BANKING IS BELIEVING
News & Events
Press Room
Gorham Savings Bank Announces Finalists for $50,000 LaunchPad Grant
Gorham Savings Bank, a leading Southern Maine financial services institution, has selected five Maine businesses as the finalists of its annual LaunchPad small business competition. From an applicant pool of over 180 businesses, American Roots, Bangs Island Mussels, Blue Ox Malthouse, North Spore, and Wallace James Clothing Co. rose to the top and will move...
What's New
Round It Up Makes Saving Easy And Convenient
Now consumer debit card customers can start saving automatically with Round It Up. Enroll today and debit card transactions will be automatically rounded to the nearest dollar. The aggregate amount is then transferred from your checking account to a designated savings account the next day. The most effective way to save is automatically and Round...
What's New
New Enhancements To Mobile Bill Pay
Bill Pay users can now add, edit, and delete payees on through the GSB mobile banking app! Manage payees on-the-go from your mobile device. This update provides Bill Pay users with increased functionality to conveniently manages their finances through the mobile app. Questions? Contact the Customer Service Center at (207) 274-7532 or customerservice@gorhamsavingsbank.com.
What's New
Touch ID & Face ID Now Unlocks All Features of Mobile Banking App
TRANSFER FUNDS, AND MAKE BILL PAYMENTS AND DEPOSITS WITH TOUCH ID AND FACE ID – USERNAME AND PASSWORD NO LONGER REQUIRED You asked, and we are happy to announce that GSB mobile banking users can now access their account and manage funds quickly and securely with Touch ID. A username and password login is no...
Security
New Fraud Protections Now In Place
To provide further protection, customers will now receive text and email messages if suspicious purchases are detected. We will ONLY ask you to verify whether the purchase is valid or not. We will not ask for account or personal information. Customers are encouraged to provide updated mobile phone numbers and email addresses by contacting the...
Press Room
Long-Time GSB CEO Chris Emmons to Retire
Bank announces new president, board chair, and vice chair as part of new succession plan. Gorham Savings Bank, a leading Southern Maine financial services institution, announced today that after 15 years of service Christopher Emmons, president and CEO, will retire at the end of this year. Stephen deCastro has been promoted to president, and Katherine...
Press Room
$50,000 LaunchPad Competition Enters its Sixth Year
The 2018 application period for Gorham Savings Bank’s LaunchPad competition opens March 15. Gorham Savings Bank will begin accepting applications for its sixth annual LaunchPad small business competition on March 15. In the competition, the premier event of its type in Maine, promising small businesses compete for a $50,000 grant prize from the Bank. ...
Press Room
GSB Hires Senior Credit Officer
Gorham Savings Bank, a premier southern Maine community bank, has hired Josh Steirman as Senior Credit Officer. Steirman most recently worked as a commercial bank examiner and team leader for the Federal Reserve Bank of Boston. Prior to that, Steirman worked as a Senior Bank Examiner for the Massachusetts Division of Banks. “We...
Press Room
GSB Adds Experience and Expertise with New Hire
Gorham Savings Bank, a premier southern Maine community bank, has hired seasoned Commercial Lender Nicholas Weightman, CRC®, to join its commercial lending team. Weightman was recently Vice President, Commercial Loan Officer at TD Bank. His experience ranges from tax-exempt financing, SBA, CRE and construction loans, to interest rate derivatives, acquisitions, and public company sales and...
Security
Spectre and Meltdown – What You Need to Know
Hackers are always ready to exploit any opportunity to steal and misuse information. Two recently identified security flaws could allow hackers to steal sensitive data without your knowledge. Meltdown and Spectre exploit critical vulnerabilities in computer processors to allow programs to steal data processed on a computer. This might include passwords stored in a password...
Press Room
Building On Last Year’s Success
AEC Women’s Basketball Returns To Portland Gorham Savings Bank has partnered with MaineHealth as presenting title sponsors for the America East Conference Women’s Basketball Championship in 2018. Portland will host the tournament at the Cross Insurance Arena for the second consecutive year. Thousands of fans attended three sessions of quarter and semifinal games last season....
What's New
Misplaced Your Debit Card? Lock It!
LOST IT? LOCK IT. Now GSB retail debit card customers can manage and protect their debit card right from their phone. SECURLOCK LETS YOU CONTROL YOUR CARD FROM YOUR SMARTPHONE With SecurLOCK, you can control how, when and where your card is used, right from your mobile device. So, if you misplace your GSB...
Press Room
An Easier Way To Pay In Stores
Introducing Google Pay, Samsung Pay and Apple Pay! Enroll your Gorham Savings Bank MasterCard® Debit Card and spend less time at the checkout. Google Pay, Samsung Pay and Apple Pay allow you to use your debit card directly from your compatible mobile device. Your card number is never stored on your device, and when you pay,...
Press Room
Introducing the GSB Community Board Room
The GSB Community Board Room in Handy’s Market on Main Street in Yarmouth is now open! It can be reserved for community and business related meetings. There is no cost to use the room. Private Room with Large Board Room Table (sits 10-12) Capacity of Approximately 20 55″ Flat Screen TV with Cable Wi-Fi and...
What's New
GSB Website Has Adopted New “Dot Bank” URL
Exclusive URL extension gives customers an enhanced level of security As part of National Cybersecurity Awareness Month, Gorham Savings Bank transitioned its website URL from “GorhamSavingsBank.com” to “GorhamSavings.bank” on Monday, Oct. 30. Dot-bank TLD (top-level domain) extensions are only available to verified financial institutions that are chartered and supervised by a state or national...
Security
GSB to Hold Security Day 10/21
Community invited to properly dispose of sensitive documents On Saturday, October 21, large SecureRMS shredding trucks will be rolling in to Gorham Savings Bank’s Scarborough and Gorham branches. As part of Cybersecurity Awareness Month, the bank is inviting the community to protect themselves from fraud and identity theft by stopping by its Scarborough or...
What's New
System Upgrade October 14, 2017
We will be closed on Saturday, October 14, 2017, to implement a system upgrade, allowing us to improve efficiencies and better serve our customers. To complete the upgrade, systems including Online Banking, Mobile Banking, TouchTone Teller and Interactive Teller Machines will be unavailable beginning at 6:00pm Friday, October 13th until 7:30am Monday, October 16th. ...
Security
Facts About the Equifax Data Breach
Facts About the Equifax Data Breach Equifax Data Breach Equifax, one of the three largest credit reporting bureaus, recently identified a data breach potentially impacting more than 140 million U.S. consumers. The incident transpired from mid-May through July of this year. Here are some important facts you should know to protect yourself. What...
Press Room
GSB Presents Emerging Idea Winner with $10,000 Grant
Thomaston company utilizes a natural resource native to Maine American Unagi, a company that harvests Maine glass eels, or elvers, and raises them to market size, was presented with a check for $10,000 on Monday by Gorham Savings Bank CEO Chris Emmons. The $10,000 grant and $10,000 worth of in-kind marketing and PR services was...
Press Room
Gorham Savings Bank Adopts New Tagline, Brand
Banking is Believing is unveiled as new company mantra and customer promise GORHAM, Maine, June 7, 2017 — Gorham Savings Bank is proud to announce that it has adopted a new comprehensive brand and tagline. On Tuesday, the bank replaced its incumbent tagline A Breath of Fresh Banking with the new line, Banking is Believing....
Press Room
Gorham Savings Bank Announces Winner of $50,000 LaunchPad Grant
Good To-Go, a Kittery, Maine-based healthy meal delivery service, has won the 2017 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 judges in a packed USM Hannaford Hall. Good To-Go is...
Press Room
UMaine, GSB Announce Portland Football Partnership
The University of Maine athletics department and Learfield today announced a partnership with Gorham Savings Bank to bring UMaine football back to Portland, Maine for the first time since 2005. The first game of the partnership will be UMaine’s annual Jeff Cole Memorial spring scrimmage, held at Fitzpatrick Stadium on Saturday, May 6 at 4...
Press Room
GSB’s LaunchPad 2017 Finalists Announced!
Five early-stage Maine businesses have been selected as the finalists of Gorham Savings Bank’s annual LaunchPad small business competition. From an applicant pool of over 130 businesses, Good-To-Go, Jellux, North Spore, STARC Systems and UniteGPS rose to the top and will move onto the next round – a live pitch competition to be held the...
Press Room
GSB’s LaunchPad Enters Its Fifth Year
THE APPLICATION PERIOD FOR GSB’S LAUNCHPAD COMPETITION OPENS MARCH 15 Gorham Savings Bank is now accepting applications for its fifth annual LaunchPad business competition. In the competition, the premier Maine event of its type, promising early-stage small businesses will compete for a $50,000 grant prize from the Bank. The entry period opens on Wednesday, March...
Security
Be Wary of Tech Support Scams
Cyber criminals often send fraudulent email or text messages, or call and claim to be from Microsoft, Apple, your anti-virus company or internet provider. They may even setup fake online pop-ups with warning messages to call and get the “issue” fixed. They offer to help solve your computer problems, or sell you a software license....
Press Room
Education Is the Greatest Investment
Gorham Savings Bank Expands Financial Literacy Program for Maine High Schools “Raise your hand if you want to become a financial expert over the next year?” Gorham Savings Bank CEO, Chris Emmons, asked Gorham High School Juniors and Seniors at an assembly kicking off the Gorham Savings Bank Financial Scholars Program. The Gorham Savings...
Security
Cyber Security Awareness Month
Gorham Savings Bank is committed to educating and protecting our customers from fraud throughout the year, but especially during Cyber Security Awareness Month in October. Learn how you can stay secure by looking out for these common online scams and taking a few extra precautions to prevent cybercrime from happening to you. Source: Fraud.org,...