News
Here’s where we talk about what’s going on at Gorham Savings Bank and in our community. When we come across an interesting story about someone, someplace, a business, or an event, we will bring it to you. We will also post important information such as alerts concerning fraud, or tips on ways to navigate through financial challenges.
Long-Time GSB CEO Chris Emmons to Retire
04.02.18

 

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 Coster will be the Bank's new board chair.

Under Emmons’s tenure, which began in 2003, Gorham Savings Bank more than doubled in asset size, eclipsing $1 billion in 2017, while growing from six to 13 branch...

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03.14.18

 

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 entry period opens on Thursday, March 15 and closes on Sunday, April 15 at 5:00pm. Entrepreneurs, start-ups, and established companies can enter via an online application at GorhamSavings.Bank/LaunchPad - no...

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02.26.18

 

Strong Loan Demand Necessitates Expansion of Bank’s Credit Team

 

Gorham Savings Bank, a premier southern Maine community bank, has hired Josh Steirman as Senior Credit Officer.

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01.31.18

 

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...

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01.16.18

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 manager or browser, your personal photos, emails, instant messages and even business-critical documents.

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12.22.17

 

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....

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12.20.17

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 debit card—or suspect it might have been stolen—SecurLOCK lets you turn it off with just the touch of a button. And...

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Dot Bank
10.25.17

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 government agency; and to use one,...

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Security Day
10.16.17

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 Gorham branches from 9:00am to noon to properly dispose of sensitive but no-longer-needed documents. This might include copies of tax returns, bank statements, voided checks, employee pay stubs,...

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System Upgrade
10.05.17

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.

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