Maine Community Bancorp

Gorham will again offer capital expenditure grants for businesses and farms

The competitive grant program is designed to help businesses fund a single capital purchase — such as equipment, technology or facility upgrades — that will help drive expansion, increase production or enhance market reach. 

Maine Marathon names three nonprofits as 2025 race beneficiaries

In Her Presence, Grahamtastic Connection and Children's Odyssey will be the three beneficiaries of proceeds from this year's Maine Marathon.

🔒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.

Camden National completes acquisition of Granite State peer

The combined institution has total assets of around $7 billion and 73 branches in Maine and New Hampshire.
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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. 

With Camden National deal and others in the works, bank mergers seen to be picking up

One banking analyst tells Mainebiz he expects 'the momentum for mergers and acquisitions to accelerate over the next 18 to 24 months.'

🔒Newsworthy people and performances for March 4, 2024

A roundup of new hires, promotions and achievements from businesses, nonprofits, health care organizations and professional services firms around Maine.

Maine Community Bank names assistant vice president of residential mortgage loans

Maine Community Bank has appointed Sam Rotondo as assistant vice president, residential loan officer. 
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Gorham Saving Bank, Maine Community Bank agree to merger

The merged entity would have nearly $2.7 billion in assets and become Maine's second-largest mutual savings bank.

Maine Community Bank outlines key promotions and a new VP of commercial banking

Maine Community Bank has branches in Auburn, Biddeford, Brunswick, Kennebunk, Lewiston, Scarborough, Waterboro, Westbrook and Windham.
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