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Random Acts of Philanthropy in Rangeley, Maine

Hight Family of Dealerships, Skowhegan Savings, Kyes Insurance, and Saddleback Maine team up Read Article Franklin County, Maine Sam Hight, of Hight Family of Dealerships pulled together a group of local partners in an effort to support the demographic most impacted by COVID in Franklin County children. Together with Skowhegan Savings Bank, Kyes Insurance, and Saddleback Maine, Hight was able to quickly raise $16,500 which will be donated to four different non-profit youth programs throughout Franklin County Rangeley Alpine Ski Club, Rangeley Health and Wellness Kids’ Program, Little Mountain School, and Titcomb Mountain. Early in 2020, the Hight Family of Dealerships supported Main Street Skowhegan’s technical assistance program (TA grants). Hight also spearheaded the newly formed Somerset Economic Resource Council to provide community grants to small businesses impacted by COVID. In total, $120,000 in grant funding was raised to help local businesses keep their doors op

Bank expansion heats up, and Chase s Maine rollout isn t the only game in town

As JPMorgan Chase prepares to enter southern Maine’s crowded retail banking market, rivals are watching but not standing still. “They’re formidable,” Curtis Simard, president and CEO of Bar Harbor Bank and Trust (with $3.6 billion in assets) says of JPMorgan Chase, the largest U.S. bank with $2.7 trillion in assets. Both opened commercial offices in Portland in 2018, and now the Wall Street behemoth is preparing to open its first retail office there along with four others in Greater Portland by 2022. “We’ll be watching to make sure they don’t have broader plans than that,” says Simard.  Image Chase Bank will start its Maine expansion with a downtown Portland branch.

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