News

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

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

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.

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.

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.

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.

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.

The Bangor Savings Bank Foundation recently awarded $137,500 in grants to 21 nonprofit organizations in Maine and New Hampshire.

The newest parking spots for Bangor waterfront concert goers will raise money for nonprofits in the greater Bangor area.