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Bangor Savings Bank history
Bangor Savings Bank company history timeline
Bangor Savings Bank was founded on February 14, 1852 and has been serving the financial needs of their customers for over 169 years.
On May 5, 1852, Bangor Savings Bank opened first location in Bangor, Maine.
By 1889, Bangor Savings Bank had relocated to a larger space at 3 State Street and had over $4.5 million in deposits.
In 1997, the Bangor Savings Bank Foundation was created, and has since invested over $3.4 million into the community.
As of November 2016, the company's minimum wage has increased to $14 per hour.
In October 2017, Bangor Savings Bank acquired Granite Bank of New Hampshire.
In May 2019, Bangor Savings Bank opened its new operations center adjacent to its headquarters.
In December 2020, Bangor Savings Bank completed its acquisition of Damariscotta Bank and Trust
In April 2021, Bangor Savings Bank was rated #1 bank in New England by JD Power Retail Banking Satisfaction Survey, And was listed in Forbes’ World Best Banks for 2021
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Bangor Savings Bank competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| OneUnited Bank | 1968 | $27.5M | 113 | 1 |
| Federal Deposit Insurance | 1933 | $5.5B | 5,977 | - |
| Office of the Comptroller of the Currency | 1863 | $350.0M | 3,518 | 1 |
| Berkshire Hathaway GUARD Insurance Companies | 1982 | $1.3B | 573 | 57 |
| North Shore Bank | 1923 | $210.0M | 750 | 5 |
| The Dime Bank | 1905 | $30.5M | 100 | 11 |
| NBT Bancorp Incorporated | 1856 | $402.7M | 1,812 | 58 |
| Citizens South Bank | - | $55.4M | 201 | - |
| Magnolia Bank | 1919 | $12.0M | 125 | - |
| CENTRAL PROGRESSIVE BANK | - | $15.0M | 49 | - |
Bangor Savings Bank history FAQs
Zippia gives an in-depth look into the details of Bangor Savings Bank, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Bangor Savings Bank. The employee data is based on information from people who have self-reported their past or current employments at Bangor Savings Bank. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Bangor Savings Bank. The data presented on this page does not represent the view of Bangor Savings Bank and its employees or that of Zippia.
Bangor Savings Bank may also be known as or be related to Bangor Bancorp, Mhc and Bangor Savings Bank.