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April 6, 2020

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V O L . X X V I N O. V I I A P R I L 6 , 2 0 2 0 4 PUBLISHER Donna Brassard EDITOR Peter Van Allen DIGITAL EDITOR William Hall SENIOR WRITER Renee Cordes SENIOR WRITER Maureen Milliken SENIOR WRITER Laurie Schreiber SENIOR ACCOUNT MANAGER Ken Hanson SENIOR ACCOUNT MANAGER Andrea Tetzlaff SENIOR ACCOUNT MANAGER Betsy VanderPloeg MARKETING/OPERATIONS DIRECTOR Alison Nason CONTRIBUTING WRITER Mark Jeanneret, Jim Milliken RESEARCH DIRECTOR Timothy Doyle RESEARCH ASSISTANT Heide Martin ART DIRECTOR Matt Selva HOSPITALITY EMERITUS Zoey A division of New England Business Media LLC C E O Peter Stanton PRESIDENT Joe Zwiebel C F O / C O O Mary Rogers GROUP PUBLISHER Donna Brassard DIGITAL DIRECTOR Jan Holder C O N T E N T S Financial lifeboats A range of programs are launched as coronavirus swamps Maine businesses Banking in the age of coronavirus Insights from Maine bank and credit union chiefs Business with a purpose Maine financial firms join growing 'conscious capitalism' movement 20 17 14 22 Retirement rollover for business A financing tool that has tax advantages — but beware of market volatility 24 Largest Maine- based banks Ranked by total assets as of December 31, 2019 B A N K I N G / F I N A N C E / I N S U R A N C E F O C U S I N D U S T R Y T H U M B N A I L O N PA G E 1 3 » 800.244.6257 | clarkinsurance.com We love insurance so you don't have to. BORN to insure. P H O T O S / J I M N E U G E R P H O T O / C O U R T E S Y A N D RO S C O G G I N B A N K From left, Tara Jenkins, Steve Tenney, Kevin Hancock and Neil Kiley P H O T O S / T I M G R E E N WAY John McCarthy John McCarthy brokered brokered Bill Bill and and Mary Ann Hinko's Mary Ann Hinko's purchase of the purchase of the James Place Inn James Place Inn 22 14

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