Clients & Colleagues

relationships that move maine forward

Androscoggin Bank continued to expand the ways it supports clients and colleagues across Maine in 2025 through innovative lending, relationship-driven service, business partnerships, and investment in a more connected workplace. Together, these stories reflect a Bank focused not only on growth, but on showing up where it matters most: for the people, businesses, and communities it serves every day.

Androscoggin Bank

INVESTING IN WHAT MATTERS

One year after its official launch, Androscoggin Bank’s Sustainable Impact Program showed that purpose and performance can grow together, and at scale. In 2025, the program funded 161 new projects totaling $68 million in loans, supported by $6.9 million in new deposits from individuals and businesses who wanted their money to make a measurable difference. Just as importantly, 99% of those loans and investments remained right here in Maine.

Making Digital Waves

To build on the program’s momentum, the Bank launched SustainableBanking.com as a dedicated digital home for the initiative. The site gives clients the ability to open accounts online and offers a more transparent look at the impact their deposits are making. A complementary ad campaign and a feature in the CNBC documentary Banking for Change helped amplify that visibility even further.

sustainablebanking.com

Real Stories from the Program

Eastern Maine Development

Helping small and midsized businesses access capital, create jobs, and build long-term stability across eastern Maine. Through the Sustainable Impact Program, Androscoggin Bank is helping expand access to affordable capital and strategic business guidance, especially in rural communities.

HEALTHY HOMEWORKS

Creating attainable paths to homeownership by transforming Lewiston apartment buildings into durable, healthy starter condos. Support through the Sustainable Impact Program helps keep these projects on track and empowers more families to build wealth and put down roots in Maine.

SALUD PORTLAND

A growing community-centered fitness business in Greater Portland, Salud expanded into a new 15,000-square-foot space with support from Androscoggin Bank through the Sustainable Impact Program. The project created more room for health, connection, and belonging.

OPERATION REBOOT OUTDOORS

Serving veterans, law enforcement officers, and service members through healing outdoor experiences in Maine. With support from the Sustainable Impact Program, the organization restructured debt and unlocked resources to support its next chapter, including an ADA-compliant lodge for retreats.

Businesses shaping MAINE’S FUTURE

From ocean research to craft brewing to iconic Maine brands, Androscoggin Bank is proud to work with businesses that are helping shape a stronger future for the state. Each story reflects something different about Maine: innovation, resilience, entrepreneurship, and community connection. And each shows what can happen with the right vision and right banking partner.

Gulf of Maine Research Institute

The Gulf of Maine Research Institute is shaping the future of Maine’s ocean and coastal communities through science, education, and collaboration. Their work helps people understand how the Gulf is changing, supports the industries that depend on it, and inspires young learners to explore the world around them. From classrooms to working waterfronts, GMRI is advancing discovery that keeps Maine at the forefront of marine research. As their banking partner, Androscoggin Bank is proud to support their mission and the impact they create every day.

Nonesuch River Brewing Company

What began as a simple dream became Nonesuch River Brewing Company, a thriving brewery and restaurant in Scarborough and Poland that embodies Maine’s entrepreneurial spirit. Years of planning, hard work, and belief turned a big idea into a local landmark, one that brings people together around craft and conversation. With support from Androscoggin Bank since the very beginning, Nonesuch continues to be a local favorite
and proof that any business dream is achievable with the right plan and the right partner.

Gifford’s Ice Cream

When Mainers think of ice cream, they think of Gifford’s. For generations, Gifford’s Ice Cream has been a staple at the local ice cream stand – synonymous with summer days, family tradition, and great flavor. But when a fire damaged their Skowhegan production facility in 2023, the Gifford family faced one of their toughest challenges yet. With financing and partnership from Androscoggin Bank, Gifford’s rebuilt stronger than before, modernizing and expanding operations within their historic space. Their response reflects everything that makes Maine businesses extraordinary. Now, they are churning out ice cream faster than ever before. Whether you are visiting your local ice cream stand or picking up a pint at the store, you will continue finding Gifford’s serving up the sweetest taste of Maine. They are proof that there’s no limit to what can be rebuilt, especially with the right people behind you. We will continue partnering and supporting iconic Maine businesses like these. It is who we are – and who we’ll always be.

delivering more than banking

In a region where geography, weather, and distance can make business banking more difficult, Androscoggin Bank’s Business Courier Service helps bring the branch directly to clients. This isn’t just a courier service. It’s a promise. No matter where your business is, we’ll be there – wheels on the road, helping your business move forward.

18
New client locations added
77
Business locations visited
3200+
Visit
65,000+
Miles logged
11
Counties served

a new chapter at bates mill no. 6

As hybrid work reshaped how employees connected across locations, Androscoggin Bank saw the opportunity to create a workplace that felt more modern, collaborative, and rooted in Lewiston. In 2025, the Bank expanded its footprint within Bates Mill No. 6, transforming the space into a vibrant hub for meetings, shared work, and stronger day-to-day connection.

This move represents more than a physical expansion – it’s a statement of commitment. Commitment to growth. Commitment to collaboration. After exploring multiple opportunities across the Lewiston-Auburn area, we found the perfect fit right where our story has always belonged: the Bates Mill complex.

We’ll always make time to visit our retail colleagues throughout the market, but there’s something special about having so many familiar faces together under one roof once again.

2025 IMPACT REPORT
2025 IMPACT REPORT
Expanding Horizons
Expanding Horizons