Mechanics' Savings Bank

Status:Inactive as of 01/01/2020
 Absorption - Without Assistance
Successor Bank:Maine Community Bank
Headquarters:Mechanics' Savings Bank
100 Minot Avenue
Auburn, ME 04210
Established:02/16/1875
FDIC Insurance:07/28/1955
FDIC Cert:#17476
Charter Class:
Total Assets:$424,705,000
Total Deposits:$321,672,000

History

1875-02-16Institution established: Original name:Mechanics' Savings Bank
2016-01-26Changed organization type to STOCK SAVINGS BANK
2020-01-01Changed name to Maine Community Bank (17741)
2020-01-01Merged into and subsequently operated as part of Maine Community Bank (17741) in BIDDEFORD, ME
2025-01-01Moved bank headquarters from 1 India St, Portland, ME to 1 India St, Portland, ME.
2025-01-01Acquired Gorham Savings BankMaine Community Bank (17748) in Gorham, ME.

Financial Information (2019-12-31 and Older)