March 10, 2023
SACO, ME – Saco & Biddeford Savings Institution, together with Paquin & Carroll Insurance, donated more than $660,000 to community organizations in 2022.
The donations supported more than 300 nonprofit organizations that provide shelter, food, fuel, mental health services and more. Supporting a breadth of organizations in the communities across Southern Maine demonstrates the mission of mutuality at SBSI.
“Supporting the critical work that charitable organizations achieve every day is an important part of our mission as a mutual organization,” said Bob Quentin, CEO of SBSI. “It is a privilege to play our part, and we are grateful for these organizations and the community of people involved in them.”
Some of the organizations that received support include: The Locker Project, Maine Needs, and Girl Scouts of Maine.
A part of the donations includes those voted on by the bank’s corporators, who were asked to choose additional causes to support in our community. Eight organizations received a gift: Caring Unlimited, Day One, My Place Teen Center, Seeds of Hope Neighborhood Center, Sweetser, Wayside Food Program, York County Community Action Corporation, and York County Shelter Programs.
About Saco & Biddeford Savings Institution
Founded in 1827, Saco & Biddeford Savings is Maine’s oldest bank. For 196 years, SBSI has continued to meet the ever-changing needs of the customers and communities it serves. Fulfilling its commitment to mutuality, SBSI, in conjunction with Paquin & Carroll Insurance, has contributed more than $4.9 million to area organizations over the last 10 years. For more information, visit www.sbsavings.bank, Instagram at @SBSavings, Facebook at @sacobiddefordsavings, or visit one of their locations in Saco, Biddeford, Old Orchard Beach, Portland, Scarborough, South Portland or Westbrook. Member FDIC and an Equal Housing Lender.
Pictured: Lauren Hickey with the Locker Project poses with donations secured with the gift from Saco & Biddeford Savings.