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Financial markets are currently searching for their footing. As the largest independent bank in Maine, we are free to use our best judgment-a combination of prudence and consistency-to ensure we never lose our footing.
Unlike many financial institutions these days, we’ve maintained moderation and stability in our loan underwriting, ensuring that you can always turn to us for your needs. We have never invested in risky mortgage-backed securities as other financial institutions have. We are, simply put, positioned to help our customers and all of Maine through these challenging financial times.
Please use these resources to educate yourself and stay informed. And please don’t hesitate to call any Bangor Savings Bank employee at any branch for assistance.
 Letter from the President - 64 KB
FDIC Insurance
FDIC insurance provides protection against the loss of your deposits in the event of a bank failure. To make it easier for you to calculate the FDIC insurance coverage* you require for your accounts, visit the FDIC Electronic Deposit Insurance Estimator site.
*On October 3, 2008, FDIC deposit insurance temporarily increased from $100,000 to $250,000 per depositor through December 31, 2009. Read More »
FDIC Transaction Account Guarantee Program
Bangor Savings Bank is participating in the FDIC’s Transaction Account Guarantee Program. Under that program, through December 31, 2009, all noninterest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC’s general deposit insurance rules.
CDARs® (Certificate of Deposit Account Registry Service®)
Through the CDARs service, Bangor Savings Bank can provide you with easy access to multi-million dollar FDIC protection on CD investments. With the CDARs service, you can access additional FDIC insurance coverage from many banks while working with just us.
Business Customers CDARS
Personal Customers CDARS
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