Issue link: https://nebusinessmedia.uberflip.com/i/1372123
W W W. M A I N E B I Z . B I Z 7 M AY 1 7 , 2 0 2 1 Diego-based Guild Holdings Inc. for nearly $200 million. Guild Holdings Co. (NYSE: GHLD) is a mortgage lender and servicer with operations in 31 states. RMS is a retail mortgage company with over 850 employees and 70 offices in 14 northeastern states. Besides its South Portland base, the firm has Maine locations in Auburn, Augusta, Bangor, Brunswick, Falmouth and Kennebunk. Upon completion of the deal, the RMS management team, including President and CEO Jim Seely, would continue to run the busi- ness, Guild said in the release. Based on 2020 mortgage originations, the com- bined company would have been the seventh-largest nonbank retail lender in the country. Last year, RMS originated $8.5 billion in loans, up from $5 billion in 2019 and $3.9 billion the previous year. N O T E W O R T H Y S O U T H E R N OTELCO, a telecommunications pro- vider in New Gloucester, announced it will bring its Lightwave Fiber Inter- net to Gorham and Windham and up- grade its existing network in Gray and New Gloucester. When complete in the fall, the initiative will provide symmet- rical Gigabit Internet to approximately 2,500 Gorham locations, 2,200 loca- tions in Windham and 4,200 locations in Gray and New Gloucester. Bishop Medical Group, a behavioral health practice, opened a Portland of- fice at 1250 Forest Ave., Suite 201. The practice offers psychiatry servic- es, Transcranial Magnetic Stimulation, medication for addiction treatment and medication management. Legacy Properties Sotheby's Interna- tional Realty, a luxury property company in Portland, opened an office at 6 Neigh- borhood Road in Northeast Harbor. The Visionary Leadership Program, a collaboration between the Universi- ty of Maine Graduate and Profession- al Center and the Maine Center for Entrepreneurs, announced the gradu- ation of its first cohort of Maine small business leaders. Participants includ- ed 14 CEOs or senior managers from Wilbur's of Maine, Healing Harbors, North Spore, Startup Maine, Crown O'Maine, Mug Buddy Cookies, Vena's Fizz House, Bangs Island Mussels, Glacial Multimedia, Spring Point So- lutions, Pemberton's Gourmet Foods and American Unagi. Jackman clinic gets a boost A grant from Skowhegan Savings Bank will allow Penobscot Community Health Care to make needed upgrades at its Jackman Community Health Center over the next five years, as it con- tinues to develop a pilot health care pro- gram for the northern Somerset County town. e $25,000 grant is the bank's third in Jackman and supports Bangor- based PCHC's efforts to improve health Belfast may get an injection of much-needed affordable housing — Positive news indeed Maine chief justice nominee would be second woman in role — Another step forward Common Ground Country Fair will be in-person — if volunteers step up — How will this decision affect other fall festivals? For 75-year-old Portland chocolatier and long-distance cyclist, business is a sweet ride — His latest venture will be a 3,000-mile cycling trek up the East Coast Maine bankruptcy filings creep up, but are still under last year's pace — A signal the economy is not out of the woods Climate change may hurt Maine's wild blueberry industry, but growers can lessen the risk — It's already a tough business Portland police warn commercial vehicle owners of part theft spree — Guard your catalytic converter C R E D I T S & D E B I T S Building a business? TALK TO A NEIGHBOR. Our experienced lenders are more than bankers Our experienced lenders are more than bankers — they're problem solvers and will work with you — they're problem solvers and will work with you to design a commercial loan that's right for you. to design a commercial loan that's right for you. We're proud to support local Maine businesses We're proud to support local Maine businesses with products and services to help your with products and services to help your business grow. business grow. Custom lending solutions are here for you — Custom lending solutions are here for you — and so are we. Let's talk. and so are we. Let's talk. MEMBER FDIC MEMBER FDIC EQUAL HOUSING LENDER EQUAL HOUSING LENDER 1-800-447-4559 | bathsavings.com Justin Dionne Assistant Vice President, Commercial Lending C E N T R A L & W E S T E R N R E N D E R I N G / C O U R T E S Y A C E T O L A N D S C A P E A R C H I T E C T U R E + U R B A N D E S I G N