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.
We treat our customers like owners and pride ourselves on going above and beyond to deliver exceptional service. This means banking with real people who know you personally and are there for you through any situation.
Employer of Choice
Our customers value the personal relationships with our team members which is why we treat them as our greatest asset. We believe in personal and career development and always strive to promote from within.
Investing in a Shared Future
We believe that when we support our communities, we can create a ripple effect that will have a profound impact for generations to come. It is why we have developed a company culture that is focused on giving back through community service and philanthropic endeavors, and providing financial services to help businesses and individuals thrive.
“Local” Means “Local”
When it comes to our customers, we don’t outsource our decision making process through an underwriter located hundreds or thousands of miles away. Decisions are made right here in Maine, by banking specialists who know you personally and are with you every step of the way.
Bank with Integrity
Our longevity over the years has been rooted in a refusal to compromise on our commitment to our one-on-one approach to our customers and our community at large. And while we honor the legacy we have created, we also know that it is not enough to rest on our laurels. We remain committed to finding new ways to always stay competitive in support of our customers.
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