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Kennebunk Savings expands again on Seacoast
Bank opens fourth New Hampshire branch, with a fifth on the way
Maine-based Kennebunk Savings Bank has opened a new branch in Newmarket, its fourth in New Hampshire and 17th in its network.
It is the first of two planned expansions into New Hampshire.
Kennebunk Savings will launch a branch near the University of New Hampshire’s Durham campus when construction of a retail building is completed. Bank spokesperson Heather Harris said the branch is slated to launch in August or September, but that depends on the construction schedule.
“We see UNH as a new market,“ said Harris. “We haven’t been in a university setting before.”
Kennebunk Savings was focused on York County, Maine, before kennebunk savings bank locations maine its Portsmouth office in 2011, Harris said, a move made after realizing that too many Maine-based community banks were moving toward the Portland area, leaving that market saturated. But Harris said Kennebunk Savings noticed it already had customers in the Portsmouth area and moved in that direction.
“At this point, our plan is to make [Kennebunk Savings] convenient for people in the Seacoast area,” says Harris.
In addition to Portsmouth and Newmarket, the bank also has branches in Hampton and Dover.
“We have found [New Hampshire] to be a vibrant market, better than we expected,” she said.
MPC Member Spotlight: Heather Harris of Kennebunk Savings
Because MPC members work on every side of an issue--as funders, nonprofits, foundation trustees, and volunteers--MPC is uniquely positioned to make connections among our members and make Maine a better place to live, work, and play. Come back to our site for introductions to MPC members, from every part of our MPC membership.
We asked Kennebunk savings bank locations maine Harris, Vice President of Corporate Communications at Kennebunk Savings, six questions about her work in philanthropy in Maine. Here's what she said.
1. What’s your favorite thing about summer in Maine?
The best thing about summer, for me, is that it’s not winter! Even as a native New Englander, I question my own judgment for living here! I love everything about summer – searching out the perfect lobster roll, warm evenings at the beach, trying to find undiscovered walks for the dogs and Saturday afternoon bike rides.
Photo: A Kennebunk Savings group of volunteers and a kennebunk savings bank locations maine of cyclists celebrate their work at the finish line for the American Diabetes Association’s Tour de Cure.
2. If you had to describe your work in three words, what would they be?
- Exhilarating – knowing what’s going on in the nonprofit world is gratifying. I feel like I have an inside look at what’s happening in communities all over York County and seacoast NH. Chase disney rewards visa credit card review are so many people working hard to try to make our area a better place and being able to contribute to those efforts is truly satisfying.
- Exhausting – there are never enough hours in the day to get it kennebunk savings bank locations maine done.
- Email overload – I love how productive email makes me. I also hate that I will never be at one with my email inbox.
3. When you call a colleague for advice--what questions do you ask?
Through our Corporate Philanthropy group, I have access to other people doing the same kind kennebunk savings bank locations maine work. We’re able to chat about trends, any organizational changes we see and on occasion we’ll check in on topical issues such as natural disasters or community emergencies.
4. What's the biggest challenge for you? What keeps you up at night?
I ultimately struggle with what the impact of our giving is, and what are the ultimate goals of our philanthropy. Within that framework, I try to recommend how our funds will be best used. The unending nature of nonprofit work can be overwhelming. I end up thinking a lot about the cycle of poverty-- how it can be short circuited, what are the best solutions, if we’re contributing to the right causes for long-term solutions, and if our organization is the right one to help solve those issues.
5. What are you most excited about right now in your work?
My colleague, Liz Torrance, and I recently attended the Corporate Philanthropy workshop and listened to Karen Voci from Harvard Pilgrim Health Care Foundation speak. It was very interesting and raised some good questions to think about as we near giving our ten millionth dollar away. It was particularly helpful to see what other organizations consider as they look at their charitable giving and how that could help enlighten what we do.
6. What does success look like for Kennebunk Savings? What's your endgame?
Success for us is to have our communities understand our company’s true commitment to their well-being. Not only is Kennebunk Savings committed to donating funds to nonprofits, we are also committed to being involved. Our employees volunteered over 8,500 hours last year for organizations they’re passionate about.
When our employees give their time to a nonprofit we’ve donated to, when we have numerous volunteers show up and the organization is then able to leverage our funding to raise additional funds – that’s success all around! And we have our ‘big check’ ready to be out at the next event at a moment’s notice!
Thank you, Heather!
Photo: Heather Harris (far right) and Brad Paige, President and CEO of Kennebunk Savings, (second from right) present Cocheco Valley Humane Society with the "big check."
Kennebunk Savings' Mission:
Kennebunk Savings is a mutual savings bank offering banking, insurance and investments services with 17 branches in York County, Maine and seacoast New Hampshire. For more than twenty years we have contributed 10% of our earnings back to local nonprofit organizations through our Community Promise program. Our community now includes 17 branches in York County, Maine and in seacoast of New Hampshire. Learn more about Kennebunk Savings' Commitment to the Community.
Read past MPC Member Spotlights:
Jay Espy of the Elmina B. Sewall Foundation
Kennebunk Savings Bank
104 Main Street
Kennebunk, Maine 04043
Became FDIC Insured:
Jan 1, 1934
Savings banks, state charter, supervised by the FDIC.
Last Structure Change:
In more than one state?
Commercial Lending Specialization
Bank Holding Company:
Kennebunk Savings Bancorp, Mhc
Parent FDIC Cert#:
NA - Not listed as a child of a larger bank.
Deposits Held Domestically:
FDIC Supervisory Region:
Federal Reserve District:
FDIC Field Office:
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Dover Main Street gets check from Kennebunk Savings
July 18, 2016
Fosters Daily Democrat
DOVER — Dover Main Street recently received a $4,000 contribution from Kennebunk Savings Bank to help the organization continue its kennebunk savings bank locations maine and events to benefit downtown Dover.
“Downtown Dover is thriving with shops, restaurants and museums,” Dover Main Street Program Director Amanda Gourgue said in a press release. “We want to keep it thriving and this donation will help Dover Main Street continue our programs and events. We are very grateful to Kennebunk Savings Bank.”
Kennebunk Savings is a mutual savings bank with locations throughout southern New Hampshire and headquartered in Kennebunk, Maine.
“As a board member, I see what a positive impact Dover Main Street has on the vibrancy of our downtown,” said Alan Brown, Kennebunk Savings assistant vice president and Dover branch manager. “Kennebunk Savings is proud to support Dover Main Street’s efforts that create a better community for all of us.”
Dover Main Street runs programs and events such as Dover Dollars, Adopt-A-Spot, St. Paddy’s Run Before You Crawl, Dover Pride Cleanup Day, Dover Dines, Downtown Trick-or-Treating and Holidays with Santa.
See full article here.
Kennebunk Savings celebrates 150 years
Kennebunk, ME - Kennebunk Savings is excited to ring in the new year with the start of a year-long celebration of its 150th anniversary. Founded in 1871 and continuously headquartered in Kennebunk, Maine, it has maintained its mutual form of kennebunk savings bank locations maine with no shareholders or direct owners and a continued emphasis on customers, communities, and employees.
“From our founding as a small savings bank in a shared office in Kennebunk, we’ve grown into a local institution, employing 330 people across 17 branches in two states,” said Bradford C. Paige, the bank’s President and CEO. “But our philosophy remains the same – we are here to serve our customers and to help our communities thrive.”
The bank is kicking off its 150th celebration by funding its Community Promise program with a commitment for $1 million in donations to local nonprofits in 2021. Since its inception in 1994, the Bank’s Community Promise Program has donated over $14 million to nonprofits in the southern York County and seacoast New Hampshire area.
The Bank will be celebrating with a number of other initiatives and activities in 2021, including the unveiling of a new website, and a new look for their longtime mascot, Kenny Bear. “Kenny’s a little lighter on his feet now,” said Jenn Straetz, a spokesperson for the bank specializing in Mascot Relations. “He’s excited to celebrate this milestone anniversary!”
In its 150 years, Kennebunk Savings has experienced a number of firsts, including its first branch office, which was located in York Village and opened in 1969. North Berwick followed in 1971, the bank’s 100th year in operation. The first computers were introduced to its branches in 1987 and online banking, or “Kenn-e-banking” as it was known, was introduced in the year 2000. And in 2010, Milda Castner became the Bank’s first female Director, rising to become the first female Chair of the Board in 2018, a position she still holds today. “It’s difficult to put together a comprehensive list of all kennebunk savings bank locations maine our achievements over the past century and a half,” said Paige. “But we as current employees are incredibly proud of the Bank’s legacy of community impact.”
“Kennebunk Savings is committed to serving our communities,” said Dennis Byrd, Chief Operating Officer. “We like to say that it’s not what we give, but what we do. We donate money to food banks, but just as importantly our employees donate their personal time to volunteering at soup kitchens. And that’s what really kennebunk savings bank locations maine me proud about coming to work every day.”
The theme for the year is “Celebrating our past, driving our future.” The bank has celebrations and activities planned which are connected to the bank’s rich history and deep community roots. “We’re pulling boxes of photos out of basements and reaching out to former employees for stories, but we’re also honestly thinking about what the next 150 years will look like – and how we’ll all move forward together,” said Paige.