What Does Machias Savings Bank Do?

Total employees309
HeadquartersMachias
Founded1869

Machias Savings Bank is a mutual savings bank founded in 1869, headquartered in Machias, Maine. It is dedicated to serving the financial needs of individuals, families, and businesses throughout Maine. The bank offers a comprehensive suite of services including personal and business banking, mortgages, loans, and digital banking solutions. Known for its strong community involvement and customer-centric approach, Machias Savings Bank emphasizes building long-term relationships and contributing to the economic well-being of the regions it serves.

Where Is Machias Savings Bank's Headquarters?

HQ Function

Serves as the primary administrative and operational center for the bank, overseeing strategic direction, core banking functions, risk management, and support for its statewide branch network.

Notable Features:

The headquarters building is a significant local landmark in Machias, reflecting the bank's long-standing history and commitment to the community. It likely combines traditional architectural elements with modern banking facilities.

Work Culture:

The work culture at Machias Savings Bank's headquarters is characterized by a strong sense of community, collaboration, and customer focus. Employees are encouraged to be active in local initiatives, reflecting the bank's values.

HQ Significance:

The headquarters in Machias is historically significant as the birthplace of the bank and represents its enduring commitment to its Downeast Maine roots, even as it has expanded its services across the state.

Values Reflected in HQ: The headquarters reflects values of stability, community trust, customer service, local heritage, and financial stewardship.

Location:

Machias Savings Bank's operations are primarily focused within the state of Maine, USA. It does not maintain physical international branches. However, customers can access their accounts and certain banking services globally through online banking, mobile banking platforms, and ATM networks that have international reciprocity.

Street Address:

4 Center Street, P.O. Box 318

City:

Machias

State/Province:

ME

Country:

USA

Where Else Does Machias Savings Bank Operate Around the World?

Bangor, ME, USA

Address: 581 Wilson Street, Brewer, ME 04412 (Serves Bangor area)

To serve the banking needs of individuals and businesses in the Greater Bangor area, a significant commercial center in Penobscot County.

Portland, ME, USA

Address: 15 Monument Square, Portland, ME 04101

To support the vibrant economic activity in Portland and Cumberland County, catering to both personal and commercial banking requirements.

Ellsworth, ME, USA

Address: 93 High Street, Ellsworth, ME 04605

To act as a financial partner for the residents and businesses in Ellsworth and surrounding communities, a gateway to Acadia National Park.

Buying Intent Signals for Machias Savings Bank

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Machias Savings Bank? Meet the Executive Team

As of April 2025, Machias Savings Bank' leadership includes:

Larry Barker - President and Chief Executive Officer
Karen Tracy - Executive Vice President, Chief Financial Officer
Jonathan Alley - Executive Vice President, Chief Experience Officer
Danielle Marquis - Executive Vice President, Chief Risk & Information Security Officer
Susan Albee - Executive Vice President, Chief Administrative Officer

Who's Investing in Machias Savings Bank?

Machias Savings Bank has been backed by several prominent investors over the years, including:

As a mutual savings bank, Machias Savings Bank is owned by its depositors rather than by stockholders or private investors. This structure means its primary accountability is to its customers and the communities it serves.

What Leadership Changes Has Machias Savings Bank Seen Recently?

Hire0
Exits0

No major publicly announced executive hires or departures have been identified for Machias Savings Bank in the past 12 months. The leadership team appears to be stable. Any changes are typically announced on their official website or through local business press.

What Technology (Tech Stack) Is Used byMachias Savings Bank?

Discover the tools Machias Savings Bank uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Machias Savings Bank Email Formats and Examples

Machias Savings Bank commonly uses the email format combining the first initial and last name, or the full first name followed by a period and then the last name, followed by '@machiassavings.bank'.

[first_initial][last_name]@machiassavings.bank (e.g. jdoe@machiassavings.bank) or [first_name].[last_name]@machiassavings.bank (e.g. jane.doe@machiassavings.bank)

Format

lbarker@machiassavings.bank

Example

80%

Success rate

What's the Latest News About Machias Savings Bank?

machiassavings.bankAugust 17, 2023

Machias Savings Bank Recognized as One of the 2023 Best Places to Work in Maine

Machias Savings Bank announced it has been named one of the 2023 Best Places to Work in Maine. This recognition highlights the bank's commitment to creating a positive and supportive work environment for its employees....more

machiassavings.bankJune 7, 2023

Machias Savings Bank Pledges $250,000 to Support Cancer Care in Aroostook County

Machias Savings Bank has pledged $250,000 to Northern Light A.R. Gould Hospital’s Keeping Care Local campaign. The funds will support the expansion of cancer care services available to residents of Aroostook County....more

MainebizFebruary 1, 2024

Machias Savings Bank promotes four to key leadership roles

Machias Savings Bank announced the promotion of four employees to key leadership positions: Susan Albee to EVP, chief administrative officer; Richard Shaw to SVP, regional retail manager; Lucas Morris to SVP, regional commercial banking manager; and Melissa Moffett to SVP, retail lending manager....more

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