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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. 
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Chase Bank will start its Maine expansion with a downtown Portland branch. ....

United States , New Harbor , New Hampshire , United Kingdom , Bar Harbor , Gregorya Dufour , Chris Pinkham , David Cyr , Bill Williamson , Tim Greenway , Curtis Simard , Jeanne Hulit , Michael Griffin , Bob Montgomery , Portland South , Ashlee Kelly , Sheryl Mcquade , Damariscotta Bank , Photo Courtesy Bangor Savings Bank , Skowhegan Savings Bank , People United Bank , Maine Community Bank , Camden National Bank , Camden National , Maine Bankers Association , Photo Courtesy Td Bank ,

Newsworthy people and performances for Feb. 8, 2021


Southern Maine Health Care.
Central Maine Growth Council in Waterville presented its annual “2020 Developer of the Year” award to
Shane Savage, co-owner of
KVConnect, also named
Josh Kim its “2020 Emerging Leader of the Year Award” winner. Kim is founder and CEO of
the Cubby, an online marketplace exclusively for college students.
Daulton Wickenden, a personal insurance account executive at
Allen Insurance and Financial in Camden, graduated from the Safeco Producer Development program.
The University of Maine at Augusta announced that its mental health and human services bachelor’s degree program received national accreditation from the Council for Standards in Human Services Education. The five-year accreditation is the culmination of a three-year process, including a self-study and written report by the faculty of the academic program and a virtual site visit by the council’s site review team. ....

New York , United States , University Of Maine At Augusta , Maine Medical Center , University Of Maine , Franklin Memorial Hospital , Bar Harbor , Presque Isle , Mid Coast Hospital , Timothy Pease , Nicholas Anania , Jennifer Walter , Josh Kim , Mary Budd , Daniel Kramer , Rick Espindola , Emily Coombs , Katherine Krakowka , Jeffrey Bush , Morgan Cashwell , Sanjay Kane , Shane Savage , Angus King , Martha Gaythwaite , Matthew Bush , Camrin Rivera ,

First Bancorp (FBP) Q4 2020 Earnings Call Transcript


Operator
Good day, and welcome to the First BanCorp Fourth Quarter and Full-year 2020 Earnings Conference Call. [Operator Instructions] After today s presentation, there will be an opportunity to ask questions. [Operator Instructions]
I would now like to turn the conference over to John Pelling, Investor Relations Officer. Please go ahead.
John B. Pelling
Investor Relations Officer
Thank you, Alyssa. Good morning, everyone, and thank you for joining First BanCorp s conference call and webcast to discuss the Company s financial results for the fourth quarter and fiscal year ended 2020. Joining you today from First Bancorp are Aurelio Aleman, President and Chief Executive Officer; and Orlando Berges, Executive Vice President and Chief Financial Officer. ....

United States , Puerto Rico , Alex Twerdahl Piper Sandler , Glen Manna , John Pelling , Piper Sandler , Chris Nardone , Ebrahim Poonawala , Aurelio Aleman , Alex Twerdahl , Orlando Berges , Lending Program , First Bancorp , Winter Financial Services Symposium , Chris Nardone Bank , First Bancorp Fourth Quarter , Investor Relations , Chief Executive Officer , Executive Vice President , Chief Financial , Chief Executive , Main Street , Vice President , Main Street Lending , Financial Services Symposium , ஒன்றுபட்டது மாநிலங்களில் ,