Archive for May, 2011

Camden National Bank Named SBA’s Top 7(a) Lender of the Year

Camden National Bank was named Maine’s Top Performing 7(a) Lender of the Year at the Small Business Administration (SBA) Awards Luncheon Thursday, May 5. The luncheon, held at the Spectacular Event Center in Bangor, recognized outstanding small businesses in Maine. “Several years ago we made a commitment to deepen our partnership with the Small Business [...]

State Farm: Payments to Policyholders Approach One Billion Dollars From April Storms

April Storms would Rank as Seventh Worst Homeowners’ Catastrophe in Company History While claims from May storms in Joplin, Mo., and elsewhere are in the process of being handled, State Farm announced it has already paid nearly $916,000,000 in claims to help its customers recover from damage caused by the relentless string of catastrophic storms [...]

Experts Help Boost Mobile Banking in Emerging Markets

Mobile phone ownership is commonplace all over the world. A ubiquitous symbol of modernity, these communication devices are now a platform for providing financial services to underserved populations. Darden School of Business Professor Frank Warnock and Batten Institute Fellow Veronica Cacdac Warnock have joined ShoreBank International (SBI) in their efforts to assist two new mobile [...]

10 Tips Could Save You $100 a Month at the Pump

With Americans paying an average of $1 more per gallon of gasoline than a year ago, many drivers are looking for ways to improve their fuel economy during the Memorial Day weekend – the unofficial start of the summer driving season. To demonstrate 10 common mistakes drivers make that hurt their fuel economy, Chevrolet recently [...]