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Cybercriminals & Your Personal Information
ID theft can happen to anyone. Cyber criminals have multiple markets to buy or sell illicit goods that can be monetized in one way or another. Common goods include personal and financial information that can be used for fraud. How to Prevent ID Theft Monitor credit report activity in the GSB Mobile App with Credit...
Security
Ways To Stay Safe Online
The internet provides us with access to endless entertainment, and makes business transactions feel seamless. With all of this convenience comes risks. Bad actors are always present, but we all have the ability to take control of our online safety. Here are some security tips and tools to keep you safe online. Online Safety Tips...
What's New
Our Newest Branch is Now Open in Yarmouth
Gorham Savings Bank has opened its newest branch in the historic Grand Trunk Railroad Depot on Main Street Yarmouth, after a year-long restoration project. The restoration project is a collaboration with historic preservation property developer and owner of the Depot, Ford Reiche, who has rehabilitated four other properties listed on the National Register of Historic...
Security
Business Online Banking Security Tips
As they say, “it’s a jungle out there”. Even for those of us who keep up-to-date with system upgrades and follow safe practices. The “bad actors” are working hard every minute across the globe to thwart the latest protections. On top of everything else, it’s important to monitor your accounts frequently. Account Controls Every Business...
Security
Personal Online Banking Security Tips
Protect yourself when banking online with these tips. Get Serious About Passwords Make your passwords long, strong and complex. That means at least eight characters, mixed with uppercase and lowercase letters, numbers, and special characters. Avoid using common words, phrases or personal information. Use different passwords for all of your accounts so if hackers compromise...
General
Forward with Funding Class To Convene Fall 2019
Gorham Savings Bank has selected thirteen local businesses from an online application to participate in its upcoming Forward with Funding session in September. Forward with Funding is a hands-on workshop offered at no cost to Maine companies that are ready to take their business knowledge to the next level and feel more confident understanding their...
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Gorham Savings Bank to consolidate and focus on meeting the growing demand in Greater Portland area
Gorham Savings Bank has notified its customers of plans to close its Kennebunk location on November 1, 2019, citing geography and administrative challenges as the primary reasons. “After a long evaluation we found Kennebunk, while a very attractive market, is simply too far outside our primary geographic footprint to operate, administer and staff satisfactorily,” Gorham...
General
Casco Bay Creamery Wins GSB’s $50,000 LaunchPad Grant
Casco Bay Creamery of Scarborough, who provides creamy, delicious butter and cream cheese to customers who want to make breaking bread a joyful occasion took the top prize at Gorham Savings Bank’s LaunchPad competition and its corresponding $50,000 cash prize. The company was chosen from among five finalists who pitched their small business concepts Tuesday night to...
What's New
Finalists Announced for 2019 LaunchPad Competition
Now in its seventh year, LaunchPad helps Maine’s innovators and entrepreneurs reach the next level Gorham Savings Bank has selected five Maine businesses as the finalists of its seventh annual LaunchPad small business competition. From an applicant pool of over 150 businesses, Casco Bay Creamery, CourseStorm, GO Lab, Sidewalk Buttler, and Vintage Maine Kitchen rose...
Press Room
GSB Maine Marathon Selects Five Maine Nonprofits As 2019 Beneficiaries
Over $100,000 will be donated to local nonprofits again this year Bob Dunfey, the volunteer race director for The Maine Marathon and Steve deCastro, president and CEO of Gorham Savings Bank, title sponsor since 2010, announced today that Eastern Trail Alliance, Rippleffect, Girls on the Run, WinterKids and Portland Community Squash are the five primary...
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Steve deCastro, On The Record with Mainebiz
This article originally appeared in Mainebiz. Written by Renee Cordes. Photo by Jim Neuger. Steve deCastro is president and CEO of Gorham Savings Bank, which has over $1 billion in assets, 13 branches in Maine and close to 200 employees. DeCastro, who joined Gorham Savings in July 2016 and became CEO on Jan. 1, sat down with...
Press Room
Kim Donnelly Talks About Preparing For A Business Loan
This article originally appeared in Mainebiz. Written by Kim Donnelly. If you own a business, you know what it’s like to see — and want to seize — an opportunity. And often, such opportunities require an infusion of capital. By applying a smart business loan to a smart business idea, you can jump on that...
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The Application for LaunchPad is Now Open
Local entrepreneur Ford Reiche joins as an event judge in this year’s business competition Gorham Savings Bank is now accepting applications for its seventh annual LaunchPad small business competition. In the competition, the premier event of its type in Maine, promising small businesses will compete for a $50,000 grant from the bank. The application opens today...
What's New
New GSB Mobile App Feature – PayPal Linking
Now mobile banking customers can link their debit card to their new or existing PayPal account using the GSB Mobile App. If there are insufficient funds in you PayPal balance, your purchase can be covered quickly and easily, without having to enter card numbers or other personal information to complete your transaction. Linking a debit...
Press Room
Wish Tree Program – November Wishes Granted
79 Maine families and individuals were recipients of community member wishes totaling $150,000. The initiative, called the GSB Wish Tree, was conceived and implemented as a way to give back to the community as the bank marks its 150th anniversary. The bank received an overwhelming number of wishes, bringing to light the many challenges Mainers...
Press Room
GSB President Steve deCastro Named CEO
Gorham Savings Bank has named current president, Steve deCastro, its new chief executive officer (CEO). He takes over for Chris Emmons, who is retiring after 15 years of service with Gorham Savings. The transition was initiated in early 2018 as part of the bank’s succession plan. deCastro joined GSB in July 2016 as executive vice...
What's New
New Money Management Tool Available in Online Banking & The Mobile App
Introducing Personal Finance, a money management tool now available in online and mobile banking. With customized budgeting tools, smart expense tracking, and mobile access, you can manage your finances with ease, from anywhere. Manage All Your Accounts – Track finances across all accounts, in one place. Track Spending – Get powerful insights on when, where, and how you spend....
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Wish Tree Program – September & October Wishes Granted
Gorham Savings Bank granted 14 wishes in September and October totaling nearly $20,000 as part of its 150th anniversary Wish Tree program. With a goal of granting $150,000 worth of wishes in 150 days, the latest wishes granted included lumber for an elderly Standish woman whose neighbor wanted to build her a porch, eye exam...
What's New
Online Banking Has A New Look!
We’re excited about the recent changes within Online Banking (OLB) – designed to provide an optimized experience whether you access it from a desktop, tablet or smartphone. OLB now adapts to your device and includes touch-screen capability! We also recognize that all change comes with a period of re-adjustment, so we have developed a list...
What's New
New Look and Feel Coming Soon to Online Banking
We’re making improvements to online banking — helping you stay connected to your money, with added convenience. On October 21, 2018, you’ll notice: Optimized experience Whether you access online banking from a desktop, tablet or smartphone — the experience will adapt to your device — and include touch-screen capability. Improved navigation and functionality Our new,...
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Wish Tree Program – July & August Wishes Granted
Gorham Savings Bank granted 20 wishes in July and August totaling $20,000 as part of its 150th anniversary Wish Tree program. With a goal of granting $150,000 worth of wishes in 150 days, the first and second round of wishes fulfilled included snow plow service this winter for a working single mother in Waterboro, plane...
What's New
Lock Your Debit Card with Card Controls
GSB retail debit card customers can manage and protect their card right from their phone. CONTROL YOUR DEBIT CARD FROM YOUR SMARTPHONE With Card Controls in the GSB mobile app, you can control how, when and where your card is used, right from your mobile device. So, if you misplace your GSB debit card—or suspect...
Security
What To Do If Your Card Has Been Lost Or Stolen
You had your wallet a minute ago, now it’s missing! It happens to the best of us. So, what should you do next? Contact Gorham Savings Bank’s Customer Service Center ASAP. We’re here to assist. Monday – Friday 7:30 AM – 5:00 PM & Saturday 7:30 AM – 12:00 PM Contact Customer Service: (207) 839-4796 After...
What's New
Introducing a Better Website Experience
As part of our promise to always be looking for ways to improve your banking experience, we’ve updated our website with a new navigation and more of the helpful information you need – just a click away. The Online Banking login has moved to the very top of each page, for easy access. Just click...
Press Room
GSB to Celebrate 150 Years by Granting $150,000 Worth of Wishes over 150 days
Gorham Savings Bank, in celebration of its 150th anniversary, announced it will grant up to $150,000 of wishes over 150 days as part of a community giving program called Wish Tree. Putting their own spin on the age-old tradition, the Bank placed a Wish Tree in each of their branches and is inviting customers...
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Gorham Savings Bank Announces Winner of $50,000 LaunchPad Grant
North Spore of Westbrook, a returning finalist from 2017, who produces specialty mushrooms, mushroom products and mushroom spawn took the top prize at Gorham Savings Bank LaunchPad competition and its corresponding $50,000 cash prize. The company was chosen from among five finalists who pitched their small business concepts Tuesday night to a panel of independent...
Press Room
Community bank works to help Maine entrepreneurs be more financially confident
15 small businesses including North Spore Mushroom Company, Two Fat Cats Bakery and Tito Masonry & Construction recently participated in a new five-part workshop series created to help Southern Maine entrepreneurs better understand their businesses’ financials. The program, called Forward with Funding, was created by Gorham Savings Bank along with seasoned business coaches Michelle Neujahr...