Building a Better Maine
for All of Us
For over 150 years, we have been fully invested in Maine’s future. Our goal is simple: to create a thriving, connected, and empowered state. We do this by putting our resources where our heart is—in our communities.
With nearly $3 billion in assets and a full range of smart, personalized products and services, we’re helping Maine’s families, businesses, and neighborhoods prosper. As a mutual bank, we’re owned by our depositors and committed to investing in our shared future, supporting local businesses through loans and advisory services, and offering products and technology that meet the needs of our customers.
We also invest directly in our community through philanthropy, funding nonprofit organizations that strengthen the places we call home.
Introducing The Biddeford, Gorham, and Mechanics Savings Foundation
The Biddeford, Gorham, and Mechanics Savings Foundation is dedicated to making a meaningful and immediate impact in the lives of Mainers. Our mission is to support individuals and families within our communities by addressing their basic needs and fostering financial empowerment.
Focused on health, housing, hunger, and aspiring youth, the Foundation works to help the next generation overcome inequality and build unity across diverse communities.
Celebrating and Elevating Our Entrepreneurs
Every year since its inception in 2013, the bank has awarded a no-strings-attached $50,000 LaunchPad Grant to one promising Maine small business—plus a number of secondary grants to emerging startups and other worthy entrepreneurs. In its first 11 years, Maine’s premier small business competition has awarded innovative local startups and small businesses nearly $600,000 in funds and services, helping to propel Maine’s entrepreneurs and foster a thriving business community.
Supporting Healthy Maine Communities
Maine affords us endless opportunities to get outside and be active. Which is great because healthy people make for healthy communities. From sponsoring The Maine Marathon to supporting MaineHealth, St. Mary’s, and the Barbara Bush Children’s Hospital—even our employee-led fundraising and participation in the American Heart Association Heart Walk—we’re working hard to keep every Mainer healthy, well, and moving forward.
Providing Hope Through Hunger Relief
We believe that no one should have to worry about where their next meal will come from, which is why we partner with local organizations like Trinity Jubilee and local food banks to provide essential support. Whether through financial donations, volunteer efforts, or fundraising campaigns, we are committed to helping ensure that families and individuals have access to the nutritious food they need to thrive. Together, we can make a lasting impact and help build a more food-secure tomorrow.
Building Stronger Communities Through Affordable Housing Partnerships
We partner with local organizations to invest in affordable housing initiatives, ensuring that safe, stable housing is within reach for all members of our community. With personalized service and a focus on long-term success, we’re proud to help build stronger, more vibrant neighborhoods where everyone can thrive.
Promoting Financial Literacy and Aspiring Youth
At MCB, we understand that financial literacy is crucial to financial empowerment, which is why we’re dedicated to making a difference in Maine—extending our efforts beyond schools to all levels of society.
- Partnering with CA$H Greater Portland to offer free tax preparation.
- Providing high schools with free Financial Scholars Program.
- Hosting workshops, job shadows, and scholarships for students of all ages.
- Investing in initiatives like FocusMaine and the Alfond Foundation to support early childhood education and STEM initiatives.
- Collaborating with Boys and Girls Clubs and Junior Achievement to foster financial education and empowerment among young people, ensuring they have the tools they need for a bright future.