Machias Savings Bank announces new corporators bangordailynews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bangordailynews.com Daily Mail and Mail on Sunday newspapers.
Machias innkeepers add ATV rentals to serve a growing market mainebiz.biz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mainebiz.biz Daily Mail and Mail on Sunday newspapers.
In the wake of the Silicon Valley Bank collapse, the consensus is that Maine banks are well-capitalized and diversified, with sufficient buffers to prevent the panicked run that unraveled SVB. But the outlook gets murky if the current turmoil escalates into a wider crisis and sparks a recession.