GSB News - 01.15.15

LaunchPad Business Competition is Underway!

Win $30,000 for your businessGorham Savings Bank is giving away $30,000 to help fund the growth of a Maine business! One of the biggest barriers for entrepreneurs can be the lack of funding. LaunchPad not only celebrates great ideas but provides the resources to help bring these ideas to life.

Maine business owners, creators, inventors, and entrepreneurs can compete for $30,000 by submitting a viable business proposal via our website,, beginning January 15th. An independent panel of judges will review all applications and select a group of semifinalists. Through a combination of community and panel votes, 5 finalists will be selected. These 5 finalists will pitch their idea at the live LaunchPad Competition on June 18th, where $30,000 will be awarded to the winner!

January 15, 2015 – March 1, 2015

Entry form, official rules, and information about the contest are available at

Legally registered Maine based business, or legal residents of Maine, age 18 or older can apply. Past LaunchPad applicants and finalists are welcome to re-apply.

Entry Period: January 15 – March 1
Notification of Semifinalists: by April 10
Public Voting Period: April 20 – May 15
Notification of Finalists: by May 20
Live Competition at USM’s Abromson Center in Portland: June 18

Please email if you have any questions about this contest.

Community News, GSB News - 12.19.14


This week, Boys & Girls Clubs of Southern Maine will host their annual holiday parties and by the kindness of their community, hundreds of Club members, young and old, will have a holiday gift to unwrap.  The Winter Wishes program through Gorham Savings Bank was able to collect 230 presents for Clubhouses in Sagamore Village, Riverton Park, and downtown Portland - just in time for the holidays. Each Clubhouse submitted a wish-list of toys that members asked for and in a few short weeks, the community responded with incredible generosity. The result was a mountain of presents sitting in the lobby of Gorham Savings Bank’s Long Wharf location.

Throughout the Winter Wishes three-week campaign, GSB customers who entered the branches in Portland and South Portland were greeted by hanging snowflakes with toy requests, such as a basketball for an eight year old boy or a stuffed animal for a five year old girl. One by one, customers plucked the wishes from dozens of choices, and the new toys started piling up.

Started six years ago, Winter Wishes granted more gifts this season than ever before, and it was achieved by the same Gorham Savings Bank customers and employees that have come to the rescue each year. More wishes were filled this season and more cash donations were received, cementing the success just in time for everything to be wrapped for the Boys & Girls Club members in Portland.

Families do not always have the means to celebrate the holidays in ways that many of us take for granted. “Winter Wishes ensures that community youth, especially those who need Boys & Girls Clubs the most, are remembered during the holiday season by providing hundreds of deserving members with a special holiday gift.” said Bob Clark, Chief Executive Officer of Boys & Girls Clubs of Southern Maine. “We’re exceptionally grateful to Gorham Savings Bank for their generosity over the years.”

What’s more than a gift for each child is our collective message that we have their backs. The community gave Boys & Girls Club members some excitement, happiness and more importantly, inclusion into the holiday season.  It is absolutely what this time of year is all about.

GSB News - 12.12.14

GSB Promotes Several Employees

Gorham Savings Bank is pleased to announce the promotion of Susan Laliberte, Julie Viola, Jane Cirone, Katherine Damon, Lisa Thomas, Lisa Hughes and Jessica Burbank.

Susan Laliberte Vice President, Retail Loan Processing and Underwriting Manager.  Laliberte has 30 years of experience in residential lending and will be responsible for the day to day operations of the loan processing and underwriting departments. She is a graduate of the Center for Financial Studies at Babson College and earned a B.S. from University of Maine.

Julie Viola Vice President, Business Banking Manager, previously Vice President, Business Banking Portfolio Loan Officer has been in commercial banking for more than 13 years. Viola earned a MBA at Thomas College and a B.S. in management from Bentley University.

Jane Cirone Vice President, Finance and Accounting Manager. Cirone joined Gorham Savings Bank in 1996 and has served in many roles including Commercial Loan Credit Analyst and Senior Financial Analyst. She earned a MBA from Husson University and a B.S. in business from Saint Joseph’s College. Cirone is the current chair of the Standish Budget Committee.

Katherine Damon Vice President, Regional Senior Business Officer, previously Vice President, Mortgage Loan Officer has been in banking for more than 17 years. In her new role, Damon will focus her efforts on business development in the Windham and Falmouth regions.

Lisa Thomas Assistant Vice President, Employee Development Officer. Thomas came to Gorham Savings Bank in 1992 and has previously held a number of positions including Assistant Branch Manager and Training Officer. She is certified in training and development from the University of Southern Maine.

Lisa Hughes assistant vice president, senior business officer. Hughes joined Gorham Savings Bank in 2001 and has been in banking for 18 years, most recently as Business Banking Analyst. In her new role, she will be responsible for business development in the Gorham, Standish and Waterboro regions. Hughes is a graduate of Husson University.

Jessica Burbank Assistant Vice President, Regional Banking Center Manager. Burbank has been in banking for more than 13 years, the last 11 with Gorham Savings Bank. She will manage the day to day operations of the Bank’s three locations in Windham and Falmouth.

Tips & Alerts - 11.25.14

Keeping a watchful eye during the holidays

You decided to brave the Black Friday crowds. You’ve been waiting in line at for hours to purchase a must have video game for your son, finally make it to the checkout counter, swipe your card, and the transaction is declined. GASP! What!? I don’t understand. A phone call to your card issuer reveals that your information has been stolen, and your account has been maxed out. You recall a strange phone conversation the week before with someone claiming to be from your bank. You were asked to confirm your SSN and your account number. And you did. Because it was your “bank”, and you trusted them…

We hear stories like this all too often. And we can’t stress enough the importance of NEVER providing full account information or your full SSN over the phone. Never. Ever.


What may help you rest a little easier…

At Gorham Savings Bank, we use a third party fraud monitoring service that watches activity on your card(s) 24/7. Representatives may try to contact you to confirm transactions, so it’s important to make sure we have your current phone number(s) on file.

Some calls from the fraud monitoring service are automated and will ask you to provide information to verify your identity, but they will NEVER ask you to provide your full card number, full account number or full SSN. 



If you are planning on travelling over the holidays, it’s a good idea to let the bank know.  Although this will make it less likely that a transaction from outside your local area will be inadvertently blocked, it’s always a good idea to have a second form of payment available, if possible.


What you can do to help avoid stories like the one above?

While the fraud monitoring system does a great job of detecting possible fraud, we recommend that you monitor your account activity as often as possible, using tools like Online Banking,  Mobile Banking and account alerts. You should also notify us as soon as possible if fraudulent activity is detected by calling (207) 839-4796.

If your card is lost or stolen, or if you detect fraud after hours, you can close your card by calling the following numbers:

ATM/Debit Cards 1-800-500-1044

Credit Cards 1-800-883-0131


Community News - 11.20.14

Maine Marathon Donates More Than $50K to Robbie Foundation

Gorham Savings Bank was host to the Maine Marathon check presentation on November 6th. That evening a check of more than $50,000 was given to members of the Robbie Foundation.

The Robbie Foundation is a non-profit organization bridging the gap for children with developmental disabilities by funding adaptive equipment, assistive technology and therapy treatment not covered by insurance. By providing such services, they hope to improve the quality of life for children with special needs..

The Maine Marathon, Half Marathon and Marathon Relay took place this year on October 5th and raised over $100,000. In addition to the Robbie Foundation, checks were also presented to: Dream Factory of Maine, Camp Susan Curtis, Camp to Belong, and Strive.

Gorham Savings Bank is thrilled to be the title sponsor of the Maine Marathon, a race organized by an amazingly dedicated group of volunteers. Since 1997, the Maine Marathon and its participants have raised more than $3,000,000 for charity.

To find out how you can get involved, visit

GSB News - 11.05.14

Jere G. Michelson Joins Gorham Savings Bank Board of Directors

Jere G. Michelson, executive vice president and chief financial officer for the Libra Foundation, was elected to the Gorham Savings Bank board of directors.

Michelson’s responsibilities include oversight of all financial aspects of the Libra Foundation’s interests. He was previously a member of the management group at Baker Newman Noyes and concentrated his practice within the firm’s corporate tax department.

“Jere’s skill set and experience will be a tremendous addition to our board,” said Chris Emmons, president and chief executive officer of Gorham Savings Bank. “His strong commitment to community and active involvement with numerous nonprofit organizations is consistent with our mission and values.”

Michelson, a resident of Scarborough, Maine, received his bachelor’s degree in accounting, from the University of Southern Maine, and his master’s degree in taxation, from Thomas College. He is a member of the board of trustees at Maine Medical Center, a board member of Pineland Farms Natural Meats, Inc. and Pineland Farms Potato Company, Inc.  Through appointment by Senator Susan Collins, Michelson serves on the Military Academy Selection Committee.



GSB News - 09.29.14

Daniel Hancock Named Cash Management & Business Development Officer

Daniel Hancock was recently named Regional Vice President, Cash Management & Business Development Officer. Dan, previously Regional Vice President, Senior Business Officer, has more than 15 years of experience in the financial services industry. In this new role, he will expand his business development efforts, which were previously focused in the Windham, Waterboro, and Falmouth communities, to grow existing customer relationships and acquire new banking relationships in all areas that the Bank serves. Dan is a graduate of Colby Sawyer College and the New England School of Financial Studies. He serves on the board of the Windham Economic Development Corporation, he is the past president of the Sebago Lakes Region Chamber of Commerce, and current Community Reinvestment Act Officer for the Bank.

GSB News - 09.25.14

GSB Employees Support Bank’s Wellness Initiative

We had another successful growing season at the Bank’s Operations Center this past summer. For the 2nd year, Operation Center employees planted a vegetable garden behind the building on Gray Road in Gorham.

The garden is one of the ways employees are helping to support the Bank’s wellness initiative and it’s a great way to demonstrate how easy and fun it is to grow vegetables.

Building on the success of last year, and with a generous donation from Skillins Greenhouses, the garden was expanded. Last year we grew Peas, Cucumbers, String Beans, Tomatoes and Marigolds.

The expansion has allowed for the addition of Strawberries, Squash and a Giant Pumpkin. If the squash continues to grow well, they will be added to this year’s Thanksgiving Baskets donated to area families.

All of the produce harvested from the garden is placed in the Operation Center kitchen for everyone to enjoy.


GSB News - 08.07.14

Welcome Marie Morin – Senior Business Officer in Kennebunk


Marie Morin was recently hired as Vice President, Senior Business Officer for our newest location in Kennebunk. Prior to joining Gorham Savings Bank, she was Vice President, Retail Market Manager at Kennebunk Savings Bank. Marie has over 14 years of banking experience and is a current member of the Kennebunk Rotary Club.



GSB News - 07.22.14

Rebecca Winslow Named Senior Vice President, Director of Sales

Gorham Savings Bank is pleased to announce the promotion of Rebecca Winslow to Senior Vice President, Director of Sales. In her new role, she will assume responsibility for the strategic management and performance of the Bank’s branch network and direct sales teams. Rebecca has over 25 years of experience in retail banking and business development, most recently holding the position of Regional Vice President, Senior Business Officer. She is an active member of the community including past president of the Gorham Business Exchange, current member of the Gorham Economic Development Committee, Treasurer of the Reed Allen Community Fund, and Treasurer of the Bonny Eagle Football Boosters.


Sign up for our Email Newsletter

Subscribe to our ad-free, micro newsletter with a
variety of topics that go way beyond banking.