Goodwin Advises Maine Community Bank on Merger With Gorham Savings Bank, Forming the Largest Mutual Savings Bank Operating Exclusively in Maine With $3 Billion in Assets
January 15, 2025
January 15, 2025
BOSTON, Massachusetts, Jan. 15 -- Goodwin, a law firm, issued the following news release:
The Financial Services team advised Maine Community Bank on the completion of its merger of equals with Gorham Savings Bank, forming the largest mutual savings bank operating exclusively in Maine. This significant milestone creates a new major player in community banking in Maine, with nearly $3 billion in assets and 21 branches throughout Androscoggin, Cumberland, and York counties. The combin . . .
The Financial Services team advised Maine Community Bank on the completion of its merger of equals with Gorham Savings Bank, forming the largest mutual savings bank operating exclusively in Maine. This significant milestone creates a new major player in community banking in Maine, with nearly $3 billion in assets and 21 branches throughout Androscoggin, Cumberland, and York counties. The combin . . .