Safest Banks in Maine 2026
Maine has 20 FDIC-insured banks with an average Bank Health Score of 64/100 (C). The safest bank is Skowhegan Savings Bank with a score of 93/100.
Data from FDIC Q2 2024
Top 20 Banks in Maine
| # | Bank | City | Grade | Score | Tier 1 Capital | NPL Ratio |
|---|---|---|---|---|---|---|
| 1 | Skowhegan Savings Bank | Skowhegan | A | 93 | 20.20% | 0.27% |
| 2 | Aroostook County Fs&La | Caribou | A | 91 | 17.55% | 0.12% |
| 3 | Katahdin Trust Co | Patten | A | 81 | 14.86% | 0.19% |
| 4 | Camden National Bank | Camden | A | 81 | 12.89% | 0.19% |
| 5 | Kennebec Savings Bank | Augusta | B | 78 | 17.34% | 0.28% |
| 6 | Bar Harbor Bank&Trust | Bar Harbor | B | 77 | 13.12% | 0.21% |
| 7 | Bangor Savings Bank | Bangor | B | 74 | 10.73% | 0.08% |
| 8 | Machias Savings Bank | Machias | B | 70 | 12.74% | 0.38% |
| 9 | Partners Bank of New England | Sanford | B | 69 | 13.08% | 0.27% |
| 10 | Auburn Savings Bank FSB | Auburn | B | 69 | 11.91% | 0.31% |
| 11 | First Fs&la of Bath | Bath | B | 67 | 25.60% | 1.97% |
| 12 | Androscoggin Savings Bank | Lewiston | B | 66 | 11.75% | 0.36% |
| 13 | Rockland Savings Bank FSB | Rockland | C | 63 | 12.76% | 0.17% |
| 14 | Bath Savings Institution | Bath | C | 61 | 0.00% | 0.03% |
| 15 | Norway Savings Bank | Norway | C | 50 | 0.00% | 0.79% |
| 16 | Kennebunk Savings Bank | Kennebunk | D | 44 | 0.00% | 0.05% |
| 17 | Gorham Savings Bank | Gorham | D | 42 | 0.00% | 0.62% |
| 18 | Saco&Biddeford Svg Inst | Saco | D | 40 | 0.00% | 0.36% |
| 19 | Maine Community Bank | Biddeford | D | 38 | 0.00% | 0.74% |
| 20 | Bar Harbor Savings&Loan Assn | Bar Harbor | F | 23 | 0.00% | 2.07% |
Bank Health Scores for Maine are calculated from FDIC Call Report data including Tier 1 capital ratios, nonperforming loan ratios, liquidity ratios, and return on assets.
Frequently Asked Questions
Based on our Bank Health Score analysis of FDIC data, Skowhegan Savings Bank in Skowhegan is currently the safest bank in Maine with a score of 93/100 (Grade A).
Maine has 20 FDIC-insured banks with a combined $36.0B in total assets. The average Bank Health Score across the state is 64/100.
The Bank Health Score (0-100) is based on four FDIC-reported metrics: Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%). Higher scores indicate stronger financial health.
Bank Health Scores are computed from quarterly FDIC Call Report data. Tier 1 capital ratio (35%), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).