Our Commitment to Financial Wellness
This past year, we continued to focus efforts that encourage financial wellness for our employees, customers, and communities. Our initiatives included products and services designed to help improve financial accessibility and management, as well as education and programs aimed at enhancing the financial well-being of our employees. These efforts reflect our unwavering commitment towards greater financial health in our communities.
Collaboration with Financial Health Network
Employee Wellness Survey: Partnering with the Financial Health Network, we conducted an employee Financial Wellness Impact Study to better understand what wage and benefits strategies help enable our employees to financially thrive.
Comprehensive Benefits to Drive Wellness
Compensation Study: When our employees are cared for, they are better positioned to provide an exceptional You Matter More experience. We provide employees robust benefits to support financial wellness. From emergency and health savings accounts, to tuition reimbursement and an employee relief fund for when our employees need the extra support, we’re here to help.
Financial Wellness Courses for Employees and the Community
Financial Wellness: We offer financial wellness courses to support both our employees and the communities we serve. For employees, these courses are designed to strengthen their financial literacy and empower informed decision-making. For the broader community, Bangor Savings Bank partners with local organizations to deliver free educational sessions, sharing practical strategies on topics like credit improvement, saving, homeownership, debt management, and fraud prevention. These efforts reflect our commitment to helping individuals build stronger financial futures.
everblue® Credit Cards
Credit Building Credit Card: More than a year ago, we launched our everblue® Credit Card suite, offering our customers the choice of credit cards with world-class features designed and supported by Bangor Savings Bank. Among these, the everblue® Credit Building Card is designed to help individuals build or rebuild their credit, providing a pathway to improved financial stability.
Social Media Tips and Digital Branch Displays
Customer Engagement: We launched a series of practical financial tips and advice through social media and digital branch displays, helping our customers navigate their financial journeys more effectively.
Launch of the pling® Teen Card1 & App2
Teen Financial Wellness: The pling® teen card1 and app2 were created to teach teenagers about managing money wisely from a young age, with tools, resources, and parental oversight.
Bangor Savings Bank is proud to partner with Ace and Cooper Flagg to promote pling® empowering teens with financial responsibility and independence. Learn more about our partnership.
1 The pling® card is a prepaid debit card that accesses the account owner’s funds held in a Teen Sub-Account, not a debit card that accesses a checking account. See the pling User Agreement for more information.
2 Message and data rates may apply.