BANGOR — Bangor Savings Bank Foundation announces grants awarded to area organizations through its Community Matters More program. The 9th annual grant awards total $100,000 to 68 Maine nonprofit organizations chosen. Thousands of Mainers voted during February for 2,897 nonprofits located in every Maine county. The top vote-getters, including write-ins, in eight regions of the […]
Bangor Savings Bank
Posted inBusiness
Bangor Savings Bank sets its minimum wage at $13 an hour
BANGOR — Bangor Savings Bank announced Monday it will pay all employees a minimum rate of $13 per hour beginning this month. In a statement released Monday, the bank said it has been increasing its minimum entry-level hourly pay for the past two years as part of an initiative to “pay a living wage to […]
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Posted inBusiness, Lewiston-Auburn
Bangor Savings Bank to close a Farmington branch
Bangor Savings Bank plans to close one of its two Farmington branches, along with three other branch locations in Howland, Hartland and East Millinocket, the company announced in a news release. Customers were notified by mail last week, and, pending regulatory approval, the closures will take place sometime between March 25, 2016, and the end […]
Posted inMaine, sj-web
Portland police arrest bank robbery suspect
PORTLAND — Police say a Portland man armed with a handgun robbed a bank— the latest in a rash of eight bank robberies in the city since May. Police say 58-year-old Francis Ready entered the Bangor Savings Bank branch at around noon Monday and demanded cash from tellers. Ready then allegedly fled with an undisclosed […]
Posted inBusiness
YPLAA After Hours Sept. 8
LEWISTON — The Young Professionals of the Lewiston Auburn Area will hold a YPLAA After Hours event from 5 to 7 p.m. on Tuesday, Sept. 8, at Bangor Savings Bank, 882 Lisbon St., Lewiston. YPLAA After Hours monthly events are a chance for young professionals to get together for nibbles and networking, cocktails and conversation. Reconnect […]
Posted inBusiness
Bangor Savings executive to lead Maine Development Foundation
Bangor Savings Bank executive and Holden resident Yellow Light Breen has been named the next head of the Maine Development Foundation, created by state government in 1978 to boost Maine’s economy. The foundation announced Tuesday that its board of directors selected Breen to succeed Harold Clossey, who retired for health reasons in May, as its […]
Posted inAdvertiser Democrat, Oxford Hills
Economic rescue effort underway for MGA Cast Stone
OXFORD — Local economic leaders are working on efforts to rescue concrete and stone manufacturer MGA Cast Stone Inc. after the company hit financial rough waters, officials said Thursday. The company, which supplies architectural precast concrete and cast stone products to customers throughout New England and the northeastern United States, owes up to $1.64 million in loans and […]
Posted inFranklin, The Franklin Journal
UMF internship program receives second grant
FARMINGTON — The Bangor Savings Bank Foundation is providing a second three-year grant of $45,000 to the University of Maine’s Partnership for Civic Advancement, the university has announced. “We are indeed proud of the considerable accomplishments of the UMF Partnership for Civic Advancement,” Kathryn A. Foster, UMF president, said, “and deeply grateful for the Bangor […]
Posted inBusiness
Naylor joins Bangor Savings
LEWISTON — Bangor Savings Bank announced the appointment of Mick Naylor as mortgage development officer for the Lewiston-Auburn area. Naylor earned his bachelor’s degree at Butler University. He came to Bangor Savings with more than 20 years of extensive knowledge in the mortgage industry. His community involvement included working with Rebuilding Together and Habitat for Humanity. […]