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Biddeford Savings’ Alfred Street branch is moving to a new location

Mar 8, 2012

Biddeford, Maine – Biddeford Savings will be relocating its Alfred Street branch to a new home, according to an announcement from Charles Petersen, President and CEO of Biddeford Savings.

Biddeford, Maine – Biddeford Savings will be relocating its Alfred Street branch to a new home, according to an announcement from Charles Petersen, President and CEO of Biddeford Savings.

Currently located at 417 Alfred Street (Route 111) in Biddeford, the branch will be moving to a new building to be constructed at 473 Alfred Street, Biddeford, on the corner of Alfred Street and West Cole Road, near Southern Maine Medical Center. And although the branch isn’t relocating far from its current home, bank officials hope the move goes a long way toward enhancing service to its’ customers.

Having outgrown their current location the bank considered various options for expansion. But with the increased traffic on Route111, the bank felt that moving to a more accessible location would be in the best interest of the bank and its’ customers.

“Route 111 has grown significantly over the last few years and access to the branch was becoming more difficult,” noted Petersen. “In addition, we needed to expand our current location so we could make this the customer-focused building we feel our customers deserve. When all points were considered, a new office just made sense to us.”

The new branch will feature a brighter, less cluttered interior with more amenities for employees and customers, including improved drive-up banking and ATM access, easier branch accessibility and an improved customer experience. The branch will continue to provide the same personal banking and business banking products and services it does today.

Biddeford Savings opened the branch 32 years ago and Gail Nason has been the branch manager for the past two and half years.  “We’re very excited to begin construction on our new branch.  The new location will make it even more convenient for customers to do their banking.” said Gail Nason.

The bank expects to open the new branch by early 2013.

Biddeford Savings is an independent, mutual savings bank committed to the communities it serves. It has five branch locations: 65 Portland Road in Kennebunk, Route 202 in Waterboro, 360 US Route One in Scarborough, 417 Alfred Street in Biddeford, and its main office at 254 Main Street in Biddeford. It also has a Business Banking Center at 234 Main Street, Biddeford. To learn more, visit biddefordsavings.com.