News

Bangor Savings Bank approves new branches for Maine, New Hampshire

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 Savings Bank and Damariscotta Bank & Trust Announce Agreement to Merge

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.
 

Bangor Savings Bank Foundation Awards $179K in Grants

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

Bangor Savings Bank to Collect Warm Coats for Kids in December

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.

Homestead, NASCAR to spotlight Austin Theriault and Travis Mills Foundation

As excitement builds for this weekend’s Monster Energy NASCAR Cup Series Championship race at Homestead-Miami Speedway, the track and NASCAR are set to bring attention to a true American hero and his Maine-based foundation.

Bangor Savings Bank Goes Green to Recognize Veterans

New Hampshire Bangor Savings Bank locations have gone green for the month of November to show support for military veterans.

Bangor Savings Bank to gift NASCAR car sponsorship to Travis Mills Foundation

The Travis Mills Foundation has been providing support and respite to combat-wounded veterans and their families since 2013. Next month, Bangor Savings Bank will put the foundation on a literal fast track for growth when it gifts its primary Monster Energy NASCAR Cup Series car sponsorship to the nonprofit for the race at Homestead-Miami Speedway in Florida. 
 

Inaugural Bangor Savings Bank Parking for a Cause Program Drives in $45,000 in Donations for Local Non-Profits

The first Bangor Savings Bank Parking for a Cause program drove in enough to make it possible for the Bank to make donations of $2,500 each to 18 area nonprofits.
 

Bangor Savings Bank Foundation Awards $49,500 in Grants

The Bangor Savings Bank Foundation recently awarded $49,500 in grants to 19 nonprofit organizations in Maine and New Hampshire.

Bangor Savings Bank named Business of the Year

The Chamber Collaborative of Greater Portsmouth recently named Bangor Savings Bank its 2019 Large Business of the Year during the chamber’s annual dinner and awards ceremony.