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.

The semifinalists for the 2014 LaunchPad program have been chosen. Congratulations to these twelve Maine entrepreneurs!  Visit our website March 18th – 27th to view their business ideas and vote!

Biovation, Boothbay Bixby & Co., Rockland Chimani, Yarmouth Double Blue Sports Analytics, Orono Eepybird Studios, Buckfield Flowfold, Peaks Island Garbage to Garden, Portland Introspective Systems, Peaks Island Invisible Intelligence, West Gardiner Litl’ Squirts, Cumberland The Holy Donut, Portland Wag Rags, Readfield

In it’s second year, there were 130 LaunchPad entries from...

Image of Bank Volunteers

Gorham Savings Bank was recognized for its five-year commitment to the community by United Way of Greater Portland and the Greater Portland CA$H Coalition (CA$H). Gorham Savings Bank employees have dedicated at least 2,000 volunteer hours to help improve household financial stability at CA$H free tax preparation events since the partnership began. The announcement was made during the busiest day of Gorham Savings Bank’s “Make the Most of Your Money” week.

More than 500 individuals and families have been assisted by bank volunteers at the free income tax preparation and asset...


Maine Technology Institute (MTI) and Blackstone Accelerates Growth (BxG) will present a Technology Award of $5,000 worth of services to one LaunchPad semifinalist that shows the best use of technological innovation as the basis for creating a new business in Maine. The MTI / BxG Technology Award will be based on the innovativeness of the technology, the scale of the business opportunity and quality of the business plan presented.

The recipient of the award will be determined by the same independent panel of seven judges that select the LaunchPad semifinalists. As the Technology...

Eric Andrews, chief banking officer. Andrews will be responsible for several lines of business, including residential and consumer lending, retail banking, small business banking, credit and collection functions, and cash management. Prior to joining Gorham Savings Bank as chief risk officer in 2012, Andrews was senior vice president and loan officer at Kennebunk Savings Bank. He has 26 years of banking experience, and earned a MBA at University of Southern Maine and a B.S. in business administration from University of Maine Orono. Cheryl Brandt, executive vice president, retail banking... More
Launchpad Logo

I caught up with Pika Energy’s Director of Business Development, Andrew Hickok, for an update since receiving $30,000 from the 2013 LaunchPad competition. I also asked what advice they would give to this year’s LaunchPad applicants. Note, the entry period for LaunchPad 2014 ends February 14th at 11:59pm, E.S.T. For complete details, rules, and entry form, visit

You used the $30,000 LaunchPad award to move into a new building. How is that going? Any new/big developments you can share with us?

Our recent focus has been building up our production...

Paula Silsby

Gorham Savings Bank is pleased to announce the appointment of Paula Silsby to the board of directors.

Paula D. Silsby (Portland) has joined the Gorham Savings Bank board of directors. Now retired, Silsby is active in the community, adjunct professor at University of Maine School of Law, and a corporator at Gorham Savings Bank. She spent her career handling civil and criminal cases in the United States Attorney’s Office for the District of Maine; serving as United States Attorney from 2001-2010, chief of the criminal division and senior litigation counsel. In addition to her work at...

Lydias Poster Design

Last week, on a cold December morning, Gorham Savings Bank President & CEO Chris Emmons surprised Lydia Pinard of Gray-New Gloucester Middle School with the news that she won $1,000 for her class in the Anything Is Possible poster contest.  Lydia was being recognized at a “Student of the Month” assembly, so it was the perfect opportunity to present the $1,000 award to Lydia amongst her peers.  Lydia’s parents were also in attendance to surprise her (and to stand in the back of the room as extremely proud parents).

“I was totally surprised today and was so happy that I...

Team With Wind Blades in Hand

As both a spectator and (frequently) self-proclaimed intellectual I can attest that last year’s Launchpad competition was an engaging presentation of innovation and salesmanship. Besides the inescapable backdrop of competition, LaunchPad offered us an inspiring glimpse of progressive Maine business, human interest stories, and infinite more reasons I belong in audiences and not on stage.


More than 200 applications were whittled down by judging panels and popular vote; in the end Pika Energy of Gorham, Maine and their home wind turbines were selected as the first-ever...

Paid Balance

We are modifying the way you login to Business Bill Pay on Saturday, October 12, 2013. There will be an interruption in service for approximately an hour that day, however we are not able to pinpoint the exact time the update will take place.


What’s New?  


We are upgrading the way Business customers access the Bill Pay system. Users will no longer need to login to Business Bill Pay separately from Online Banking.  A single Online Banking login will give you access to the Bill Pay system.


Why did we upgrade?   Con... More
Mobile Banking at the Beach
Did you know you can deposit a check with a smartphone?   How?  


It’s easy, really, especially after you’ve done it once.  Download the GSB Mobile App from your App Store (at no charge). If you need an activation code, log into Online Banking on a computer first, find the Administration drop down menu, and choose Mobile Banking. Then go back and use the code provided to activate your Mobile App.  Use the DEPOSIT button at the bottom of your mobile screen, click start a new deposit, and follow along. After you complete your deposit you will receive a “...