Partners Bank Of New England
FDIC #17115
📍 Sanford, Maine
Partners Bank Of New England is a commercial bank (si) established in 11/01/1933. With assets of $1.08 Billion, it operates 11 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: March 1, 2023
What is CRA? The Community Reinvestment Act (CRA) is a federal law that encourages banks to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.
Rating History
March 1, 2023
Satisfactory
July 1, 2020
Satisfactory
April 1, 2017
Satisfactory
💰 Financial Strength
Total Assets$1.08 Billion
Total Deposits$797.53 Million
Equity Capital$79.92 Million
Net Income$3.93 Million
📈 Performance
ROA0.50%
ROE6.49%
Financial Terms:
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
📋 Corporate Structure
Established11/01/1933
FDIC Cert17115
Holding CoSis Bcorp Mhc
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeAugust 31, 2022
Foreign Offices0
SAIF InsuredNo
State CharteredYes
🕰️ Lobby Hours
Monday9:00 AM - 4:00 PM
Tuesday9:00 AM - 4:00 PM
Wednesday9:00 AM - 4:00 PM
Thursday9:00 AM - 5:00 PM
Friday9:00 AM - 5:00 PM
Saturday9:00 AM - 12:00 PM
SundayClosed
📜 Institutional History
2021
Name Change
Name became: Changed Institution Name To Partners Bank Of New England.
2020
Name Change
Name became: Changed Institution Name To Partners Bank.
2010
Merger / Acquisition
Acquired: Sanfor Interim Two Savings Bank
2010
Merger / Acquisition
Acquired: Sanford Interim One Savings Bank
2005
Relocation
Moved HQ to: 900 Main Street, Sanford, ME 04073.