Mainebiz

V O L . X X X I N O. X X I I I O C T O B E R 6 , 2 0 2 5 8 B U S I N E S S M A I N E B U S I N E S S M A I N E B U S I N E S S N E W S F RO M A RO U N D T H E S TAT E N O T E W O R T H Y M I D C O A S T & D O W N E A S T Five County Credit Union in Bath changed its name to Ancorum Credit Union. Store shuffle in Bangor Marden's, the Winslow-based sur- plus and salvage retailer, will open a store early next year at 229 Springer Drive in Bangor — a location formerly occupied by New Jersey- based retailer Burlington Stores Inc. Meanwhile, the Burlington store has relocated less than a mile south, at 6 Bangor Mall Blvd. N O T E W O R T H Y N O R T H E R N & E A S T E R N Penobscot Community Health Center in Bangor formed the PCHC Foundation to advance the charitable mission of the center by supporting the infrastructure, workforce and inno- vation that make primary health care possible. Danny Williams will serve as president of the foundation. Building the Future, Supporting First Responders Pictured Above: Orland Fire Station, Completed 2025 Orland, Maine Construction Management @ Risk Commercial Construction Design-Build www.nickoday.com Contact Us! Ask anyone you know about the biggest challenge faced by Maine residents, businesses, and public officials and you will hear the same answer: Housing. Universally, we are challenged by the lack of it, the cost of it, and the inability to improve the situation. MEREDA will convene a curated group of Maine commercial and real estate professionals to discuss these challenges in the context of real and recent projects. Two panels will look specifically at barriers developers have faced and innovative solutions currently being explored. KEYNOTE SPEAKER Dr. Christopher Herbert, Managing Director of the Harvard Joint Center for Housing Studies PANELISTS Elizabeth Frazier — Pierce Atwood Vanessa L. Farr — Haley Ward Hope Eye — Eastern Maine Development Corp. Benjamin R.K. Breadmore — Town of Holden Rebecca Hatfield — Hancock Lumber Kyle Barker — Primary Projects Chris Marshall — GreenMars ECONOMIC OUTLOOK PRESENTATION Ken Entenmann — Chief Investment Officer & Chief Economist, NBT Bank / NBT Wealth Management JOIN US FOR MEREDA'S 2025 FALL CONFERENCE MEREDA Takes a Hard Look at the Housing Crisis. Can we Crack the Code? October 23, 2025 Hannaford Hall — Abromson Community Education Center, 88 Bedford Street, Portland This course is approved for 3 hours of continuing education credits for Broker, Appraiser, Attorney, Assessor, and Planners. Credits for Architects are pending. REGISTER TODAY AT MEREDA.ORG GOLD SPONSORS Q: Beyond the satisfaction of paying it forward, are there other reasons to be a mentor? ACE advises: We often think of mentorship as wis- dom flowing one way — from the seasoned leader to the rising professional. But the best mentorship isn't a download of answers or a tidy checklist. It's a conversation that sparks new ideas, chal- lenges assumptions and sometimes makes you sit with tough questions. In those exchanges, both people grow. As a mentor, I've learned that guiding someone else sharpens my own perspective. Fresh ideas, new approaches, and different ways of seeing the world keep me on my toes. Mentorship forces you to stay curi- ous, humble and open — qualities that make you not just a better leader, but a better colleague and partner. And often it's the casual moments — the quick coffee chat, the hallway conversation, the unexpected text — that leave the biggest mark. For mentees, the benefits are obvious: confidence, guidance and a safe space to test ideas. But the real power of mentorship shows up when it's a dialogue, not a directive. That's when the relationship shifts from transactional advice-giving to something richer — a true partnership where both sides push each other to grow. Organizations that embrace this kind of mentorship culture unlock more than individual potential. They build teams that are innovative, resilient and engaged. When mentorship is done right, it's not about titles or programs — it's about creating a two-way street where everyone benefits: the mentee, the mentor and the business as a whole. In the end, it's not the polished reports or the metrics that stick with us. It's the lessons shared, the challenges navigated side by side, and the connec- tions built along the way. Those moments are what shape careers — and often, they're what shape leaders too. A S K AC E b y M e l i s s a O l a n d e r , O n P o i n t B u s i n e s s C o n s u l t i n g The Association for Consulting Expertise (ACE) is a nonprofit association of independent consultants who value "success through collaboration." The public is welcome to attend its regular meetings to share best practices and engage with industry experts. For more information go to www.consultexpertise.com. Melissa Olander is the founder and fractional CFO of OnPoint Business Consulting, where she offers modern client accounting and advisory services that extend far beyond traditional bookkeeping. She turns complex numbers into clear insights so owners can make confident decisions and focus on growth. melissa@onpointbusinessconsult.com N O R T H E R N & E A S T E R N

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