Bangor Savings Bank to Renovate Biddeford Building, Relocate Staff

July 19, 2017
For More Information:
Carol Colson
Bangor Savings Bank
(207) 990-6465
carol.colson@bangor.com

BIDDEFORD, Maine – Bangor Savings Bank will renovate a former Bank of America building on Main Street in Biddeford with plans to open a new branch with business offices in 2018.

The building at 208 Main Street was constructed in 1915 and is within the Biddeford Main Street Historic District. It has been vacant since 2014. Bangor Savings Bank plans to renovate the interior of the building for a retail banking branch with an on-site drive thru, and will relocate credit, merchant services and mortgage development staff from other Biddeford locations to the new space.

“We are excited to breathe new life into an historic Main Street property, and give our retail banking customers a more convenient location with drive-thru service,” said Bangor Savings President and CEO Bob Montgomery-Rice. “Great things are happening in downtown Biddeford, and we look forward to providing the community with personal and business banking services from a central location.”

Jim Donnelly, the bank’s executive vice president and chief consumer officer added, “We are constantly looking for ways to improve the customer and employee experience. The design and functionality of this new branch will deliver an improved customer experience and give our employees a great work environment from which we can deliver that great experience.”

The building renovation is expected to begin in October. Current Bangor Savings locations on Main Street and Washington Street will remain open until the project is completed.
About Us

Bangor Savings Bank, with more than $6 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 169th year with more than 60 branches in Maine and New Hampshire and business and/or loan production offices in Maine, New Hampshire, and Massachusetts. Bangor Savings Bank and The Bangor Savings Bank Foundation have invested more than $3.4 million into the community in the form of sponsorships, grants, and partnership initiatives last year. Bangor Savings Bank is an equal opportunity employer and can be found on the Web at www.bangor.com. Member FDIC.

Media Contact

Jaclyn Fish | Bangor Savings Bank
207.974.2555
Jaclyn.Fish@bangor.com