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W W W. M A I N E B I Z . B I Z 15 JA N UA R Y 8 , 2 0 1 8 F I N A N C I A L S E RV I C E S : 'Renewed enthusiasm and investment' "I t's an exciting time to be in the Katahdin region," says Tina Jamo, president and CEO of Katahdin Federal Credit Union in Millinocket. It has more than 7,500 members and assets of $74 million. In particular, she is encouraged by "a renewed enthusiasm and invest- ment" in the region that she sees keeping its strong momentum in 2018. "We're hoping to have some smaller businesses open up and bring more employment," she says. She also highlights the correlation between the credit union's success and that of its members, saying, "When our members are doing well, we do well. And when our economy improves, our whole membership benefi ts." Jamo expects the credit union's membership numbers to keep going up but sees the workforce "holding steady for right now" at around 30 employees. "Our goal is to continue to grow our membership and to continue to serve our members in the best way possible," she says. "We've been concentrating on electronic services due to the fact that we are located in a rural area. e plan is to continue to off er products and services to our members who don't necessarily live here." S E A F O O D : 'On the cusp' of expansion P eter Handy, president and CEO of Bristol Seafood, says his company will look to build on the success of its Fair Trade Certifi ed scallops, intro- duced in March 2017 as the fi rst U.S. seafood product with that distinction. "It's in the top 10 fastest-growing seafood items in North America in retail, so we're really happy," Handy says. He attributes the success to a combination of factors, including Bristol's work with retailers to tell the story of the sustainable fi shery, "where everyone involved with putting it together was treated fairly." In 2018, "we're looking at doing other Fair Trade products, but where we're focused more broadly is where else can we give consumers branded seafood products that hit on quality, transparency and story," he says. "We're seeing it work, and now we want to fi nd new and other ways to do it." e company also sells line-caught Alaskan cod, mussels from the Gulf of Maine sourced from as far as Lubec, and haddock that's line-caught in Norway and fl ash-frozen at sea within four hours. "Maine's got a terrifi c food brand, and Maine seafood is outstanding," he says. He adds that Bristol Seafood, which is based at the Portland Fish Pier and employs around 60 people, is "on the cusp" of an expansion, the extent of which is still being determined. "We're looking at fi guring out ways that we can do more in Portland," he says. c a l l t h e d o w b r o t h e r s f o r a p o r t f o l i o r e v i e w, t o d ay. d o w c m . c o m Securities offered through Bolton Global Capital, Inc., 579 Main St., Bolton, MA. Member FINRA, SIPC 978-779-5361. Advisory services offered through Bolton Global Asset Management, a SEC registered investment advisor. DWC/DW30027 Portfolio Manager (207) 878-1573 The power of brothers to make things happen. Mike Dow, MBA Portfolio Manager (207) 878-1574 Bill Dow, CFP Men on this ad in Mainebiz and receive 1 Week FREE Trial! W E C A N S AV E YO U T I M E ! At the Bay Club we understand how busy life gets, your workout should be easy and made to fit your schedule. S AV E T I M E W I T H T H E S E B E N E F I T S • 50 classes to choose from and half hour classes available — all included in your membership • Conveniently located in the heart of the old port at One City Center • 2 hours FREE parking at One City Center garage • Protein smoothie TO GO — reserve yours before your workout and pick it up when you leave! • Complimentary daily locker and fitness towels • Private locker service, laundry service for workout clothes and shower towels bayclubfitness.com P H O T O / T I M G R E E N WAY Peter Handy B R I S T O L S E A F O O D, P O R T L A N D Tina Jamo K ATA H D I N F E D E R A L C R E D I T U N I O N P H O T O / C O U R T E S Y K ATA H D I N F E D E R A L C R E D I T U N I O N

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