Bank of America has named Brian King president of Bank of America Maine. King succeeds Bill Williamson, who held the position for 10 years and has announced his decision to retire next year after more ...

Key takeaway: Strengthening its retail branch network may help Northeast Bank lessen reliance on costly brokered deposits. Forward look: The $5.23 billion-asset company plans to open a branch in ...

Machias Bancorp in Machias, Maine, has agreed to buy six branches from Bank of Maine in Portland. Machias also agreed to acquire the assets at the six banks, including loans and real estate, and about ...

PORTLAND — As part of its longstanding commitment to supporting economic opportunity and local communities, Bank of America invested $918,000 across Maine in 2023 through philanthropic grants, loans, ...