BANKING IS BELIEVING

News & Events

You Win With Your Loose 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. Just as household supplies have been disrupted during the pandemic, the coronavirus has triggered another shortage – pocket change. Banks around the country are running low...

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...

Branch Reopening FAQs

As many Maine businesses prepare to reopen, we are pleased to let you know GSB will soon be implementing its plans to return to normal operations. Below is a list of questions you may have as we begin reopening branches to our customers. 1. Why is Gorham Savings Bank reopening now? The health and safety...

GSB Reopening Branch Lobbies

As many Maine businesses prepare to reopen, we are pleased to let you know that GSB has started reopening our branch lobbies. Like other businesses that serve the public, we will be implementing a phased approach, with customer and employee safety as our primary goal. In addition to  our Yarmouth and South Portland lobbies, which...

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....

Current Status of the SBA Paycheck Protection Program

The SBA Paycheck Protection Program closed August 8, 2020 and is no longer accepting applications. If you have questions about an existing application, please contact your lender. Thank you for choosing Gorham Savings Bank as your banking partner for the Paycheck Protection Program.

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

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...

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...

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.  ...