DATE: May 27, 2026
FOR IMMEDIATE RELEASE
Contact: Jim Roche
jroche@mainebankers.com
(207) 791-8401
Maine Banks Give!
Recent survey shows Maine banks’ impact on their communities
A recent survey by the Maine Bankers Association reveals the significant impact banks have on their communities in the Pine Tree State. From over 135,000 volunteer hours logged by bank employees, to $16.6 million in charitable donations, from $4.2 billion in loans to businesses, to $2.9 billion in residential and commercial real estate loans, banks provide the support and economic fuel that keeps Maine’s economy prosperous.
“Community banking has always been about more than transactions — it’s about showing up for the people, businesses, and organizations that make Maine strong,” said Neil Kiely, president & CEO of Androscoggin Bank and chair of the board of the Maine Bankers Association. “The impact reflected in this survey speaks to the important role banks play in helping communities grow and adapt, whether through lending, volunteerism, charitable giving, or simply being a trusted local partner. Maine banks are deeply invested in the future of this state and the people who call it home.”
Maine’s banking industry employs over 7,000 working men and women across the state. Twenty-nine (29) retail banks operate 436 offices in nearly every community, assisting Maine citizens and businesses with financial decisions that improve the quality of life for everyone. With assets exceeding $44 billion, the Maine banking industry provides the financial fuel that powers the state’s economy.
Highlights from Maine banks community involvement: https://acrobat.adobe.com/id/urn:aaid:sc:us:991d3c58-8952-4dcf-a8bb-3d2b8fa31356
###