Mainebiz Special Editions

61 B U S I N E S S P RO F I L E S B U S I N E S S P R O F I L E S S P E C I A L A D V E R T I S I N G S E C T I O N is commitment to community is further evident in Mascoma's membership in the Global Alliance for Banking on Values (GABV), a network of independent banks and banking cooperatives with a shared mission to use finance to deliver sustainable economic, social, and environmental development. Founded in 2009, GABV com- prises 70 financial institutions operating in over 45 countries across Asia-Pacific, Africa, Latin America, North America, and Europe. Mascoma Bank is thrilled to join this legion of like-minded financial institutions working toward a better future for all. "When banks work together toward shared goals, we have the opportunity to make a far greater impact on our local com- munities and the world at large," said Andrew Cook, Senior Vice President and Maine Market Manager "It's the obvious next step for Mascoma. We understand our economic interdependence and responsibility to current and future generations, and we take that responsibility very seriously." Committed to Your Future Kelly Dorsey, Senior Vice President and Treasury & Business Services Manager, describes Mascoma Bank's role as a Benefit Corporation this way: "More than 125 years ago, community leaders and businesspeople came together in the Upper Valley and built a bank for the community, and now that's what we're doing in Maine. All new clients we seek to work with are bricks in our foundation." She goes on to explain, "As the bank grows and is more profitable, we can return more money to the com- munity. is is one of the most meaningful parts of being with a bank dedicated to making a difference." Mascoma team members are committed not only to their work in the office but also to their work in the community – volunteering and participating is an integral piece of bank culture and one the organization supports by offering paid time for volunteer efforts. "Our team members understand that Mascoma is truly focused on its communities," Cook said. "We are all about pro- viding support where we can, whether that's financial, practical, or simply showing up." From the Maine Heart Association board to United Way of Southern Maine, Mascoma Bank is dedicated to being part of the solutions that make our region and its people strong. Since 2020, in addition to sponsoring events, Mascoma Bank and the Mascoma Bank Foundation have donated almost $400,000 to organizations in Maine. Mascoma team members are also well known for giving their time as volunteers to the following organizations, as well as many more: Big Brothers Big Sisters of Southern Maine Greater Portland Immigrant Welcome Center Healthy Homeworks Cumberland North Yarmouth Little League Portland Regional Chamber of Commerce Greater Portland Council of Governments Maine Bankers Association Maine Medical Center Maine Health Longevity of Experience "e brainpower in this organization is extremely impressive," said Cook. "Our team has the breadth of knowledge and experi- ence to meet challenges with integrity and acumen. We adapt to a changing financial landscape with flexibility and rigorous stan- dards. And everyone at the bank recognizes that our employees are our greatest asset." Today's team members continue that tradition by bringing their considerable experience and expertise to work every day. From the New Markets Tax Credit program to Treasury Services to com- mercial lending, the bank is working to better the lives of busi- nesses, nonprofits, municipalities, and individuals here in Maine. Mascoma Bank – constantly renewing its promises to the community for more than a century. l Above left: Mascoma Bank supports Maine individuals and families through donations to local nonprofit groups, including Tedford Housing. Left: Mascoma Bank volunteers clean up debris on the Maine Island Trail. Above right: Members of the Mascoma team (from left to right): Todd Bachelder, Amberlynn Esperanza, Andrew Cook, Kelly Dorsey, Ryan Bishop, Paula Watson, and Garrett White. P H O T O C O U R T E S Y O F M A S C O M A B A N K P H O T O C O U R T E S Y O F M A S C O M A B A N K P H O T O C O U R T E S Y O F M A S C O M A B A N K

• Cover