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W W W. M A I N E B I Z . B I Z 5 A P R I L 3 , 2 0 2 3 Copyright 2023. All rights reserved. Mainebiz® (ISSN# 1530-0749) is published bi-weekly 29 times a year, including special issues published in July, September, October and December by New England Business Media LLC. Periodicals postage paid (USPS# 018-715) at Port land, ME and at additional entry points. Postmaster: Please send changes to: Mainebiz, PO Box 330, Congers, NY 10920-0330. Annual subscriptions are available for $84.00 and include Fact Book and Book of Lists. To subscribe, please visit our website at www.mainebiz.biz, email circulation@ mainebiz.biz or call our circulation department at 845- 267-3008. Mainebiz® accepts no responsibility for unsolicited manuscripts and in general does not return them to the sender. 3 Viewpoints Editor's letter plus Top 10 24 On the Record Ray Ruby leads nonprofit that aims to reduce cancer's impact in Maine 25 In Short Newsworthy people and performances 30 The List Largest Maine-based banks B U S I N E S S M A I N E I N E V E RY I S S U E 6 Even as housing market slows, Cumberland Co. houses are scarce 7 Credits & Debits 8 Ask ACE Stay interviews, the why and how 9 Biz Money Small businesses could get slammed by higher visa fees A roundup of Maine's business news 6 P H O T O / J I M N E U G E R 24 Finding an innovative healthcare solution when you feel like you're at the end of the road. Alliant is changing how healthcare is delivered by finding ways to reduce costs and taking on a new status quo. Don't just renew an old problem with your company's employee benefits — blaze a new trail. John Perry Vice President (207) 595-2203 John.Perry@alliant.com Passionate. Curious. Collaborative. That's Alliant Creative Agility at work. alliant.com Banks, financial services providers, and fintech companies rely on Pierce Atwood to provide them with experienced representation and counsel on: To learn how we can assist your organization, please contact firm partner Emily L. Cooke at .. or ecooke@pierceatwood.com. • Regulatory issues • Commercial lending • M&A and conversions • Workouts and collections • Privacy and data security • Government relations • Class action defense • Derivatives and structured products • Governance and executive compensation • Litigation and dispute resolution • Technology procurement and outsourcing Pierce Atwood. There's a reason… Legal Services You Can Bank On MERRILL'S WHARF • ''" COMMERCIAL STREET • PORTLAND, ME —"˜—˜ • PIERCEATWOOD.COM