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Some branch lobbies may be temporarily closed. Please check before visiting, or schedule an appointment. Drive-ups and video tellers are open normal business hours. We apologize for any inconvenience this may cause.

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BANKING IS BELIEVING

News & Events

2021 Child Tax Credit Payments Started July 15, 2021

The 2021 Child Tax Credit in President Biden’s American Rescue Plan provides the largest Child Tax Credit ever and historic relief to families struggling financially amidst the pandemic. If you qualify for the 2021 child tax credit, you may have already received your first advance monthly payment on or around July 15, 2021. Before you...

Branch Lobby FAQs

1. What precautions does GSB have in place? To maintain the health and safety of our employees and customers we are observing the following COVID safety protocols. Questions? Call our Resource Team at (207) 221-8432. Require employees to wear face coverings regardless of vaccination status. Face coverings are strongly encouraged for customers. Have PPE and...

Wanted: Spare Change

Use the coin counter at our Gorham, Windham, or Portland Marginal Way locations and we’ll give you an extra 10%*. Or bring rolled coins into any GSB branch location. Due to the pandemic, banks around the country are still running low on nickels, dimes, quarters and pennies, but you can help. In Maine, the vast...

Credit Insights

Credit Insights is now available in the GSB Mobile App! Access your credit score and credit report, and can gain a better understanding of the key factors that impact your score. The service is free and allows you to: View your full credit report See what affects your credit score Get personalized tips for credit...

SBA PPP Funding Exhausted

After more than a year of operation, funding for the Paycheck Protection Program has been exhausted. The SBA will continue funding outstanding approved PPP applications. As of May 5, 2021, GSB will not be accepting any new applications. _______________ On December 27, 2020, legislation was signed that provides funding for a second round of SBA...

A Third Round of Stimulus Checks

With Congress recently approving a $1.9 trillion COVID-19 relief bill, a third round of economic impact payments (stimulus checks) is expected starting March 17th. The bill provides $1,400 to individuals making up to $75,000 per year and $2,800 to couples making up to $150,000, with payments phased out for higher incomes. An additional $1,400 payment...

Touch-Free Payments With Contactless Cards

Speed, simplicity, and security wherever the contactless symbol is displayed  Gorham Savings Bank is now issuing contactless debit cards. When you receive your new GSB card, just look for the contactless symbol when paying for items, tap your card against the symbol on the payment terminal until the light turns green, and listen for a...

Effective Wednesday, 11/18, All Branches Will Be Open For Drive-Up And Appointment Only

November 13, 2020 Effective Wednesday, 11/18/20, all branches will be open for drive up and appointment only. Call your branch to schedule an appointment. Drive-ups and video tellers are open during normal business hours. See hours for each of our convenient branch locations. We apologize for any inconvenience this may cause. When possible, we encourage...

Mobile Banking – Deposit A Check, Pay Back A Friend & More

Mobile banking makes managing your money from home convenient and easy. Simply download the Gorham Savings Bank app for iOS  or Android to deposit a check, pay back a friend, check your account balance and more. You can also monitor account activity, helping you stay on top of daily transactions to protect against fraud or...

PPP Loan Forgiveness Program

The SBA has created two applications – PPP Loan Forgiveness Application Form 3508EZ and PPP Loan Forgiveness Application Form 3508. Please refer to Application Form 3508EZ Instructions for Borrowers and Application Form 3508 Instructions for Borrowers to determine which application should be completed. Additional information regarding the use of SBA Form 3508EZ is also included...

Portland Small Business Grant + Loan Programs

On May 19th, the City of Portland launched three new loan and grant programs for small businesses.   Business Assistance Program for Job Creation (Rehiring) The City of Portland’s COVID-19 Business Assistance Program for Job Creation (Rehiring) (BAP) provides $5,000 in grant funding to small businesses for rehiring two or more full-time employees that were on the payroll as of January 31, 2020....

Three Additional Branches Equipped with Video Teller Machines

We’re working hard to make it easier to manage your accounts remotely during the current health crisis. That’s why we’ve added Video Teller Machines in Waterboro, Westbrook & Windham. Three of our ATM locations have been upgraded to Video Teller Machines with an increased level of service – just touch the screen to connect with...

GSB Will Continue To Operate In Its Current Model

In keeping with Governor Mills latest statewide directive and the City of Portland’s recent Emergency Order, identifying banks as ‘essential services,’ GSB, across our footprint, will continue to operate in its current model, serving customers via drive-up, Video Teller Machines, ATMs and online and mobile channels. GSB is carefully monitoring guidance from the federal, state...

Our Proactive Response to COVID-19

To better ensure the health and safety of our employees and customers, we are restricting all branches to DRIVE-UP SERVICE ONLY until further notice. We’re Prepared Our crisis action team has been proactively monitoring the outbreak.  We regularly review guidance from federal, state and local authorities to keep our employees informed and implement best practices, including...

GSB’s LaunchPad Opens March 1

Kate McAleer (founder, Bixby & Co.), Becky McKinnell (founder, iBec Creative) and Rich Peterson (president, MaineHealth and CEO, Maine Medical Center) will help judge this year’s competition Gorham Savings Bank will begin accepting applications on March 1 for its eighth annual LaunchPad small business competition. In the competition, the premier event of its type in...

Positive Pay can protect you from check fraud losses

Please be aware that we’ve recently seen an uptick in business check fraud, mainly from unattended mail. It’s important to have either a P.O. Box or direct delivery inside an office. Our Positive Pay service can give you peace of mind and protect you from losses due to fraudulent checks. With Positive Pay, we review...

GSB Transitions Email Address to @GorhamSavings.Bank

In 2017, GSB changed its website address from GorhamSavingsBank.com to GorhamSavings.Bank for added security. Dot bank domains are reserved exclusively for the banking industry, so they are more difficult to spoof and help prevent users from being redirected to a fake bank website. To complete the transition, we have updated our email addresses as well,...

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...

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...

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...

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....

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...

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,...

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...

New Mobile App Feature – Cardless Cash

Use your smartphone to withdraw cash – quickly and securely with Cardless Cash GSB Mobile Banking users can now make an ATM cash withdrawal directly from their mobile phone anytime, anywhere. Secure – Schedule cash withdrawals before arriving at a GSB enabled ATM (see list below). No card or PIN needed, which protects sensitive information....

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...

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...

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.

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...

Take Control Of Expense Management With BizNOW™

With BizNOW prepaid cards, you can save time and effort in managing your cash flow and employee expenses. BizNOW offers speed, flexibility and real-time reporting on-the-go. Get started today! SIGN UP