Norway Savings Bank has contributed $25,000 to Youth and Family Outreach’s capital campaign to fund the expansion of the nonprofit’s child care center in Portland’s Bayside neighborhood.
“NSB is thrilled to be able to play a small part in helping YFO complete this important project and continue the indelible and positive difference it has and will deliver to generations of people,” said Dan Walsh, the bank’s president and CEO.
The project, which has just gotten underway, will double the number of child care spaces at the facility to 110 and will also add affordable apartments to the site.
“The Building a Brighter Future Capital campaign is a major expansion effort that brings together MaineHousing, government funding and additional contributions from individuals and businesses who appreciate our purpose,” noted Camelia Babson-Haley, executive director of Youth and Family Outreach.
The project includes the construction of a six-story building on Cumberland Avenue that will include a 12,000 square-foot early care and education center on the ground floor and 60 apartments above, 48 of which will be affordable.
“I am so thankful to everyone at Norway Savings Bank and all of our donors for this generous support,” said Babson-Haley. “This project will be life-changing for many families and to have community organizations and businesses invest in our vision and impact in this way is overwhelming. We are moved and grateful.”
The facility and housing units are expected to be available in 2028, with development efforts continuing this fall and next year.
Norway Savings Bank has 24 branches and was ranked No. 8 among the largest Maine-based banks, with assets of $2.05 billion as of June 30, 2025, according to the 2026 Mainebiz Book of Lists.
