News

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.
 

Bangor Savings Bank firms plan for downtown Concord space

Bangor Savings Bank has firmed up plans for the downtown Concord properties it purchased in August of last year.

Bangor Savings Bank to Consolidate Two Branches

In an effort to respond to ever-changing customer needs and trends, Bangor Savings Bank has begun the process of consolidating branches in Monmouth and Dixfield into nearby branches.

$150K Gift to Boost Bangor Fourth of July Events

With fireworks returning to their launch site in the middle of the Penobscot River, Bangor’s Fourth of July events will see some enhancements this year thanks to a $150,000 multi-year gift from Bangor Savings Bank.

Bangor Savings, Husson Partner to Bolster Workforce, Business Students

The Bangor Savings Bank Foundation is also helping improve the academic experience for Husson students by providing a gift of $500,000 toward a new College of Business building. The funding will be given over a five year period.

Acquisition, Strong Deposit and Loan Volumes Fuel Bangor Savings Bank’s Growth

The bank finished the fiscal year, which ended on March 31, with $4.44 billion in assets, 219,000 customers, and nearly 950 employees across northern New England. The company reported net income of $33.16 million, up $9.25 million, or 38%, from the prior year.

Bangor Savings Drive Collects Record 17,164 Jars of Peanut Butter and Jelly

The 2019 Bangor Savings Bank Peanut Butter and Jelly Drive recently collected a record-setting 17,164 jars of PB&J for hunger prevention organizations throughout Maine and New Hampshire.