$125,000 donated by Bangor Savings Bank Foundation to Help Non-Profits with COVID-19 Response

April 08, 2020
Bangor, ME  - As thousands of Mainers and Granite Staters struggle to cope with COVID-19, the Bangor Savings Bank Foundation announced $100,000 in grants to five area nonprofits that are focusing on food security. The Foundation is also donating an additional $25,000 during an upcoming telethon for COVID-19 response.
 
“When we have a crisis, like the one we’re experiencing right now, it affects all of us.  But it’s our friends and neighbors who are not able to work and worry about putting food on the table that need our support most right now.  We’re ready to help,” said Bangor Savings Bank President and CEO Bob Montgomery-Rice. “Connecting with partners that have a broad network will get the resources quickly out to those who need them most. We’re grateful for the work these nonprofits do in feeding our families.”
 
“Food is something so many of us take for granted, but thousands of our neighbors struggle to put enough nutritious food on their tables each week—and that struggle is now intensified as the coronavirus impacts Maine,” said Kristen Miale, president of the Good Shepherd Food Bank, one of the recipients. “The generosity of the Bangor Savings Bank Foundation will go a long way in helping us serve our most vulnerable during these unprecedented times.”
 
The money will be distributed to the following entities:

$40,000
Good Shepherd Food Bank
(Auburn & Hampden, Maine)
 
$25,000
New Hampshire Food Bank
(Manchester, NH)
 
$20,000
Locker Project
(Portland, ME)
 
$7,500
Gather
(Portsmouth, NH)
 
$7,500
NEK Community Action
(Colebrook, NH region)
 
In addition, on Thursday, April 9th, the Bangor Savings Bank Foundation will make a $25,000 gift toward COVID response during the United Way telethon in Maine.
 
“These are incredibly difficult and uncertain times for so many,” said Montgomery-Rice. “Bangor Savings Bank is there for our community - and we always will be.”  
About Us

Bangor Savings Bank, with more than $5.4 billion in assets, offers retail banking to consumers as well as comprehensive commercial, corporate, payroll administration, merchant services, and small business banking services to businesses. The Bank, founded in 1852, is in its 168th year with 57 branches in Maine and New Hampshire and on the Web at www.bangor.com. The Bangor Savings Bank Foundation was created in 1997. Together the Bank and its Foundation invested more than $2.5 million into the community in the form of sponsorships, grants, and partnership initiatives last year. Bangor Savings Bank is an equal opportunity employer.

Media Contact

Kate Rush | Bangor Savings Bank
207.974.4189
Kate.Rush@bangor.com