Auburn Savings Bank, FSB is a community bank serving Lewiston-Auburn since 1887, offering personal and business banking with local decision-making and relationship-focused service.
Data compiled from public sources · Rating from CreditDoc methodology
Auburn Savings Bank, FSB has been a cornerstone of the Lewiston-Auburn community for over 135 years, since its founding in 1887. The bank positions itself as a locally-focused financial institution that prioritizes personalized service and understanding individual customer needs rather than treating customers as account numbers. Their leadership emphasizes that banking is about people and community success, not just account balances and bottom lines.
The bank offers a comprehensive range of consumer and business banking services. 845% APR, auto loans with fast in-house decision-making, and mobile banking with mobile deposit capabilities. Business services include customized business checking accounts, business loans for startups and expansion, construction loans with fixed rates, and personalized financial solutions.
They also advertise debit card integration with mobile payment apps and bill pay functionality. What distinguishes Auburn Savings Bank is their explicit commitment to local decision-making and personal relationships. Customer testimonials highlight that the bank president is accessible during the loan process, loan officers will meet customers at dealerships, and the institution prioritizes understanding "the how and the why" behind customer financial needs.
They emphasize being a neighbor-focused bank where customers receive tailored solutions rather than one-size-fits-all products. Their 135-year history in the community and stated philosophy of nurturing relationships and fostering local business ambition are central to their brand positioning. As a traditional community bank, Auburn Savings serves customers seeking personalized service and local relationships over large national banks.
25% APY on HSAs) subject to credit approval. The bank's geographic focus on Lewiston-Auburn may limit convenience for customers outside the region, though they offer online and mobile banking. Their emphasis on relationship-based banking suggests they may be more suitable for customers willing to build ongoing relationships rather than those seeking quick, transactional services.
Auburn Savings Bank, FSB processed 45 mortgage applications in 2023, approving 86.7% of applicants across 1 states.
45
Applications
86.7%
Approval Rate
$238K
Avg Loan
1
States Served
Based on 45 applications. Income in thousands (reported by applicant).
Source: CFPB Home Mortgage Disclosure Act (HMDA) Data, 2023. Applications include originated, approved, and denied loans.
Yes. Auburn Savings Bank, FSB is a registered company, headquartered in Auburn, ME, founded in 1887.
Account opening typically takes 1-3 business days. Loan decisions vary by product.
CreditDoc Diagnosis
Auburn Savings Bank is best for individuals and small business owners in the Lewiston-Auburn area who value personalized service, local relationships, and accessible decision-makers over the convenience of large national banks. The primary caveat is geographic limitation—customers outside the region may find the bank inconvenient despite online options, and those seeking quick, impersonal transactions may be better served by larger institutions.
Maine-based community bank and certified B Corporation offering checking, savings, loans, and mortgages with a focus on local lending and social responsibility.
Best for: Maine residents seeking traditional banking with community reinvestment focus, Consumers prioritizing B Corporation values and ethical banking practices
Mutual savings bank serving Aroostook County since 1936, offering checking, savings, mortgages, and consumer loans with over $200 million in assets.
Best for: Aroostook County residents seeking a local mortgage lender with community ties and in-house loan decisions, Families and small business owners prioritizing personalized service and local community reinvestment
Regional bank operating 70+ branches across Maine and New Hampshire since 1852, offering checking, savings, credit cards, home loans, and business banking services.
Best for: Maine and New Hampshire residents seeking personalized banking with local branch relationships and community investment, Business owners in the region needing comprehensive business banking, payroll, and cash management solutions
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