Press Release

Saco & Biddeford Savings Institution’s donations reach six figures

SACO, Maine — Saco & Biddeford Savings recently announced that it gave close to $350,000 to area non-profits and organizations last year. With giving for Maine recently reported at record lows, Saco & Biddeford Savings continues to answer the call.

“Providing much needed funding for the arts, education, our youth, the elderly, our environment, and most importantly, serving the most vulnerable populations with food and fuel assistance, it is our mission as a mutual bank to help sustain and advance our communities,” said Kevin Savage, president of Maine’s oldest bank.

In the last 10 years, the bank has donated over approximately $3.5 million to programs in Maine. Representative organizations include: Maine Cancer Foundation, Southern Maine Agency on Aging, the Salvation Army, Habitat for Humanity, Biddeford Free Clinic, the United Way, Rotary, and hundreds of other local organizations.

Founded in 1827, Saco & Biddeford Savings, Maine’s oldest bank, has branches in Biddeford, Old Orchard Beach, Scarborough, South Portland, Westbrook, and its headquarters in downtown Saco.

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Contact: Linda Varrell

Broadreach Public Relations



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