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  • Published
    December 15, 2016

    New Rockland hotel recognized among top venues

    250 Main Hotel, which opened its doors in May, has been acknowledged by the Huffington Post as one of a dozen top new and renewed hotels in the Northeast for 2016. Locally owned by Cabot and Heidi Lyman, and operated by Maine-based Migis Hotel Group, 250 Main is a boutique hotel

  • Published
    December 6, 2016

    Bank launches Camden National Wealth Management

    Camden National Corp., parent company of Camden National Bank and Acadia Trust N.A., has combined Acadia and Camden National Bank to introduce a new brand, “Camden National Wealth Management.” Mary Beth Haut, who joined Acadia in April 2016, will become managing director and executive of Camden National Wealth Management, according to Camden National's Dec. 1 announcement. In addition to her duties as managing ...

  • Published
    November 9, 2016

    Allen Insurance hires new employee in Portland

    Nate Duncklee has joined Allen Insurance and Financial as a personal insurance account executive. In this new sales position, he will be based in Portland. Duncklee previously worked for Liberty Mutual Insurance and State Farm Insurance. He has a degree in business administration from Colby-Sawyer College in New London, N.H. He lives with his family in South Portland.

  • Published
    November 2, 2016

    Bar Harbor Bank reports record net income of $12.3 million

    Bar Harbor Bankshares, the parent company of Bar Harbor Bank & Trust, announced Oct. 28 that for the nine months ended Sept. 30, the company reported record net income of $12.3 million, representing an increase of $664,000, or 5.7 percent, from the prior year like period. The company’s diluted earnings per share amounted to $2.03 for the nine months ended Sept. 30, representing an increase of $0.10, or 5.2 ...

  • Published
    October 26, 2016

    Camden National reports strong third quarter

    Camden National Corp. reported net income for the third quarter of 2016 of $10.9 million and diluted earnings per share of $0.70 per share, representing an increase over the second quarter of 2016 of 13 percent. For the third quarter of 2016, the company's return on average assets was 1.11 percent, return on average tangible equity was 15.61 percent, and efficiency ratio was 56.29 percent. "We had another strong ...

  • Published
    October 21, 2016

    FairPoint installs faster broadband in Liberty, Montville, Searsmont and Washington

    FairPoint Communications announced Oct. 20 it has installed new equipment in Liberty, Montville, Searsmont and Washington, bringing faster broadband speeds to more than 130 locations. As a result, businesses and residents now have access to speeds of up to 50 Mbps for downloading data and up to 20 Mbps for uploading. “Internet access has transformed the way we live, and that is even more evident in rural states ...

  • Published
    September 29, 2016

    Camden National declares quarterly dividend

    Camden National Bank declared a dividend of $0.20 per share payable Oct. 31 for shareholders of record on Oct. 17. The declared dividend for the quarter has been adjusted to reflect the three-for-two split of the company’s common stock payable in the form of a stock dividend Sept. 30. This quarter’s dividend rate is equivalent to its previous quarter’s rate. For comparison between quarters: July 2016 quarterly ...

  • Published
    September 28, 2016

    First National declares quarterly dividend

    The Board of Directors of The First Bancorp Sept. 22 declared a quarterly dividend of 23 cents per share. This third-quarter dividend is payable Oct/ 28 to shareholders of record as of Oct. 5, and is equal to the 23 cents per share the company paid in the last quarter. Based on the Sept. 21 closing price of $23.50 per share, the annualized dividend of 92 cents per share translates into a yield of 3.91 percent. “Th...

  • Published
    September 9, 2016

    Pickford earns accredited adviser designation

    Allen Insurance and Financial announced that Jeremy Pickford, a member of the business insurance team in the company's Camden office, has earned an Accredited Adviser in Insurance designation from the American Institute for Chartered Property Casualty Underwriters. Designations such as AAI demonstrate an insurance broker's tested knowledge in their field. Allen Insurance and Financial supports all its employees ...

  • Published
    September 1, 2016

    Camden National declares stock split

    Camden National Corp. announced Aug. 31 that its board of directors has approved a three-for-two stock split in the form of a stock dividend on the company’s common stock. The three-for-two stock split is payable Sept. 30, to its common shareholders of record at the close of business Sept. 15. Shareholders will receive cash in lieu of any fractional share of common stock that they otherwise would have been ...

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