The Maine Bankers Association (MBA) represents Maine’s banking industry and its 9000 employees statewide. Maine’s 29 retail banks operate 454 offices in nearly every community throughout the state, where they assist Maine’s citizens and businesses with financial decisions that improve the quality of life for everyone. With assets exceeding $36 billion, the Maine banking industry is the economic engine for our state.
In 2020, the members of our association participated in their communities with:
- $5,558,495,199 in residential real estate loans
- $6,037,268,237 in commercial loans to businesses
- $16,517,338 in charitable donations by banks
- $491,068 raised for community causes by bank employees
- 90,950 hours volunteered by bank employees to their communities
The Maine Bankers Association provides Maine banks with a forum to exchange valuable industry information; gain maximum representation in state and federal legislative and regulatory matters; receive education, training and staff certification; and wield greater collective purchasing power.
OUR MISSION STATEMENT
The Maine Bankers Association has served Maine’s banking industry since 1893. The Association offers industry representation in legislative and regulatory matters at the state and federal level. It sponsors educational programs and forums for banks to exchange valuable industry information. The Association also sponsors insurance programs, provides regulatory and compliance assistance and facilitates media relations on behalf of member banks.
MBA’s website is focused to provide updates relating to state and federal legislative and regulatory issues, membership news, a calendar of educational opportunities, a guide to the banking community in Maine, a resource for vendors and citizens seeking specific bank contacts and the reference source for all information regarding Maine’s banking community.