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Banking

Published
August 28, 2021

The humble Farmer: Barnum underestimated the number of suckers born every minute

Exhibit A: An FBI agent’s story about a guy named Dave and the rich online girlfriend who he’s never met in person.
Published
August 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.
Published
July 17, 2021

Partnership helping immigrants in Maine obtain zero-interest business loans

The DreamxAmerica-Kiva Special Initiative partnered with the Greater Portland Immigrant Welcome Center to provide no-interest, no-fee loans for immigrant-owned small businesses.
Published
June 24, 2021

Chase Bank opens new branch in Portland, the 1st of 5 planned for Maine

The new branch – at 480 Congress St. – is part of a 2-year planned expansion to Maine.
Published
May 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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Published
April 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.
Published
March 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.
Published
March 29, 2021

Portland Adult Education expands job training for new Mainers

The program, supported by local financial institutions, launched its second cohort with seven students in January.
Published
March 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.
Published
March 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.