News

Bangor Savings Bank recently earned a spot in the first-ever World’s Best Banks rankings released by Forbes; ranking #22 of the 60 United States banks on the list. 

Bangor Savings Bank has received its Community Reinvestment Act (CRA) Performance Evaluation from the Federal Deposit Insurance Corporation (FDIC) for the time period of July 2015 through October 2018. The bank received an overall rating of “Outstanding” and was characterized by the evaluation as a “leader” in all three of the performance tests:  the Lending Test, the Investment Test, and the Service Test. The Outstanding rating is awarded to fewer than 8 percent of banks nationwide and is Bangor Saving’s fifth consecutive rating at the level.
 

Bangor Savings Bank Foundation launches 12th annual Community Matters More (CMM) grant program. The Foundation will give more than $140,000 to 55 local nonprofits. 

Bangor Savings Bank recently partnered with Husson University on a unique
course offering that enabled 24 bank employees to earn a master’s degree in Business
Administration.

Buoy Local, Geaghan Brothers Brewing, Gifford’s Ice Cream, and Governor’s Restaurant
find creative way to give back together.
 

The Bangor Savings Bank Foundation recently made $215,450 in grants to 18 nonprofit organizations based in Maine and New Hampshire.

Bangor Savings Bank has opened a new branch at 8 Bow Street in Portsmouth.

The Bangor Savings Bank Foundation recently made $515,000 in grants to 17 nonprofit organizations based in Maine and New Hampshire.

Since 2006 Bangor Savings Bank has reimbursed its customers over $25 million in ATM withdrawal fees. To celebrate this landmark occasion every employee will receive $25 to do a simple act of kindness.

Bangor Savings Bank President and CEO Bob Montgomery-Rice announced recently that the Bank has purchased a three story apartment building located at 170 Turner Street in Auburn. Upon regulatory approval, the site will become the Bank’s 61st branch in New England.