Establishing an internal culture and building a team of like-minded people was the first step in our journey. The next was to ensure our actions matched our intentions while raising the bar even higher by committing to an external benchmark that transparently measures how well we serve our clients, employees, and communities.
We’re now one of only 14 banks in the U.S. to become a Certified B Corporation™. That means we’ll continue to use profit to power our purpose, rather than serving as the purpose itself. We’ll serve the best interests of our clients, our employees and our communities, while also honoring our environment. Some of the ways in which we plan to elevate our game in this regard as a B Corp include:
"We see this as just the beginning of the longer journey we’re on as a company. Our B Corp certification demonstrates our commitment to go deeper and aim higher to reimagine and reinvent community banking to have an even more meaningful impact on the lives of our clients, employees and our communities. We’re excited to learn from, and benchmark ourselves against, the other high-performing, purpose-driven companies in the B Corp community, from Patagonia to Maine’s own Coffee By Design."
President and CEO
Certified B Corporations™ are businesses dedicated to meeting the highest standards of verifiable social and environmental performance, public transparency, and legal accountability. This movement is helping redefine success by giving companies, and their customers, a tangible and measurable benchmark.
In short, it means we’re committed to creating a more socially equitable world, and joining the ranks of other B Corp certified companies—such as Patagonia, Ben & Jerry’s, and Seventh Generation.
As the first bank headquartered in Maine to become a Certified B Corporation, we’re using this as another opportunity to lead by example. It’s a signal to our business partners, clients, and communities that your money’s not only in safe hands, but caring ones as well. We’ll continue to pay it forward, and to use the loyalty and trust we’ve earned to make Maine a more equitable, sustainable home for everyone.
A nonprofit that evaluates impact on natural resources, treatment of employees and vendors, and the company’s behavior in the community. Visit bcorporation.net to learn more about their work all over the world.