News

Now in 13^th year, giving to non-profits determined by online voters; more than $140,000 distributed
 

Today, Bangor Savings Bank announced a series of updates related to COVID-19. The bank has decided to temporarily close five of its 57 branches and modify hours throughout the rest of its footprint across Maine and New Hampshire.

Today, Bangor Savings Bank announced proactive measures to allow for social and physical distancing of employees and customers while continuing all banking functions and services.

The Bangor Savings Bank Foundation recently awarded $40,461 in grants to 13 nonprofit organizations in Maine, New Hampshire, and Vermont.

Voting for the 13th annual Bangor Savings Bank Foundation Community Matters More grant program will begin Feb. 1.

Northeastern University announced today that Bangor Savings Bank is a founding partner of The Roux Institute at Northeastern University set to open this spring in Portland.

The board of directors of Bangor Savings Bank recently approved the construction of branch offices in Maine and New Hampshire, according to bank President and CEO, Bob Montgomery-Rice.

Bangor Bancorp, MHC, parent company of Bangor Savings Bank, and Maine-based Damariscotta Bankshares, Inc. (OTC: DMSQ) (“Damariscotta”), parent company of Damariscotta Bank and Trust Company (“DB&T”), today jointly announced entry into a definitive agreement pursuant to which Damariscotta Bankshares, Inc. will be combined with Bangor Bancorp, MHC and Damariscotta Bank & Trust (DB&T) will merge into Bangor Savings Bank. The merger agreement was unanimously approved by the Boards of Directors of both bank holding companies and their subsidiary banks.
 

The Bangor Savings Bank Foundation recently awarded $179,614 in grants to 19 nonprofit organizations in Maine.

All Bangor Savings Bank locations in Maine will be drop-off spots for the 37th annual Coats and Toys for Kids campaign during the month of December.