How Bangor Savings Bank Puts Community First

 

You know, it’s not every day you come across a bank that truly cares about its community. But that’s exactly what Bangor Savings Bank is all about. For over 165 years, Bangor Savings Bank has been dedicated to enriching the lives of Mainers through community support and local investment. Whether it’s helping a small business get off the ground, supporting a local charity, or providing families the means to buy their first home, Bangor Savings Bank is there every step of the way. While other big banks seem focused on the bottom line, Bangor Savings Bank knows that real success comes from the personal relationships they build in the community. So next time you’re looking for a bank, consider one that puts its neighbors first. Bangor Savings Bank—now that’s a bank you can believe in.

The History of Bangor Savings Bank

Bangor Savings Bank opened its doors in 1852, making it Maine’s oldest chartered community bank. For over 165 years, Bangor Savings Bank has put the community first by reinvesting in local neighborhoods and supporting Maine businesses.

Bangor Savings Bank started out with just one location in Bangor, Maine. Today, they have over 50 branch locations and over 600 employees across Maine. Despite their growth, Bangor Savings Bank remains committed to personalized service and community engagement. They believe that when local communities thrive, everyone benefits.

Bangor Savings Bank shows their dedication to communities through donations, sponsorships, and volunteer work. They donate over $1 million each year to local nonprofits and community programs. Employees also volunteer thousands of hours of their time for important causes like ending hunger, supporting healthcare, and promoting education.

Bangor Savings Bank is also committed to responsible and sustainable environmental practices. They build eco-friendly branches, reduce waste, and find ways to cut costs through energy efficiency. It’s all part of their mission to ensure that Maine’s natural beauty and resources remain for generations to come.

For over 165 years, Bangor Savings Bank has put community over profits. They believe that the well-being of Maine towns directly impacts the well-being of Maine citizens. Bangor Savings Bank’s commitment to community, environment, and personalized service has allowed them to become leaders in Maine’s banking industry. Their success proves that prioritizing people over profits can lead to prosperity for all.

Bangor Savings Bank’s Commitment to Giving Back

When you bank with Bangor Savings Bank, you’re choosing a financial institution that believes in giving back. For over 165 years, Bangor Savings Bank has made community support and charitable giving top priorities.

Bangor Savings Bank donates over $1 million each year to nonprofits and community organizations across Maine. Through their Community Matters More program, they award grants to local nonprofits doing important work in areas like affordable housing, education, and job creation. Employees are also given paid time off each year to volunteer with organizations they’re passionate about.

### Commitment to Education

Bangor Savings Bank is dedicated to supporting education at all levels. They award college scholarships to graduating high school seniors and sponsor free financial literacy programs for students of all ages. Educating the next generation about smart money management is key to their mission.

  • They sponsor Junior Achievement programs which teach financial literacy to elementary and high school students.

  • They offer college scholarships for continuing education in business, finance and related fields of study.

  • Their student banking program provides resources to help students learn money skills that will benefit them for life.

When you bank locally with Bangor Savings Bank, you're choosing a bank that cares deeply about the community and is committed to making it stronger. Their charitable giving and community programs are investments in the future of Maine.

Bangor Savings Bank’s Focus on Customers



Bangor Savings Bank has always put its customers and community first. For over 165 years, Bangor Savings Bank has focused on building personal relationships with customers and supporting local organizations.

Customer Service

Bangor Savings Bank provides exceptional customer service through dedicated employees who take the time to get to know their customers personally. They offer customized solutions to meet each customer’s unique financial needs. Bangor Savings Bank has a very high customer retention rate, with many families being customers for generations.

Bangor Savings Bank offers a wide range of products and services for both personal and business banking in an omnichannel environment. This means customers can bank whenever and however they want - in person, online, mobile or phone. Bangor Savings Bank’s mobile app and online banking platforms provide customers secure and convenient 24/7 access to their accounts to check balances, pay bills, transfer funds and more.

Community Commitment

Bangor Savings Bank is passionate about supporting the communities it serves. Through financial contributions and volunteering, Bangor Savings Bank and its employees donate over $1 million and 20,000 hours of community service each year to nonprofits across Maine.

Bangor Savings Bank chooses to support organizations that provide basic human services, promote education, encourage economic opportunity, advance healthcare, and cultivate arts and culture. Some of the major beneficiaries of their community outreach programs include:

-The Bangor Region YMCA

-Eastern Maine Healthcare Systems

-The Next Step Domestic Violence Project

-University of Maine Athletics

By putting people first, focusing on exceptional customer experiences, and generously supporting local community organizations, Bangor Savings Bank has built a trusted brand and lasting legacy throughout Maine. Their community-centered approach has allowed Bangor Savings Bank to stand the test of time.

The Products and Services Offered by Bangor Savings Bank

Bangor Savings Bank offers a wide range of products and services to meet all your banking needs. From checking and savings accounts to home and auto loans, they have you covered.

Checking and Savings Accounts

Bangor Savings Bank offers free checking accounts with no monthly fees or minimum balance requirements. They also have high-yield savings accounts so you can earn interest on the money you deposit. Whether you're looking for a basic account or want to take advantage of additional benefits like ATM fee refunds, they have an option for you.

Mortgages and Loans

When you're ready to buy a home, Bangor Savings Bank offers competitive mortgage rates and a variety of loan terms to choose from. Their mortgage specialists will walk you through the process step-by-step and help you find the best option based on your needs and budget. They also offer personal loans, auto loans, and home equity lines of credit.

Online and Mobile Banking

Bangor Savings Bank's online and mobile banking platforms allow you to bank whenever and wherever is most convenient for you. You can check balances, pay bills, transfer funds, deposit checks, and more right from your computer, tablet, or mobile device. Their mobile banking app has a clean, user-friendly interface that makes it easy to navigate.

Financial Planning and Investment Services

Bangor Savings Bank's financial advisors provide investment and planning services to help you achieve your financial goals. Whether you're saving for retirement, college, or another big milestone, their advisors can create a customized plan based on your needs, risk tolerance, and timeline. They offer services like retirement planning, investment portfolio management, estate planning, and brokerage accounts.

From the accounts and tools you need for everyday banking to the services that help you plan for life's biggest moments, Bangor Savings Bank has the solutions to power your financial future. Stop by your local branch or visit their website to learn more about what they offer.

Why Choose Bangor Savings Bank for Your Banking Needs

Bangor Savings Bank has been serving Maine communities for over 175 years. Here are a few reasons why you should choose them for your banking needs:

Local Focus

Bangor Savings Bank is headquartered in Bangor, Maine and has over 60 branch locations throughout the state. They are deeply invested in the local communities they serve. They support area nonprofits, schools, and events. When you bank with Bangor Savings Bank, you're supporting your local community.

Great Customer Service

Bangor Savings Bank prides itself on providing superior customer service. They make it easy to do your banking whether in person, online, or through their mobile app. Their staff is friendly, knowledgeable, and cares about your experience. You're not just an account number.

Competitive Products

Bangor Savings Bank offers competitive interest rates on savings accounts, CDs, and mortgages. They also have a variety of checking account options with minimal or no monthly fees. Their mobile and online banking services make it easy to manage your money on the go. They even have financial advisors to help you plan for major life milestones.

Safety and Security

As an FDIC insured institution, your money is safe at Bangor Savings Bank. They use the latest technology to keep your information and accounts secure. You can bank with confidence knowing your funds are protected and your data is in good hands.

Bangor Savings Bank is an excellent choice for community banking in Maine. With their local focus, great service, competitive products, and commitment to safety, you really can’t go wrong. Open an account today and become part of their community.

Conclusion

So there you have it. Bangor Savings Bank has been an integral part of the community fabric in Maine for over 165 years. Their commitment to community, education, and environment is admirable and impactful. While big banks get bigger and more disconnected from the places they serve, Bangor Savings Bank proves that staying local and keeping community at the heart of their mission benefits both their customers and the places they call home. If you live or work in Maine, consider yourself lucky to have such a dedicated community partner. And if you don’t, you may want to move there just for the banking! Community banking at its finest, Bangor Savings Bank is leading the charge.

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