Reinvesting Money into Local Nonprofit Organizations
Throughout Kennebec Savings Bank’s long history, one thing has remained constant –
the Bank's unwavering commitment to the Maine communities we serve.
As a community bank, Kennebec Savings Bank is a mutual organization. That means we do not have individual stockholders. Instead, we give the money that would go to stockholders back to local nonprofits through our Community Dividends program.
As a mutually held savings bank, and as individual volunteers, our teams take pride in giving back in meaningful ways to the neighborhoods in which we work and raise our families.
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Building a Better Future for Maine
As a community bank, Kennebec Savings Bank is a mutual organization. That means we do not have individual stockholders.
Instead, we give the money that would go to stockholders back to organizations in Maine; we call this program Community Dividends. In 2024, the program will donate nearly $1.5 million across the communities served by the Bank.
We take pride in finding meaningful ways to support the neighborhoods in which we work and raise our families. Giving back has been part of the mission and philosophy of Kennebec Savings Bank since our founding in 1870. This philanthropic spirit will not slow down anytime soon.