Mutual Rewards: Community = Strength

At Biddeford Savings, we do things a little differently. Our commitment to customers is at the heart of everything we do. Unlike larger banks, we don’t send dividend checks to out-of-state shareholders. When it’s time to pay an end-of-year bonus, we share the profits through our Mutual Rewards program with the people who deserve it most — our customers. You don’t need to do anything to get your share of the profits—your Mutual Rewards payment will be automatically deposited into your account. Based on our 2008 performance, we paid a third Mutual Reward of $117,000 to our customers, bringing the three-year total to $338,000. In a time when major banks are criticized for giving extravagant bonuses to executives, we can proudly announce that bonuses were paid to our customers. This is what we mean by “Share the Profits Banking” and it truly is a whole new equation! To us, it’s all about serving our depositors a “bigger slice of the pie."

Helping to Make Our Communities
Better Places to Live

Our commitment to sharing doesn't end with profit sharing. Biddeford Savings believes strongly in supporting our communities. To us, giving something back by investing locally is a tradition. Over the years, we have contributed to numerous organizations that benefit the community in many meaningful ways. From actively supporting United Way programs to providing food and gifts to families in need, Biddeford Savings has endeavored to do its part in helping to make the communities we serve better places to live.