Our success is Maine’s success!
At Bangor Savings Bank, as we invest in the people and communities throughout Maine, we’d like to share the stories of our successes and our challenges. Because they are your successes and challenges, too. Whether opening a new branch, or announcing our new services, like our online banking services or our statewide giving program Community Matters More, we want to keep you informed.
Bangor Savings Bank Sets $15 Starting Wage
Bangor Savings Bank has raised the minimum rate it pays employees in all positions to $15 per hour, effective Feb. 25, 2018.
Merger of Bangor Savings Bank and Granite Bank Approved by Regulators and Stockholders
Bangor Bancorp, MHC, parent company of Bangor Savings Bank and Colebrook, New Hampshire-based First Colebrook Bancorp, Inc. ("First Colebrook") (OTCQX: FCNH), parent company of Granite Bank, jointly announced today that First Colebrook stockholders have approved the previously announced merger transaction...
Voting Open for Community Matters More Grants
Voting is open for the Bangor Savings Bank Foundation's annual Community Matters More grant-making initiative.
Bangor Savings Bank and Granite Bank Announce Agreement to Merge
Bangor Savings Bank further expands its footprint in northern New England.
Bangor Savings Bank Donates Mobility Aids to Nonprofits
Bangor Savings Bank has teamed up with a Maine startup to share the company's flagship product with nonprofit organizations that assist people with mobility issues.
Bangor Savings Bank Joins FAME Program to Provide Student Loans, Refinancing/Consolidation
Bangor Savings Bank is the newest partner in the Finance Authority of Maine's network of local lenders providing private student loans and education debt refinancing/consolidation.
Bangor Savings Bank Opens New Hampshire Business Office
Bangor Savings Bank has expanded its footprint outside of Maine for the first time with the announcement this week that it is opening a loan production office in Portsmouth, New Hampshire.
Bangor Savings Bank to Renovate Biddeford Building, Relocate Staff
Bangor Savings Bank will renovate a former Bank or America building on Main Street in Biddeford with plans to open a new branch with business offices in 2018.
Bangor Savings Bank First to Offer Dual-Interface Card, Announces Record Earnings
Bangor Savings Bank announced today that it is the first Maine-based bank to provide debit cards that feature Tap and Pay (or NFC) technology, enabling safer, contactless transactions at retailers.
Bangor Savings Bank Collects More Than 12,000 Jars of PB&J for Maine Food Pantries
The 2017 Bangor Savings Bank Peanut Butter and Jelly Drive recently piled up more than 12,000 jars of PB&J for food pantries throughout Maine.
Bangor Savings Bank Celebrates 6th Year as Top Maine SBA Lender
Bangor Savings Bank recently celebrated its sixth consecutive honor as Maine's top Small Business Administration (SBA) lender at a gathering in Portland.
Biddeford Mills Museum Receives a Gift of $30,000 from the Bangor Savings Bank Foundation
A gift of $30,000 from the Bangor Savings Bank Foundation will enable a new exhibit created by the Biddeford Mills Museum to open to the public.
Bangor Savings Bank Foundation Announced Grant Winners for $100K Community Matters More Program
A wildlife sanctuary, firefighters' association, food pantry, and community bicycle center are among the 2017 grant recipients for the Bangor Savings Bank Foundation's Community Matters More program.
Bangor Savings Bank Foundation Awards $58K in Statewide Grants
The Bangor Savings Bank Foundation made grants to 13 organizations totaling $58,500 during the last quarter of 2016.
Bangor Savings Bank Becomes First Corporate Partner for Tip Whip Transportation Service
Bangor Savings Bank has invested $10,000 in Tip Whip, the local, app-based, peer to peer transportation service that provides tip-only rides for college students.
Bangor Savings Bank to Invest in new State-of-the-Art Branch in Millinocket
Bangor Savings Bank will begin renovation and construction this spring on a building at 79 Central Street in Millinocket to create a new bank branch for the community.
Bangor Savings Bank Opens Augusta Community Drive Branch
Bangor Savings Bank held a grand opening celebration to mark the official opening of a new full-service branch in Augusta.
Voting Open for Community Matters More Grants
Bangor Savings Bank Foundation Program to allocate more than $100K to 40 Maine nonprofits.
Bangor Savings Bank to Invest in Bangor Waterfront Campus to Accommodate Growth
Bank announces long term plan to relocate more than 350 employees in a multi-phased project.
Bangor Savings Bank Increases its Minimum Rate-of-Pay
Bangor Savings Bank announced that it has raised the minimum rate it pays employees to $14 per hour which took effect earlier this month. This is the Bank's second minimum rate of pay increase in 2016.
Bangor Savings Bank Warns Customers About a Text-Based Phishing Scam
Andrew Grover, Bangor Savings Bank Senior Vice President and Chief Risk Officer has released a statement about a text-based phishing scam that has worked its way through Maine. The alert specifically asks recipient to contact Bangor Savings Bank at a specific number which is not Bangor Savings Bank.
Bangor Savings Bank Purchases Buoy Local Gift Card Company
Buoy Local and Bangor Savings Bank both share a passion for supporting and strengthening Maine's small businesses. The acquisition was a natural next step to further strengthen the company and expand it to more Maine communities.
Bangor Savings Bank Holds Grand Opening for Brunswick Branch, Announces $200K Gift to Community Colleges
The Brunswick location is the final project in a $10 million investment into southern Maine. In addition to celebrating the opening, a $200,000 gift to the The Foundation for Maine's Community Colleges to support educational opportunities for students throughout Maine.
Bangor Savings Bank Foundation Celebrates $250K Gift to Eastern Maine Medical Center's Neonatal Unit
The EMMC capital campaign gift of $250,000 from the Bangor Savings Bank Foundation went directly to the larger, modernized and family-friendly NICU.
Bangor Savings Bank Opens $5 Million Marginal Way Branch, Business Offices
The Marginal Way location is part of a $10 million investment into southern Maine which began in January.
Bangor Savings Bank Reaches 15 Straight Years of Earnings Growth, Adds Over 30K Deposit Accounts
Bangor Savings Bank announced record earnings at its 164th Annual Meeting.
J.D. Power and Associates® Ranks Bangor Savings Bank Highest in New England for Retail Banking Customer Satisfaction for Second Consecutive Year
Bangor Savings Bank has received the highest score among qualifying retail banks in the New England region in the J.D. Power 2016 Retail Banking Satisfaction StudySM.
Bangor Savings Bank Collects 12,645 Jars of PB&J for Maine Food Pantries
The 2016 Bangor Savings Bank Peanut Butter and Jelly Drive recently piled up a record-setting 12,645 jars of PB&J for food pantries throughout Maine.
Bangor Savings Bank Foundation Announces Grant Winners for $100K Community Matters More Program
A rabbit rescue, a surfing program for children with special needs, a living history farm and museum, and a county firewood bank are among the 2016 grant recipients for the Bangor Savings Bank Foundation's Community Matters More program.
Small Business Administration Names Bangor Savings Bank Top Lender in Maine for Fifth Year
Bangor Savings Bank has provided SBA funding to 368 new or existing businesses since 2011. In 2015, the bank provided $11.34 million in loans to 96 small businesses.
Bangor Savings Bank Appoints New Board Member
At a recent Board of Directors meeting, Bangor Savings Bank approved the appointment of Sari Greene as Director of Bangor Savings Bank, the Bangor Savings Bank Foundation, and Trustee of the Bank's parent company, Bangor Bancorp, MHC.
Community Matters More Voting Begins February 1, 2016
The Bangor Savings Bank Foundation will allocate $100,000 to 68 nonprofits statewide, based on votes cast by Maine residents.
Bangor Savings Bank Opens New Branch in the Old Port
Full Service bank at 77 Middle Street offers easier customer access and better parking.
Bangor Savings Bank Increases its Minimum Rate-of-Pay
Bangor Savings Bank announced today that it has raised the minimum rate it pays employees to $13 per hour.
Bangor Savings Bank Announces Branch Consolidations
Bangor Savings Bank announced today it will consolidate four of its branches into nearby branches.
Bangor Savings Bank to be Title Sponsor of UMaine Women's Basketball
UMaine Athletics and Black Bear Sports Properties, its exclusive multimedia rights holder, announced today that Bangor Savings Bank will be the title sponsor of the UMaine women's basketball for the next three seasons beginning with the 2015-16 season.
Bangor Savings Bank Investing Nearly $10 Million in Southern Maine Expansion
Along with bank employees, board members, customers and Portland city officials, Bangor Savings Bank announced today it will invest nearly $10 million in expansion plans for greater Portland.
Buoy Local Announces Partnership with Bangor Savings Bank, hits $100K Milestone
Portland-based gift card company Buoy Local is reporting strong growth in 2015 and announcing a partnership with Bangor Savings Bank will help them expand their reach to new cities in Maine.
Bangor Savings Bank Announced as Top Community Bank Leader in Social Media
The Independent Community Bankers of America (ICBA) highlights 50 community banks excelling at social media in annual list.
Bangor Savings Bank Reports Record Earnings and Steady Growth in Deposits
Bangor Savings Bank focuses on customer satisfaction to achieve 14th straight year of growth.
Power and Associates® Ranks Bangor Savings Bank Highest in New England for
Retail Banking Customer Satisfaction
Bangor Savings Bank has received the highest score among qualifying retail banks in the New England region, based on study results released by J.D. Power, a global market research company that represents the voice of the customer.
Bangor Savings Bank Celebrates Opening of its New Ogunquit Branch
Bangor Savings Bank held a ribbon-cutting ceremony today to mark the official opening of its new branch in Ogunquit. The newly renovated building, located at 196 Main Street, houses a full-service bank branch and offers customers convenient access and plenty of parking.
Bangor Savings Bank Foundation Announces Recipients of 2015 Community Matters More Grants
Once again, Bangor Savings Bank Foundation will donate $100,000 to nonprofits across Maine as part of their annual Community Matters More program. Thousands of Mainers voted and 68 Maine nonprofit organizations will benefit by receiving grants.
Bangor Savings Bank Food Drive Provides 10,162 Jars of PB&J for Hunger Relief
During the month of March, a total of 10,162 jars of peanut butter and jelly were collected in response to a unique, annual food drive overseen by Bangor Savings Bank.
Maine Foundations Donate $75,000 to Address Urgent Community Needs Due to Maine Mill Closings
The Maine Community Foundation, John T. Gorman Foundation and Bangor Savings Bank Foundation announced today they are providing $75,000 to address immediate needs of displaced workers and their families, as well as other community members, who have been affected by recent mill closures in northern and eastern Maine.
Bangor Savings Bank Launches Annual Peanut Butter and Jelly Drive to Support Maine Food Pantries
Bangor Savings Bank is stepping forward again in an effort to fight hunger.
Ready, Set, Vote: Community Matters More Kicks off February 1
The Bangor Savings Bank Foundation will allocate $100,000 to 68 non-profits statewide, based on votes cast by Maine residents.
Bangor Savings Bank to Add New Ogunquit Branch
Bangor Savings Bank is expanding its presence in York County by opening its newest branch at 196 Main Street in Ogunquit.
Bangor Savings Bank Appoints New President, Confirms CEO Transition Plan
Bangor Savings Bank Board of Directors appointed Bob Montgomery-Rice as President, effective January 1, 2015, and CEO and Director, effective April 1, 2015. Jim Conlon will remain as CEO until April 1, 2015 and will continue thereafter as a member of the Board of Directors.
Bangor Savings Bank Reports Record Earnings, Steady Growth in Core Deposits and New Loans
Bangor Savings Bank focuses on customer satisfaction to achieve 13th straight year of growth.
GOBankingRates.com Names Bangor Savings Bank One of the Best U.S. Banks for Baby Boomers
Bangor Savings Bank was recently included in a list of banks rated the highest for offering services tailored to the Baby Boomer generation.
Bangor Savings Bank Tops MaineHousing's Lending List for First-time Homebuyers
Bangor Savings Bank is the lead lender for 2013 for MaineHousing's Home Mortgage Program, providing 112 home mortgages totaling $12.8 million.
Bangor Savings Bank is recognized as a J.D. Power 2014 Customer Champion
Bangor Savings Bank is one of only 50 companies to receive this honor in the U.S.
Bangor Savings Named Top Small Business Lender for 2013
Bangor Savings Bank was the top Small Business Administration (SBA) lender in Maine in 2013, providing $10.4 million in loans to 74 new or existing businesses.
State-of-the-Art Branch to Open in York
Bangor Savings Bank will relocate their current York Branch on Moulton Lane to a larger, full-service, energy efficient branch at 460 U.S. Route 1 in York in 2014.
New Board Leadership Announced
Bank President and CEO, Jim Conlon, welcomes Dr. Robert Strong and Gena Canning as Chairman and Vice Chair, respectively.
Bangor Savings Bank Reports Record Earnings
Strong loan production totals, significant growth in customer deposits, and record earnings were announced at the 161st annual meeting on June 24th.
J.D. Power and Associates Ranks Bangor Savings Bank Highest in New England for Customer Satisfaction
Bangor Savings Bank received a satisfaction score of 831 out of a possible 1,000 points, ranking the Bank highest for New England.
2013 Community Matters More Winners
More than 80,000 Mainers voted and 68 Maine nonprofit organizations will benefit by receiving grants, totaling $100,000.
57th Bangor Savings Bank Branch Location Opens in Augusta
The new building features a full-service bank branch, state of the art employee training and meeting facility, and office space for other banking and business services.
2013 Community Matters More Voting Gets Underway
The Bangor Savings Bank Foundation will allocate $100,000 to 68 nonprofits statewide, based on public voting.
Bringing Holiday Cheer to Maine Veterans
Employees from the Houlton branch traveled to the Maine Veterans Home in Caribou just before Christmas, delivering holiday greeting cards and a special gift.