Mainebiz

November 30, 2020

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W W W. M A I N E B I Z . B I Z 19 N OV E M B E R 3 0 , 2 0 2 0 Improve comfort. Reduce energy costs. Upgrade to a heat pump that can meet both your heating and cooling needs. Enhanced incentives available for Maine's smallest businesses. Incentives up to $4,800 and financing available. Find out more at efficiencymaine.com 866-376-2463 F O C U S B A N K I N G / F I N A N C E / I N S U R A N C E Bank 1 TD Bank H EADQUAR TER S : Wilmington, Del. 2 Bangor Savings Bank H EADQUAR TER S : Bangor 3 Camden National Bank H EADQUAR TER S : Camden 4 Infinity FCU H EADQUAR TER S : Westbrook 5 Norway Savings Bank H EADQUAR TER S : Norway S O U R C E : Maine Small Business Administration MOST ACTIVE SBA LENDERS IN MAINE HOW AMERICANS BANK: BEFORE & DURING COVID-19 LOANS AVG. LOAN AVG. INTEREST S O U R C E : Morning Consult. on behalf of American Bankers Association M OBI LE APP: 36% M OBI LE APP: 39% LOANS AVG. LOAN AVG. INTEREST LOANS AVG. LOAN AVG. INTEREST LOANS AVG. LOAN AVG. INTEREST LOANS AVG. LOAN AVG. INTEREST 54 $33,461 10.60% 43 $99,209 6.10% 18 $153,611 5.10% 17 $53,588 8.30% 7 $280,114 5.60% tay-at-home orders, social distancing and changes in bank branch operations during the pandemic have all had an impact on how Americans are doing their banking this year, as shown in an online survey of 2,200 adults conducted in early October. Not surprisingly, more people have been using mobile apps and banking online since the start of COVID-19, while fewer are going to bank branches. There's been little change, however, in banking by phone and mail. F O C U S S TA R T S O N F O L L OW I N G PA G E ยป S Before pandemic Since pandemic M AI L: 2% M AI L: 3% TELEPH ONE: 5% TELEPH ONE: 6% ATM : 8% ATM : 7% BR ANC H ES : 17% BR ANC H ES : 10% ONLI NE: 29% ONLI NE: 32%

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