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May 16, 2022

Bangor Savings to open Boothbay Harbor branch

Bangor Savings Bank, the largest Maine-based bank, will open a full-service branch in Boothbay Harbor, marking its 59th location in Maine.

The new branch will open on May 23 at the Meadow Mall at 185A Townsend Ave., close to Route 27, the main road into Boothbay Harbor. It is a main crossroads that also includes a Hannaford Supermarket. 

Courtesy / Bangor Savings Bank
President and CEO Bob Montgomery-Rice

“Boothbay Harbor is a thriving coastal community with an active downtown, and our team is looking forward to creating new partnerships in Lincoln County and surrounding areas,” Bob Montgomery-Rice, president and CEO of Bangor Savings, said in a news release. “The addition of this well-positioned location offers another accessible location for our customers in midcoast Maine. It will support the needs of residents and acts as a touchpoint for the businesses of the region, helping us to better support the economic vitality of the region.”

Among other offerings, the new branch will provide a range of financial services, personal and business banking, as well as a drive up, ATM, and coin counter. The lobby and drive up will be open Monday through Thursday, from 8:30 a.m. to 4 p.m., Friday from 8:30 a.m. to 5:00 p.m., and Saturday from 9 a.m. to noon.

The new location, formerly a KeyBank location, was fully remodeled.  

The Boothbay Harbor branch opening is one of many planned projects for the Bank in 2022.

Bangor Savings has more than $6.8 billion in assets, offers retail banking to consumers as well as comprehensive commercial, corporate, payroll administration, merchant services, and small business banking services to businesses. The bank, founded in 1852, is in its 170th year with more than 65 branches in Maine and New Hampshire and business and/or loan production offices in Maine, New Hampshire, and Massachusetts. 

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