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May 5 deadline for VA, SSI recipients who don’t file a tax return and have dependents

May 1, 2020
The Internal Revenue Service today reminded Supplemental Security Income and Department of Veterans Affairs beneficiaries to act by Tuesday, May 5 if they didn’t file a tax return in 2018 or 2019 and have dependents so they can quickly receive the full amount of their Economic Impact Payment. Their $1,200 payments will be issued soon and, in order to add the $500 per eligible child amount to these payments, the IRS needs the dependent information before the payments are issued Read more...

Governor Mills Presents Safe, Gradual Plan to Restart Maine’s Economy

April 28, 2020
Governor Janet Mills today presented her Administration’s plan to gradually and safely restart Maine’s economy. The plan, which comes as the State appears to be successfully flattening the curve, establishes four gradual stages of reopening, the first of which begins  May 1st. The stages focus not on essential v. non-essential designations like those used to originally limit business operations and activities, but on the ability of a business to operate or an activity to occur in a manner that protects public health and safety. As the Administration gradually eases restrictions on some businesses and activities, it also implements protective protocols, along with broader additional health and safety measures, to protect Maine people.    Read more...

Brunswick Development Corporation’s Pandemic Emergency Loan Fund Recapitalized for Another Round of Business Assistance

April 24, 2020
“The Brunswick Development Corporation’s Pandemic Emergency Loan fund is recapitalized to $100,000 and BDC is accepting applications.  The PEL fund was replenished through a $25,000 private donation, a $25,000 match by the Town of Brunswick from Tax Increment Financing (TIF) revenues, and a BDC allocation of $50,000.   Read more...

Meals on Wheels available through Spectrum Generations Expands Service During Covid-19

April 21, 2020
With the emergence of COVID-19 some of the federal and state rules regarding who qualifies for Meals on Wheels have been temporarily changed, and now, anyone over the age of 60 who is practicing social distancing can receive meals throughout Spectrum Generations’ service territory. Disabled adults living with someone receiving meals are also eligible temporarily.   Read more...

United Way Update, April 7

April 7, 2020
United Way of Midcoast Maine sent out this note to volunteers and partners updating everyone on the status of some of their programs.  This update features: The Covid-19 Urgent Needs Fund, 211 Maine and logistical problems facing the Diaper Project. Read more...

TD Bank Paycheck Protection Starter Link

April 6, 2020
TD Bank accepting PPP applications online Read more...

Midcoast FCU Offers Other Financial Options

April 3, 2020

At this time, Midcoast Federal Credit Union is not an SBA lender and can only refer interested parties to the SBA for guidance and programs.  However, we do have two consumer loan programs that can...

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Bath Savings Institution Guidelines for the PPP

April 3, 2020

BSI Customers are encouraged to log onto https://home.treasury.gov/cares website to fill out the application.  They can forward their application along with supporting documentation to...

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Mechainics Savings Message on the PPP

April 3, 2020
Guidance on Mechanics Savings protocol for the Paycheck Protection Program Read more...

Harpswell Coastal Academy

March 27, 2020
Harpswell Coastal Academy Starts Trimester 3 Online After Three Days of Planning and PreparationBrunswick, Maine – Harpswell Coastal Academy (HCA) kicked off Trimester 3 course online this past Thursday after three quick days of students and staff acclimating to online learning.  Last Monday, teachers and other staff members met to plan the transition not only of instruction, but also of food services, special education delivery and social services.  On Tuesday, crews (home rooms) started their first daily 9:00 a.m. online meetings. By last Thursday, all were ready for the start of online classes for the new trimester.   Read more...

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