Gorham Savings Bank

Ready, set, pitch your Maine business in LaunchPad contest

Applications for the 12th edition of the annual contest are due by Aug. 14, and finalists will be notified in late September.

🔒Maine banking chief sees merger momentum staying strong

Jim Roche, president of the Maine Bankers Association, said he expects more banks to seek economies of scale through combinations.

Gorham Savings completes merger with Maine Community Bank

The enlarged bank, now known as Maine Community Bank, employs more than 370 people, and has branches in Cumberland, Androscoggin and York counties.

Leadership transitions changed the face of Maine businesses, nonprofits in 2024

Law firms, banks, nonprofits, health care institutions, universities and businesses in Maine were all affected by changes in top management.

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$23M earmarked for affordable housing rentals in Maine

The round of funding from the Federal Home Loan Bank of Boston will go toward the creation or preservation of more than 450 units of affordable rental housing in Maine.

AI startup wins $50K prize in Gorham Savings Bank’s LaunchPad pitch-off

Alivo, winner of the 2024 small business pitch contest, is an AI-powered sales assistant for home services providers.

5 Maine startups vie for $50K prize in LaunchPad business pitch-off

The small businesses, from a buckwheat snack brand to the developer of African-language learning app, will compete in next month's competition organized by Gorham Savings Bank.