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News

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.

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.

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