In February of 1827, 48 prominent citizens of Saco appealed to the State Legislature for the Saco & Biddeford Savings Institution charter. Announcing our opening on May 23rd of that same year, we received our first deposit of $3 one week later.
We've come a long way since that first deposit. Our progress and growth stem from providing exceptional service and loyalty to our customers and our communities. Our statement of purpose was written over 180 years ago, but we've never lost sight of our roots. Our rates and policies are not defined by potential profit, but continue to uphold our initial promise to give customers the best rates and lowest fees possible.