublishedSeptember 13, 2019
Judge rules Bar Harbor bank must face claims it let conman steal from estate, then tried a cover-up
Plaintiffs allege the bank's trust business allowed Robert Kenneth Lindell Jr. to steal over $1 million from an elderly widow's estate and then tried to cover up its involvement.
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PublishedAugust 22, 2019
Maine credit union for food producers receives federal charter
Unity-based Maine Harvest Federal Credit Union will offer business loans to small farms, farmers and other food producers.
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PublishedAugust 2, 2019
Westbrook’s Infinity FCU plans to merge with Illinois credit union
Maine would serve as the new organization's East Coast hub.
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