Press Room

Press Releases

Contact:

Heather Bowman
Marketing Specialist
207-784-9164
hbowman@androscogginbank.com

 

  

Morin awarded Martin Scholarship

Lewiston - (June 11, 2009) Androscoggin Bank announced the 2009 recipient of the Lesley K. Martin Memorial Scholarship is Amy Morin. A graduate of Lewiston High School, Morin has been involved in the community throughout her youth.  Prior to high school, she was a junior coach for Youth Cheering League.  Most recently, she volunteered at Camp No Limits in Rome, Maine.  Camp No Limits is an overnight camp for children who are coping with limb loss.  The camp is a place for the children, as well as their families, to meet other children with the same disability.  “The children at Camp No Limits taught me not to take what I have for granted”, Morin said.  She continued, “The children were extremely ambitious to try new things and it inspired me to be a little less wary and to not be afraid to fail in my attempts”.

Academically, Morin achieved excellence at Lewiston High School while participating in extra curricular activities including Captain of the Swim Team, Cheering, National Honor Society and the Blue Crew.  Morin also holds a job at Sam’s Italian Food Shop.  In the fall, she plans to attend Elizabethtown College in Pennsylvania to attain a five year master’s degree in Occupational Therapy.

The Lesley K. Martin Scholarship is awarded annually and recognizes a Lewiston High School student who has shown leadership in extracurricular activities, community involvement and has an interest in continuing his/her education.  2009 marks the eighth year that Androscoggin Bank has awarded the $1000 scholarship.

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Founded in 1870, Androscoggin Bank provides financial services to individuals, businesses, governments and municipalities. Androscoggin Bank currently serves communities throughout central and mid-coast Maine with 12 branch locations in Auburn, Brunswick, Gray, Jay, Lewiston, Lisbon Falls, Livermore Falls, South Paris, Turner and coming soon Portland.

 

Androscoggin Bank reports nearly $52,000 in first quarter community contributions

Lewiston, Maine – Androscoggin Bank announced today its 2009 first quarter charitable contributions totaling nearly $52,000. Beneficiaries of the Bank’s charitable contributions during the first quarter include The Boys and Girls Club, the Franco American Heritage Center, the Maine State Music Theatre and the Franklin Community Health Networks. Of the total amount given, employees raised $2,400 for the Make-A-Wish Foundation. 

“Our charitable giving program supports the growth and well-being of the communities the Bank serves.” said Christine Conrad, Senior Vice President, Androscoggin Bank.  “It pleases us to support organizations that do so much to help our community.”

In 2008, Androscoggin Bank’s charitable giving program provided over $136,500.00 to organizations supporting needs in education, health, arts and humanities, environment, community development and social services.  In addition to the charitable giving program, in 1997, Androscoggin Bank deepened its commitment to meaningful community involvement by establishing the MainStreet Foundation with an initial $1 million dollar grant.  The mission of Androscoggin Bank’s MainStreet Foundation is to enrich our communities by promoting aspiration, hope and opportunity in the lives of youth-at-risk in our region.  For more information on the MainStreet Foundation, visit http://www.androscogginbank.com/mainstreet_foundation.aspx. 

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Founded in 1870, Androscoggin Bank provides financial services to individuals, businesses, governments and municipalities. Androscoggin Bank currently serves communities throughout central and mid-coast Maine with 12 branch locations in Auburn, Brunswick, Gray, Jay, Lewiston, Lisbon Falls, Livermore Falls, South Paris and Turner.

 

 

Androscoggin Bank Awards $7,500 to the
Franco American Heritage Center

May 12, 2009 - Androscoggin Bank is pleased to award the Franco American Heritage Center a check for $7,500.00. The donation from the Bank underwrites the 2009 performance season and will help support the mission of the Center ‘to celebrate and preserve the Franco-American heritage while welcoming the culture of our neighbors’. 

 “Androscoggin Bank is committed to sponsoring community building organizations. The Franco American Heritage Center is committed to preserving the history of the Lewiston- Auburn Communities and promotes the strength and diversity of the culture today.” said Paul Andersen, EVP, COO of Androscoggin Bank. 

As one of New England’s premier acoustic halls, the Center is a magnificent facility and a great place to attend performances.  The 2009 Franco American season consists of a variety of cultural events including ‘Celtic Tuesdays’, a variety of Gaelic instrumental performances, the Franco Festival in June and various international dance performances.  The Center will also be hosting ensemble groups, orchestral performances, and piano series recitals that bring pianists of national and international renown, as well as “rising stars” from the local community. 

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Founded in 1870, Androscoggin Bank provides financial services to individuals, businesses, governments and municipalities. Androscoggin Bank currently serves communities throughout central and mid-coast Maine with 12 branch locations in Auburn, Brunswick, Gray, Jay, Lewiston, Lisbon Falls, Livermore Falls, South Paris and Turner.

 

 

Lewiston bank takes on Portland

By Jackie Farwell, Mainebiz Staff Reporter

Androscoggin Bank is making its first foray into Portland, but you might miss it if you look for the familiar line of tellers perched behind a wall. The Lewiston-based bank plans to unveil this fall an Old Port location featuring an open layout that encourages interaction, with free-standing customer service"pods" and floating "financial services reps," according to Paul Andersen, the bank's COO.

The bank has invested more than $500,000 in the 5,000-squarefoot space at the corner of Middle and Pearl streets, Andersen says. The look will be more Apple Store than stuffy traditional bank branch. "This is more like a living room feel," he says. "Our people will stand next to customers instead of having a barrier between them." Other familiar divisions have been phased out as well. Bank representatives will be able to handle just about any personal banking request, from setting up a personal loan or small investment to cashing checks and opening up a debit card account. Some staff will continue to focus on commercial lending, setting up trusts and other specialized services.

New "cash recyclers" - hybrid ATMs that can handle all the same services as a traditional teller line- will replace cash drawers. The technology is part of the bank's strategy to address its customers' shift from cash and paper to Internet-based services, Andersen says. "The way people buy bank services is changing dramatically," he says. "We're trying to build this for the future."

Androscoggin isn't the only bank that's caught on to the trend. Town & Country Federal Credit Union recently completed a major renovation at its Scarborough branch that also features a pod system and cross-trained representatives, according to a recent press release. Norway Savings Bank in November broke ground at a Yarmouth location that incorporates the pods, as well as self-service safe deposit boxes that customers can access through biometric scanning technology, a company press release states.

The investment in more personal service comes as many larger banks reeling from the financial crisis struggle to stay afloat. But business has been good at Androscoggin Bank, where income is up 10% over last year and the bottom line in 2009 so far is ahead of budget, Andersen says. The new branch will employ at least two additional staff right away, with plans for more throughout the year.

And taxpayers aren't funding any of the expansion at 130 Middle St., Andersen makes sure to note. "We said thanks but no thanks to the bailout dollars," he says

While other financial institutions cut back or hold the line, Androscoggin Bank, which has a dozen branches in southern and central Maine, wants to expand its presence. "We just see this as the perfect time for us, the perfect time to expand," Andersen says.

Androscoggin Bank Awards $25,000.00 to St. Mary's Hospital

In photo: (from left to right): Paul Andersen, Executive Vice-President, COO, Androscoggin Bank awards check to Jim Cassidy, CEO, St. Mary's Hospital.

December 22, 2008 - Androscoggin Bank is pleased to award $25,000.00 to the St. Mary's Health System 'With All Our Hearts' Capital Campaign. The Capital Campaign is supporting the expansion and renovation of St. Mary's emergency department and a 30,000 square foot Auburn medical office building. The new projects will bring many benefits to the residents of the Lewiston Auburn area including less wait time for those needing care, an increase in the number of treatment rooms with greater privacy, confidentiality for patient comfort and safety with a strong focus on patient and family centered care.

St. Mary's Hospital opened its doors in 1889 as the areas first hospital with 30 beds to serve the poor, the sick and the infirm elderly. During the 117 years since, the medical center has remained one of Maine's premier health facilities, offering a full complement of medical services, caring for patients and their loved ones with compassion, the most advanced technology, and highly skilled professionals.

Androscoggin Bank has supported the community since 1870. The Bank vision is to provide financial services as the preferred partner for individuals and businesses seeking to achieve their financial goals. The Bank delivers on this commitment through knowledgeable, professional and engaged employees. Androscoggin Bank currently serves communities throughout central and mid-coast Maine with 12 branch locations in Auburn, Brunswick, Gray, Jay, Lewiston, Lisbon Falls, Livermore Falls, South Paris and Turner.