Skowhegan Savings Bank

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Competitive, Customized Business Financing 

Why Skowhegan?

Personal Guidance

Custom Financing

Local Decision Makers

We build relationships with businesses so we can help them achieve their goals.

Working with businesses throughout the state of Maine for over 150 years.

Our team of experts will help you get the financing your business needs.

Customized Loan Solutions

At Skowhegan Savings we approach commercial lending by focusing on the needs of the customer first – and offering products, services, and solutions that meet them. We see each customer as an individual; there are no cookie cutter approaches. All loan decisions are made locally, and we never sell our loans or account servicing, so you always know with whom you are dealing.

At Skowhegan Savings, We Offer the Following Business Loan Options:

Commercial Construction Loans


When you are ready to build a new facility, put on a major addition, or make renovations, we are here to help.

Lines of Credit



A line of credit is a versatile business tool, giving you pre-approved access to funds when you need them for operating expenses, inventory purchases, or accounts receivable.

Equipment Loans



Term loans for the purchase or refinancing of equipment, usually for terms of 5 to 7 years, depending on the economic life of the equipment.

Commercial Real Estate Loans


For the purchase, renovation, expansion, development, or simply the refinancing of commercial use properties

Equipment Rollovers


This is a line of credit used to purchase or refinance equipment, with a pre-set repayment term and commitment.

Time Notes


A commercial time note can be used to obtain funds needed to supplement normal business operations.

Municipal Banking


Let Skowhegan Savings customize a package for your municipality. Our rates and fees are competitive and our services are unbeatable.

Other Options


Skowhegan Savings partners with many agencies to expand our ability to meet various needs.

Meet Our Team

Every customer is treated with integrity and respect. When you walk through the doors of any of our 11 Maine branches, you can count on a highly personalized banking experience and an honest, forthright team of employees that are genuinely interested in meeting your individual needs. To us, personalized banking is about fostering relationships with our customers, not selling transactions. Our commitment stems from the opportunity and enjoyment we get in serving the needs of our customers.


Skowhegan Savings has helped many generations of Maine families achieve their dreams and our dedication to building strong communities remains steadfast.

Steve Thomas

SVP Senior Commercial Lender

All Branches

Greg Legier

VP Regional Commercial

Banking Manager

All Branches

Steve Gray

VP Commercial Banker

All Branches

Chris Farmer

VP Regional Commercial

Banking Manager

All Branches

John Butera

VP Commercial Banker

All Branches

Tara Russell

VP Commercial Banker

All Branches

Ed Goff

AVP Commercial

Banker

All Branches

Donna Fortin

VP Deposit Relations Manager

All Branches

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