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.
Today, Maine Community Bank is finding ways to more actively leverage investment in our communities. We have increased our lending capacity to small businesses, combined our community investment and philanthropy to make a greater impact, and increased the opportunities for growth available to our employees.
We are excited to be a local community bank who is helping to build a brighter community, 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.
Be Strategic and Act with Purpose
We are committed to our vision and setting the necessary strategic path to achieve it. We will set goals and measure them on our path to be the “bank of choice” for customers and employees.
Be Accountable and Strive for Excellence
We will be accountable to our peers and the bank in words and actions. We will take shared responsibility for goals and empower fellow employees to make positive strategic changes even when those changes may be difficult.
Be a Supportive, Transparent, and Bonded Workforce
We will work together to foster a foundation of trust with one another, communicate transparently, and be unafraid to have challenging conversations when necessary. We will highlight our collective accomplishments and support initiatives bank-wide.
Be Community Focused Inside and Out
We promote a company culture that is focused on giving back through community service and philanthropic endeavors, and we provide targeted financial services to help local businesses and individuals thrive.
Be Engaged and Have Fun Through Work
We encourage and promote a friendly, engaging, and supportive work environment where people like to be.
Annual Report2021 Annual Report
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