Notice: Due to renovations at our Saco Main Street branch, our customer parking lot and the buildings' rear and side entrances will be closed daily from 6:00 a.m. to 12:00 p.m. Starting September 18th, the Drive-thru will be closed, and is scheduled to reopen on Friday, September 22nd. To learn more Click Here.

Saco & Biddeford Savings Announces Winners of Financial Literacy Contest

SACO, Maine (MAY 01, 2022) – Saco & Biddeford Savings Institution (SBSI) announced the winners of their financial literacy month piggy bank beauty contest. Areella Kimball of Westbrook and Carter Buotte of Old Orchard Beach each received $100 for their winning submissions.

Kimball submitted a bumblebee bank, crafted from a balloon, papier mâché and popsicle sticks. Her design paid homage to her grandfather who is battling leukemia. His mantra through his fight has been “Be Positive,” and Areella was proud to create something that honored him. She is saving her winnings for a car and college.

Buotte submitted an airplane, designed from a soda bottle, construction and tissue paper. He chose to create an airplane because he is saving for a trip to Disney.

SBSI integrated this contest into their financial literacy month campaign. In addition to the contest, the Bank offered social media giveaways, video recordings and interactive online lessons that focused on financial tips, tricks and education.  To view the video library and other resources, visit:


About Saco & Biddeford Savings Institution

Founded in 1827, Saco & Biddeford Savings is Maine’s oldest bank. For 195 years, SBSI has continued to meet the ever-changing needs of the customers and communities it serves. Fulfilling its commitment to mutuality, SBSI has contributed more than $4.7 million to area organizations over the last 10 years. For more information, visit, 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.


Carter Buotte with Mom, Chrissy.

Areela Kimball with Mimi, Christine.