Savings bank

Machias Savings Bank Donates $100,000 in Community Development Grants

The Machias Savings Bank has awarded a total of $100,000 in community development grants to 18 nonprofits across the state.

Grants have been awarded to the following organizations:

Village of Agassiz
AIO food and energy assistance
Aroostook County Action Program Inc
Bangor Area Homeless Shelter
big rock mountain
Christine B Foundation
Maine Common Sons
Eastern Region Agency on Aging
Healthy Acadia
Pantry for breads and fish
Pantry of the Machias region
Maine Coastal Mission
MaineStream Finance
Peregrine Corp. (dba STRIVE)
Port resources
Shaw House
Southern Maine Agency on Aging
The Northern Lighthouse, Inc.

Machias Savings Bank has sought to support organizations prioritizing financial health, community welfare, youth and education, and economic development projects with a focus on community development, with an emphasis on projects that benefit low to moderate income individuals and/or families. Grants have been awarded to projects that create or maintain jobs, revitalize communities in the bank’s service area, and help provide affordable housing or other programs designed to help individuals and/or families with income low to medium.

“The key to creating a thriving community is supporting the efforts of our nonprofit partners in the areas of workforce development, affordable housing, entrepreneurship, and basic needs.” said Melissa Denbow, vice president of corporate giving and community relations at Machias Savings Bank. “These organizations are all doing work that aligns with our goal of improving the financial health of Maine citizens, and we are proud to be able to contribute to this work.”

More information about Machias Savings Bank’s community investments is available online at http://www.machiassavings.bank/guidelines.


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