Saco, Maine (June 1, 2012)- Saco & Biddeford Savings Institutionwas recognized today by Senator Snowe’s and Senator Collins’ offices for its 185th milestone anniversary as Maine’s Oldest Bank. Last month, Senator Snowe formally recognized Saco & Biddeford Savings’ 185th Anniversary to the United States Congress.
“Throughout our Nation’s great history, we have experienced tremendous highs and lows, particularly in our financial sector. While this has presented unique challenges to banking establishments, Saco & Biddeford Savings Institution’s ability to thrive and prosper for 185 years is a monumental achievement,” said Senator Snowe in her address to the Senate and the President on May 8, 2012 for the Congressional Record. To review the full congressional recognition, go to http://www.gpo.gov/fdsys/pkg/CREC-2012-05-08/pdf/CREC-2012-05-08-pt1-PgS2961-5.pdf.
In conjunction with the bank’s customer appreciation day, congressional representatives presented recognitions to CEO Kevin Savage and Chair of the Board David Howe, noting the milestone achievement and success of the bank, as well as its rich history and involvement in the southern Maine community.
“Since opening our doors in 1827, the bank has continued to thrive as a true mutual bank, serving the financial needs of our customers and communities,” said Kevin Savage, CEO of Saco & Biddeford Savings. “We’re proud of our 185 years and look forward to many more.”
“For over a century, Saco & Biddeford Savings has embodied the value of Mainers with a strong commitment to community and participation in numerous philanthropic activities. By offering a wide variety of impressive services to your customers, you are truly a gem of the financial industry,” said Senator Susan Collins in a letter of recognition to the bank.
About Saco & Biddeford Savings
Founded in 1827, Saco & Biddeford Savings, Maine’s Oldest Bank, has branches in Saco, Biddeford, Old Orchard Beach, Scarborough, South Portland and Westbrook. For more information visit www.sbsavings.com and find them on Facebook at www.facebook.com/sacobiddefordsavings.