2021 forecast for Maine's banks and credit unions: A year of further growth, competition
From processing emergency loans and loan deferrals to ramping up electronic services and drive-thru operations to keep employees and customers safe, Maine banks and credit unions were tested in 2020 — and passed with flying colors. “Fortunately, Maine’s banks entered the pandemic — and a year of economic turmoil — from a position of strength,” says Gregory Dufour, president and CEO of Camden National Bank. “With prudent capital management strategies and favorable asset quality, we were able to flex quickly and support Maine’s businesses, families and communities in 2020, deliv...
Source: mainebiz.biz