Skowhegan Savings Bank, founded in 1869, is a mutual savings bank dedicated to serving the financial needs of individuals, families, and businesses in Maine. As a community-focused institution, it prioritizes customer relationships and local economic development, offering a comprehensive suite of banking products and services, including personal and business accounts, loans, mortgages, and digital banking solutions. Being a mutual bank means it is owned by its depositors and operates with a commitment to their best interests and the prosperity of the communities it serves. The bank emphasizes local decision-making and reinvestment into Maine's economy.
The headquarters serves as the central administrative and operational hub for Skowhegan Savings Bank, overseeing all branch activities, strategic planning, financial management, regulatory compliance, and core banking functions.
The Elm Street headquarters is a modern banking facility, likely designed to be welcoming and accessible to the community, reflecting the bank's customer-centric approach. As a key building in Skowhegan, it symbolizes the bank's stability and local presence.
The work culture at Skowhegan Savings Bank headquarters is rooted in its community banking values, emphasizing customer service, teamwork, integrity, and a commitment to local development. Employees typically experience a supportive environment focused on serving Maine residents and businesses with a personal touch.
The Skowhegan headquarters is significant as it represents the historical roots and continued commitment of the bank to its founding community and the state of Maine. It's the nerve center for an institution that has played a vital role in the region's economy since 1869.
Skowhegan Savings Bank primarily operates within the state of Maine, USA, focusing on serving local communities. While they offer services such as online banking accessible globally and international wire transfers for their customers, they do not have a physical global presence with international branches or offices. Their operations are concentrated on supporting the financial well-being and economic development of Maine residents and businesses.
13 Elm Street
Skowhegan
ME
USA
Address: 22 Western Avenue, Augusta, ME 04330
To provide accessible and community-focused banking solutions to the Augusta and Kennebec County region, supporting local households and economic growth in Maine's capital city.
Address: 800 Stillwater Avenue, Bangor, ME 04401
To serve the diverse financial requirements of individuals, families, and businesses in Penobscot County, fostering economic stability and growth in a major northern Maine population center.
Address: 173 Middle Street, Portland, ME 04101
To support the vibrant economy of Portland and Cumberland County by providing tailored financial solutions, contributing to the growth of small businesses and meeting the banking needs of a diverse urban population.
Address: 223 Main Street, Farmington, ME 04938
To support the economic vitality of Farmington and surrounding rural communities by offering reliable and personalized banking services tailored to the region's unique needs.
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As of April 2025, Skowhegan Savings Bank' leadership includes:
Skowhegan Savings Bank has been backed by several prominent investors over the years, including:
There have been no publicly announced major external executive hires to, or departures from, Skowhegan Savings Bank's core senior leadership team within the last 12 months (as of mid-2024). This indicates a period of stability and continuity in its top leadership. Internal promotions to senior roles were noted in early 2023.
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Skowhegan Savings Bank commonly uses an email format that combines the first initial of an employee's first name with their full last name, followed by '@skowhegansavings.com'. This is a frequent pattern for professional communication within the organization.
[first_initial][last_name]@skowhegansavings.com
Format
abell@skowhegansavings.com
Example
90%
Success rate
Mainebiz • April 25, 2024
Skowhegan Savings Bank has donated $50,000 to the Maine State Housing Authority's new homebuyer prequalification program. This initiative aims to assist more Mainers in achieving homeownership by covering costs associated with the prequalification process, such as appraisal gaps and inspections....more
Kennebec Journal & Morning Sentinel • April 11, 2024
Skowhegan Savings Bank received recognition for its extensive community support and reinvestment activities throughout 2023. This included significant charitable donations, community development loans, and employee volunteer efforts, highlighting its role as a dedicated mutual savings bank....more
Kennebec Journal & Morning Sentinel • January 19, 2024
Skowhegan Savings Bank has contributed $25,000 to support the ongoing restoration of the historic Colonial Theater in Augusta. This donation underscores the bank's commitment to preserving local arts, culture, and historical landmarks within the communities it serves....more
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