Androscoggin Bank is closing the branch within its longstanding headquarters at 30 Lisbon St. in downtown Lewiston and vacating the building.
The move is part of the bank’s ongoing efforts to consolidate office space in the city.
“After exploring numerous options of how to reuse the vacant space over the last year at our 30 Lisbon St. location, we concluded that rather than maintaining an underutilized space, the best option was to close this location so we can continue investing in service, technology, and staff to better serve our clients,” the bank said in a statement.
A spokesperson for Androscoggin Bank said the branch will remain open until April 30. All employees will be absorbed by the bank’s Sabattus Street and Minot Avenue locations, which offer extended hours and a full range of banking services, according to the bank.
The bank listed the Lisbon Street property for sale for $1.3 million in December of 2024, with CEO Neil Kiely saying the bank remained committed to Lewiston.
Androscoggin Bank has leased one floor in the Bates Mill No. 6 complex since the COVID-19 pandemic, and moved all the support staff and executives from Lisbon Street to Bates Mill in November 2025, leasing a second floor.
“By expanding our presence within Bates Mill No. 6 and investing in upgraded space there, we’ve actually increased our overall footprint in Lewiston while improving how our internal teams work together,” the bank statement added.
Androscoggin Bank has been in downtown Lewiston since it was founded in 1870, to serve the needs of the city’s blue-collar workers at the mills and factories.
The bank lists 12 locations in Maine and a loan production office in Portsmouth, New Hampshire.
“Occasionally, a business needs to make decisions regarding operations, and I understand that,” Lewiston Mayor Carl Sheline offered in an emailed statement Tuesday afternoon. “Nonetheless, Androscoggin Bank is one of Lewiston’s oldest businesses and their commitment to our city remains ever strong.”
Anyone who wants to submit a comment on the move must file it with the Federal Deposit Insurance Corp. within the applicable 15-day public comment period, which began Feb. 3. The regulator does not have the authority to approve or prevent the closing.
The address for comments is: Federal Deposit Insurance Corp., 1100 Walnut St., Box 11, Kansas City, Missouri 64106.
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