Our Story

In 2016, Biddeford Savings and Mechanics Savings recognized the greater service and value we could bring our customers by forming a partnership. Operating under a mutual holding company, Maine Community Bancorp, the alliance enabled us to combine our resources without losing our core identities as community banks with a rich local history.

On January 1, 2020, the two banks merged under the single charter of Maine Community Bank. This step allows us to increase our lending capacity, expand the full-service branch locations available to all of our customers, and remain competitive by upgrading our technology. While both companies will operate as divisions of Maine Community Bank, they will also maintain the Biddeford Savings and Mechanics Savings identities that our customers have come to trust over the past 150 years.

Now the Maine Community Bank family is finding ways to more actively leverage investment in our communities. We are able to increase our lending capacity to small businesses, combine our community investment and philanthropy to make a greater impact, and increase the opportunities for growth available to our employees.

We are excited to be a local mutual bank who is both on your corner and in your corner, now and for generations to come.