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News & Events

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, […]

Wish Tree Program – July & August Wishes Granted

Gorham Savings Bank granted 20 wishes in July and August totaling $20,000 as part of its 150th anniversary Wish Tree program. With a goal of granting $150,000 worth of wishes in 150 days, the first and second round of wishes fulfilled included snow plow service this winter for a working single mother in Waterboro, plane […]

New Mobile App Feature – Lock Your Debit Card with Card Controls

Card Controls now available in the GSB Mobile App 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. […]

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 […]

GSB to Celebrate 150 Years by Granting $150,000 Worth of Wishes over 150 days

Gorham Savings Bank, in celebration of its 150th anniversary, announced it will grant up to $150,000 of wishes over 150 days as part of a community giving program called Wish Tree.   Putting their own spin on the age-old tradition, the Bank placed a Wish Tree in each of their branches and is inviting customers […]

ITMs Now Open Until 7pm, Weekdays

Your summer days are longer so we’ve extended our ITM hours weekdays from 6 pm to 7 pm. If you haven’t used one of our Interactive Teller Machines before, this is a great opportunity to give one a try! It’s like a branch in a box – use it to do a variety of transactions […]

Gorham Savings Bank Announces Winner of $50,000 LaunchPad Grant

North Spore of Westbrook, a returning finalist from 2017, who produces specialty mushrooms, mushroom products and mushroom spawn took the top prize at Gorham Savings Bank LaunchPad competition and its corresponding $50,000 cash prize. The company was chosen from among five finalists who pitched their small business concepts Tuesday night to a panel of independent […]

Community bank works to help Maine entrepreneurs be more financially confident

15 small businesses including North Spore Mushroom Company, Two Fat Cats Bakery and Tito Masonry & Construction recently participated in a new five-part workshop series created to help Southern Maine entrepreneurs better understand their businesses’ financials. The program, called Forward with Funding, was created by Gorham Savings Bank along with seasoned business coaches Michelle Neujahr […]

Gorham Savings Bank Announces Finalists for $50,000 LaunchPad Grant

Gorham Savings Bank, a leading Southern Maine financial services institution, has selected five Maine businesses as the finalists of its annual LaunchPad small business competition. From an applicant pool of over 180 businesses, American Roots, Bangs Island Mussels, Blue Ox Malthouse, North Spore, and Wallace James Clothing Co. rose to the top and will move […]

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

New Fraud Protections Now In Place

To provide further protection, customers will now receive text and email messages if suspicious purchases are detected. We will ONLY ask you to verify whether the purchase is valid or not. We will not ask for account or personal information. Customers are encouraged to provide updated mobile phone numbers and email addresses by contacting the […]

Long-Time GSB CEO Chris Emmons to Retire

Bank announces new president, board chair, and vice chair as part of new succession plan. Gorham Savings Bank, a leading Southern Maine financial services institution, announced today that after 15 years of service Christopher Emmons, president and CEO, will retire at the end of this year. Stephen deCastro has been promoted to president, and Katherine […]

$50,000 LaunchPad Competition Enters its Sixth Year

The application period for Gorham Savings Bank’s LaunchPad competition opens March 15. Gorham Savings Bank will begin accepting applications for its sixth annual LaunchPad small business competition on March 15. In the competition, the premier event of its type in Maine, promising small businesses compete for a $50,000 grant prize from the Bank.   The […]

GSB Hires Senior Credit Officer

Gorham Savings Bank, a premier southern Maine community bank, has hired Josh Steirman as Senior Credit Officer.   Steirman most recently worked as a commercial bank examiner and team leader for the Federal Reserve Bank of Boston. Prior to that, Steirman worked as a Senior Bank Examiner for the Massachusetts Division of Banks.   “We […]

GSB Adds Experience and Expertise with New Hire

Gorham Savings Bank, a premier southern Maine community bank, has hired seasoned Commercial Lender Nicholas Weightman, CRC®, to join its commercial lending team. Weightman was recently Vice President, Commercial Loan Officer at TD Bank. His experience ranges from tax-exempt financing, SBA, CRE and construction loans, to interest rate derivatives, acquisitions, and public company sales and […]

Spectre and Meltdown – What You Need to Know

Hackers are always ready to exploit any opportunity to steal and misuse information. Two recently identified security flaws could allow hackers to steal sensitive data without your knowledge. Meltdown and Spectre exploit critical vulnerabilities in computer processors to allow programs to steal data processed on a computer. This might include passwords stored in a password […]

Building On Last Year’s Success

AEC Women’s Basketball Returns To Portland Gorham Savings Bank has partnered with MaineHealth as presenting title sponsors for the America East Conference Women’s Basketball Championship in 2018. Portland will host the tournament at the Cross Insurance Arena for the second consecutive year. Thousands of fans attended three sessions of quarter and semifinal games last season. […]

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 […]

An Easier Way To Pay In Stores

Introducing Google Pay, Samsung Pay and Apple Pay! Enroll your Gorham Savings Bank MasterCard® Debit Card and spend less time at the checkout. Google Pay, Samsung Pay and Apple Pay allow you to use your debit card directly from your compatible mobile device. Your card number is never stored on your device, and when you pay, […]

Introducing the GSB Community Board Room

The GSB Community Board Room in Handy’s Market on Main Street in Yarmouth is now open! It can be reserved for community and business related meetings. There is no cost to use the room. Private Room with Large Board Room Table (sits 10-12) Capacity of Approximately 20 55″ Flat Screen TV with Cable Wi-Fi and […]

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 […]

GSB to Hold Security Day 10/21

Community invited to properly dispose of sensitive documents On Saturday, October 21, large SecureRMS shredding trucks will be rolling in to Gorham Savings Bank’s Scarborough and Gorham branches.   As part of Cybersecurity Awareness Month, the bank is inviting the community to protect themselves from fraud and identity theft by stopping by its Scarborough or […]

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.   […]

Facts About the Equifax Data Breach

Facts About the Equifax Data Breach   Equifax Data Breach Equifax, one of the three largest credit reporting bureaus, recently identified a data breach potentially impacting more than 140 million U.S. consumers. The incident transpired from mid-May through July of this year. Here are some important facts you should know to protect yourself.   What […]

GSB Presents Emerging Idea Winner with $10,000 Grant

Thomaston company utilizes a natural resource native to Maine American Unagi, a company that harvests Maine glass eels, or elvers, and raises them to market size, was presented with a check for $10,000 on Monday by Gorham Savings Bank CEO Chris Emmons. The $10,000 grant and $10,000 worth of in-kind marketing and PR services was […]