Androscoggin Bank Business Profile and Facts

Androscoggin Bank is a Maine-based community bank that has been serving its customers for over 150 years. Founded in 1868, it has a rich history of providing financial services to individuals and businesses in the region.

The bank has a strong presence in central and western Maine, with over 20 branches across the state. Androscoggin Bank offers a wide range of financial products and services, including personal and business banking, loans, and investment services.

One of the bank's key strengths is its commitment to community involvement. Androscoggin Bank is a leader in philanthropy and community development, with a focus on supporting local organizations and initiatives that benefit the region.

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Androscoggin Bank is a community bank that has been serving the people of Maine for over 160 years. It was founded in 1855.

The bank has a long history of serving the local community, and it's still headquartered in Auburn, Maine. Androscoggin Bank has a strong commitment to giving back to the community it serves.

The bank has a large network of branches and ATMs across Maine, making it easy for customers to access their accounts and conduct financial transactions.

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Androscoggin Bank has partnered with ProsperityME and the Greater Portland Immigrant Welcome Center to create a mortgage plan that complies with Muslim law, which does not require interest payments.

This plan is the first of its kind in Maine, and it was created to help New Mainer neighbors purchase their own homes and build equity.

The specifics of the plan are not known, but other similar variations involve a bank obtaining ownership of all or part of a home, with payments acting as a means of buying back the home.

Androscoggin Bank's CEO, Neil Kiely, expressed his excitement about offering this financing alternative, saying it's a great example of how the bank strives to deliver great human outcomes in addition to great financial outcomes.

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Androscoggin Bank's annual revenue was a notable $76.7 million in 2025.

Paul Andersen is not only the CEO but also the Vice Chairman of the Board of Directors of Androscoggin Bank.

As we dig into the company details, let's take a closer look at the employment figures. 196 people are employed at Androscoggin Bank.

At Androscoggin Bank, leadership is a top priority. The bank's leadership team is made up of experienced professionals who have a deep understanding of the local economy and community.

Androscoggin Bank's leadership team has a strong track record of community involvement, with many team members serving on local boards and committees. This commitment to community service is reflected in the bank's mission to make a positive impact on the lives of its customers and employees.

The bank's CEO, Bob DeBlois, has been instrumental in shaping the bank's leadership and community engagement efforts. Under his leadership, the bank has expanded its services to meet the evolving needs of its customers.

Androscoggin Bank's leadership team is dedicated to fostering a culture of excellence and teamwork within the organization. This is reflected in the bank's high employee satisfaction ratings and its reputation as a great place to work.

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