Saco & Biddeford Savings Institution is a bank based in Saco, Maine, established in 1827, with $1.5 billion in total assets across 7 branches. By Trust Grade it ranks 20th of 22 banks we track in Maine. Its capital ratio of 9.3% trails most similarly sized banks (30th percentile), versus a Maine median of 10.5%. It was profitable over the most recent period, with a 0.17% return on assets. No consumer complaints against Saco & Biddeford Savings Institution appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Saco & Biddeford Savings Institution compares to Maine peers
How we graded Saco & Biddeford Savings Institution
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (9.3% capital ratio)
- Profitable (ROA 0.17%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Saco & Biddeford Savings Institution over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (7)
- 252 Main St, Saco, ME 04072
- 2 Portland Ave, Old Orchard Beach, ME 04064
- 41 Gorham Rd, Scarborough, ME 04074
- 601 Broadway, South Portland, ME 04106
- 160 Shops Way, Biddeford, ME 04005
- 2 Hannaford Dr, Westbrook, ME 04092
- 136 Commercial St, Portland, ME 04101
Are deposits at Saco & Biddeford Savings Institution insured?
Yes. Saco & Biddeford Savings Institution is an FDIC-insured bank (FDIC certificate #17743). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Saco & Biddeford Savings Institution: frequently asked questions
Is Saco & Biddeford Savings Institution a good bank?
Saco & Biddeford Savings Institution earns a Bankzia Trust Grade of B (89/100, "Strong"), based on a financial-strength score of 89/100 (it has no CFPB complaints on record). Strongly capitalized (9.3% capital ratio); Profitable (ROA 0.17%).
Is Saco & Biddeford Savings Institution FDIC-insured?
Yes. Saco & Biddeford Savings Institution is a FDIC-insured bank (FDIC certificate #17743). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Saco & Biddeford Savings Institution?
Saco & Biddeford Savings Institution holds $1.5 billion in total assets, ranking 20th of 22 banks we track in Maine. It operates 7 branches.
Does Saco & Biddeford Savings Institution have CFPB complaints?
No CFPB complaints against Saco & Biddeford Savings Institution appear in our data over the analysis window, which is typical for a bank of this size.
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Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
