Welcome Home

We’re not just a bank, we’re your neighbors. Together we can do incredible things.

Founded in 1827, Saco & Biddeford Savings has been in business longer than any other bank in Maine. We have branches in Saco, Biddeford, Old Orchard Beach, Portland, Scarborough, South Portland and Westbrook — all in the same places our employees call home.

We’re proud of being a cornerstone in our community, helping generations of Mainers in every way we can. As that leader, we've contributed more than $5.2 million to area organizations over the last 10 years and continue to support the needs of the communities we serve.

It's a Mutual Thing

As a mutual savings bank, we prioritize supporting the people and communities we serve, because we're proud to live and work here, too.

Since 1827, we have been consistently involved in various local clubs, non-profit organizations, and community groups in an effort to help make our community a better place to live and work.

In 2022, with Paquin & Carroll Insurance1, we donated over $660,000 to more than 300 non-profits and community organizations throughout Maine, including food pantries, mental health organizations, schools, youth groups, sports teams, the arts, elderly care, social service organizations and so much more.

By serving as an active presence in our communities, we hope to encourage others to do the same. Because being there for others not only enhances personal growth, but positively impacts the well-being of our neighbors and friends as well.

It's a Mutual Thing.

Our Reason For Being

Our Mission is to serve with compassion while striving for excellence. Our Vision is to be a source of possibilities. The values that guide us:

Carin & CompassionAct in the spirit of caring, compassion, and excellence

We approach life, work, and one another with whole and open hearts. We are committed to being outstanding and doing consistent, thorough, and accurate work.


RelationshipsCultivate meaningful relationships

We prioritize relationships by exemplifying kindness and generosity. We believe that small, consistent acts of care lead to big impact. We have each other’s backs, and are committed to giving, sharing, selflessness, development, and accountability. We embrace new ideas with an open mind, recognizing both our strengths and weaknesses as we work toward our shared goals.


Trust & IntegrityEmbody trust & integrity

We act with consistency, excellence, and reliability day in and day out. We choose courage over comfort, doing what’s right over what’s fun, fast, or easy. We treat each other with kindness, consideration, and dignity, and acknowledge each person’s worth and value as human beings. We follow through on our commitments and responsibilities, and take ownership of our words, actions, and work.


EnrichmentEnrich the lives around us

We are committed to improving our communities and ourselves. We believe in fostering an environment where everyone has a sense of belonging, acceptance, and support. We believe every individual has the power to make a difference, and in providing the opportunities for everyone to find excellence within themselves and see it in others. We believe in asking questions, looking for better solutions, and finding the best versions of ourselves.

Together, we can do incredible things.

We're not just your bank.
We're your neighbor.
Looking out for you.
You need something, just ask.
Because we know you'd do the same for your neighbor.
It's a mutual thing.
You can call us Saco Bidd.
Sure, we sponsor the local team,
But we'll also talk to you about the game.
We support the local coffee shop and grab a cup on the way to work.
You'll see our name on the concert poster,
But you'll also see our face at the show.
Share pictures of your grandkids as we prepare your legacy.
And maybe we'll help you buy your next home,
Just down the street from ours.
So yeah... we'll do everything we can to help you,
And together we can do incredible things.
It's a mutual thing.

Download our most recent Annual Report

Disclaimer Language

¹Insurance products and services offered by Paquin & Carroll Insurance are:

  • Not insured by the FDIC or any other federal government agency
  • Not a deposit or obligation of or guaranteed by the Bank
  • Subject to investment risks, including possible loss of principal amount invested

Advisory services may only be offered by investment adviser representatives.

Securities and insurance products are offered through Cetera Investment Services LLC, member FINRA/SIPC. Advisory services are offered through Cetera Investment Advisers LLC. Neither firm is affiliated with Saco & Biddeford Savings Institution where investment services are offered. Investments are:

  • Not insured by the FDIC or any other federal government agency
  • Not a deposit or other obligation of, or guaranteed by the bank
  • Subject to investment risk, including possible loss of the principal amount invested

View Cetera Investment Services privacy policy and other important information.

Financial Professionals are registered to conduct securities business and licensed to conduct insurance business in limited states. Response to, or contact with residents of other states will only be made upon compliance with applicable licensing and registration requirements. The information in this website is for U.S. residents only and does not constitute an offer to sell, or a solicitation of an offer to purchase brokerage services to persons outside of the United States.

Cetera Investment Services LLC registered branch office: 252 Main Street, Saco, ME 04072

For our Diversity & Inclusion Statement click here.

View CRA Public File

Meet your SBSI banking team