In his first week as president and CEO, Dan Tilton told Mainebiz that while the bank is open to potential acquisition or branch expansion opportunities, it remains committed to its existing footprint.
For the third year in a row, Skowhegan Savings Bank will sponsor the prize for the Dirigo Labs business pitch contest, the culmination of a months-long accelerator program.
The multi-year fund, recently launched by the Skowhegan Savings Foundation, aims to address workforce development needs in Maine communities served by Skowhegan Savings Bank.
Eight people are employed at the new branch, which cost $1.5 million to build, bringing the company's total to 150 employees and more than 60 locations.