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W W W. M A I N E B I Z . B I Z 5 D E C E M B E R 2 , 2 0 2 4 Copyright 2024. 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 26 On the Record Mobile sauna startup peddles wellness on wheels 27 In Short Newsworthy people and performances 30 The List Largest Maine-based credit unions 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 A Look Back Hug or a handshake? A Mainebiz columnist spelled out the etiquette 9 Ask ACE How do I connect with alternative financing sources? A roundup of Maine's business news 6 P H O T O / J I M N E U G E R 26 MERRILL'S WHARF | 254 COMMERCIAL STREET | PORTLAND, ME 04101 | PIERCEATWOOD.COM LEGAL SERVICES YOU CAN BANK ON Banks, nancial services providers, and ntech companies rely on Pierce Atwood to provide them with experienced representation and counsel on: • 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 To learn how we can assist your organization, please contact rm partner Emily L. Cooke at •••.•-€.€‚-ƒ or ecooke@pierceatwood.com. Pierce Atwood. There's a reason… " FAME listened to our unique story and believed in us. The staff was adaptable and found a way to 'yes.'" Dan Bell, General Manager AGRI-CYCLE ENERGY, Scarborough Helping Maine Businesses Succeed Since 1983 1-800-228-3734 • TTY: 207-626-2717 10-Time Winner, Best Places to Work in Maine (2015–24) FAME FAME FAMEmaine.com