CESO – As the COVID-19 pandemic and ensuing economic recession continue to affect communities in southern Maine, the Saco & Biddeford Savings Institution continues its efforts to give back to local organizations. The bank recently donated $ 80,000 to dozens of charities and nonprofits in York and Cumberland counties, providing support for food insecurity programs, home heating assistance, mental health services and personal protective equipment.
“As a mutual institution, we believe we have a responsibility to give back to our communities,” said Bob Quentin, President and CEO of SBSI. “In a year that has presented countless challenges, we have decided that it is more important than ever to support organizations whose services have become even more critical as a result of the pandemic.
As part of its COVID-19 relief efforts in December, the bank donated $ 35,000 to local pantries as well as an additional $ 17,500 to programs focused on youth nutrition. SBSI also donated $ 10,000 for mental health services, $ 5,000 for heating assistance programs and $ 2,500 to provide PPE.
The bank also asked its companies to vote on a list of seven nonprofits. First and second places, My Place Teen Center and Good Shepherd Food Bank, received $ 3,000 and $ 2,000 respectively. The other five nonprofits each received $ 1,000, bringing the bank’s total COVID-19 relief donations for the month to $ 80,000.
Founded in 1827, Saco & Biddeford Savings is Maine’s oldest bank with locations in Saco, Biddeford, Old Orchard Beach, Portland, Scarborough, South Portland or Westbrook.
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