Savings bank

Central Maine Business Records: Kennebec Savings Bank Receives National Service Award

AUGUSTA – Kennebec Savings Bank received the Exceptional Community Bank Service Award from the Independent Community Bankers of America. The ICBA National Community Bank Service Awards recognize the service and volunteer efforts of community banks across the country.

KSB, with $ 1.36 billion in assets, was notably recognized for tackling food insecurity during the pandemic. The bank has helped nonprofits distribute more than 2,300 boxes of food, 2,300 gallons of milk and 1,200 turkeys to families hard hit by COVID-19, and last year it donated more $ 1.1 million to 300 nonprofits and charities in the 35 communities it serves. .

“Kennebec’s remarkable example is a testament to the power of relationship banking upon which the community banking business model has been built,” said ICBA President and CEO Rebeca Romero Rainey.

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