Community Involvement

Franklin Savings Bank›About›Community Involvement

In 2024, Franklin Savings Bank donated $407,000 to local charitable organizations and scholarships. The donations went to 158 diverse organizations throughout Western and Central Maine. The impact can be felt across our service area which includes Farmington, Rumford, Wilton, Jay, Rangeley, Skowhegan, Mt. Blue High School, and Ellsworth.

Since 1868, Franklin Savings Bank has served and supported the people of Maine. As this community has grown and changed, we’ve stood tall as a leading presence. Our staff, services and resources are dedicated to growing individual opportunities and making a positive impact. Believe in a bank that’s been a friend to this community for 150 years and counting.

Franklin Savings Bank Development
Foundation

As a true community bank, we proudly support local causes that matter to you. Our customers can submit a request us to work with the nonprofit or charity of their choosing. This past year, our Community Development Foundation has supported over 150 local initiatives. Fill out our charitable donation request application below to harness this opportunity for the causes you’re passionate about. 

Charitable Donation Request Application

    Franklin Scholars – Scholarships for High School Seniors

    Business Scholarships

    Each year, Franklin Savings Bank’s Community
    Development Foundation awards 12 college
    scholarships, totaling $36,000, to graduates
    from 11 local high schools, who are pursuing a
    career in a business-related field at a 4-year
    college or university.

    • Mt. Blue High School (two scholarships)
    • Mountain Valley High School
    • Mt. Abram High School
    • Dirigo High School
    • Spruce Mountain High School
    • Skowhegan Area High School
    • Rangeley Lakes Regional School
    • Carrabec High School
    • Madison High School
    • Telstar Regional High School
    • Ellsworth High School
    Download Business Application

    Technical Scholarships

    In 2020, Franklin Savings Bank began offering
    4 scholarships, totaling $12,000, to seniors
    from 4 local technical schools. Recipients must
    be entering a 2 or 4-year accredited
    certification program or pursuing a degree
    from a technical/postsecondary vocational
    school, college or university.

    Mt. Blue High School (two scholarships)

    • Foster Career and Technical Education Center
    • Somerset Career and Technical Center
    • Region 9 School of Applied Technology
    • Hancock County Technical Center
    Download Technical School Application

    Please note, this PDF may be typed online and printed out or printed out and filled in later. In either case, it cannot be submitted online. You must take the application to your school guidance office or technical center administrative office. These scholarships are available only to graduating seniors enrolled at the above schools. Awards will be determined by the schools and applications should be directed to the guidance office at the school

    Upcoming Events

    View Upcoming Events

    Please note: We do not do business in New Hampshire and are not affiliated with the Franklin Savings Bank that does business in that state.

    Want to Know What We’re Up to? Sign Up to Stay Connected.

    Get info on our latest banking products, promotions, resources, and events when you sign up for our email newsletter.