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.
Our Values. Our Promise to You.
For over 150 years, Maine Community Bank has operated on simple values that have guided us through every interaction with our customers.
Customer Promise
We treat our customers like owners and pride ourselves on going above and beyond to deliver exceptional service. We will honor the trust placed in us by operating prudently and responsibly while holding ourselves to the highest ethical standards.
Employer of Choice
We provide a challenging and respectful work environment that supports personal growth, encourages healthy lifestyles, promotes teamwork, creates a culture of accountability, and rewards performance excellence.
Citizenship
We believe our success depends upon the health of the communities we serve. We will contribute to the quality of life through volunteerism and charitable giving as well as by providing financial services that help businesses and individuals prosper.
Initiative
We are a bank that never stops improving itself and our operations for the benefit of our customers and employees.
Financial Strength, Stability and Growth
We will aspire to consistently achieve reasonable growth and profitability while managing the bank in a manner that promotes sound financial principles.
Annual Report
2020 Annual ReportOur Management Team
Our Board
Back Left to Right: Joyce Haley, Edward Snook, Amy Landry, Jeffrey Worthing, Jeanne Hulit, Stephen Bryant, Carl Goodwin, Elaine Runyon, Alan Hahnel
Front Left to Right: Wayne Sherman, Sandra Dolby (retired), Jon Oxman, Thomas Wells, Peter Chapman (retired), Keith Jacques