Saco & Biddeford Savings Institution is headquartered in SACO and is the 11th largest bank in the state of Maine. It is also the 786th largest bank in the nation. It was established in 1827 and as of December of 2024, it had grown to 197 employees at 7 locations. Saco & Biddeford Savings Institution's savings rates are 4X the national average, and it has a B+ health rating.
Overall | |
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FDIC Certificate # | 17743 |
Year Established | 1827 |
Employees | 197 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 0.11% |
Return on Equity - YTD | 1.22% |
Annual Interest Income | $61.2MM |
Assets and Liabilities | ||
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Assets | Q4 2024vs Q4 2023 | $1.41B$1.38B |
Loans | Q4 2024vs Q4 2023 | $1.13B$1.09B |
Deposits | Q4 2024vs Q4 2023 | $1.01B$963.5MM |
Equity Capital | Q4 2024vs Q4 2023 | $125.4MM$122.7MM |
Loan Loss Allowance | Q4 2024vs Q4 2023 | $4.8MM$4.7MM |
Unbacked Noncurrent Loans | Q4 2024vs Q4 2023 | $632K$1.8MM |
Real Estate Owned | Q4 2024vs Q4 2023 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Saco & Biddeford Savings Institution; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
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0.25%* | $2.5k* | - | Mainely SUPER NOW Account | ||
OTHER TIERS: 0.05% → $0 - $2.5k | |||||
0.10% | $0 | - | Mainely NOW Account |
Saco & Biddeford Savings Institution Locations | ||
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Old Orchard Beach Branch | 2 Portland Avenue | Old Orchard Beach, ME 04064 |
Saco & Biddeford Savings Institution | 252 Main St | Saco, ME 04072 |
Scarborough Branch | 41 Gorham Road | Scarborough, ME 04074 |
South Portland Branch | 601 Broadway | South Portland, ME 04106 |
Biddeford Branch | 160 Shops Way | Biddeford, ME 04005 |
Westbrook Branch | Hannaford Drive | Westbrook, ME 04092 |
Commercial Street Portland Branch | 136 Commercial Street | Portland, ME 04101 |
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