Mainebiz

April 17, 2017

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C ONTENTS ON PAGE 4 26 Growing by merger Two of Maine's top banks have expanded their geographic footprint with mergers. But the overall pace of branch openings has also quickened. BANKI NG / FI NANC E FOCUS P H O T O / T I M G R E E N WAY Elizabeth Hayes, CEO of Infinity Federal Credit Union, says branch growth goes hand-in-hand with asset growth. Westbrook-based Infinity is investing $2 million in a Portland branch, at 29 Baxter Boulevard. S TA R T I N G O N P A G E 2 2 B A N K I N G / F I N A N C E F O C U S B y L a u r i e S c h r e i B e r In digital age, financial institutions still value bricks and mortar out Branching $2.00 April 17, 2017 VO L . X X I I I N O. V I I I www.mainebiz.biz

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