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Machias savings bank maine


machias savings bank maine

Popular with employees: Winters in Maine can be brutal, so Machias Savings has a "Spring Fever Week" to help employees get through the. Last year, Machias Savings Bank employees donated over 10,000 hours of service across the state of Maine, representing a full week of work for each employee. As Maine's first and only Smithsonian Affiliate, the Abbe's free admission program aligns nicely with the Smithsonian's goal of being easily.

Machias savings bank maine -

Founded in 1869, Machias Savings Bank has $1 billion in assets as well as $1 billion in deposits, which makes it a medium-size bank. Machias Savings Bank, whose headquarters are in Machias, Maine, has above-average customer service access with a live chat feature, which is helpful for those that work during typical customer service hours. It is a conventional brick-and-mortar bank with access to service representatives at a physical location, in addition to its online and mobile offerings. Overall, Machias Savings Bank is a decent choice, but with better options out there with a rating of 3.8 stars out of 5 from our team. 

Machias Savings Bank provides customers with the complete package of banking products, including savings accounts, checking accounts, money market accounts, CDs, IRAs, mortgage products and credit cards. It has a fair savings rate; you can find higher rates with other banks. The bank's standard checking account has a monthly fee of $7.00, better for those who carry a large balance. Opening both checking and savings accounts in the same place is ideal for getting the highest return on your income while maintaining access to your money without getting penalized for withdrawing.

Service Quality

Machias Savings Bank is a brick-and-mortar bank, with 17 total bank locations in Maine. It also offers access to mobile and web apps for an easy mobile-banking experience. It does not offer all-day customer service with representatives. You can get help during its hours, which are Monday through Friday, 7:00 a.m. to 7:00 p.m. ET; Saturday, 8:00 a.m. to 5:00 p.m. ET; Sunday, 9:00 a.m. to 1:00 p.m. ET. Additionally, Machias Savings Bank offers a live chat feature, giving customers an easy access point throughout the day.

Machias Savings Bank gets moderately high praise from users for its mobile platform: with 74 customer reviews across both Apple and Android platforms, the Machias Savings Bank mobile app rates a 4.3 out of 5 (compared to the national average of 3.8). You can access Machias Savings Bank's mobile app to control your bank accounts by monitoring account balances, transferring money and reaching support representatives. Machias Savings Bank receives an excellent consumer satisfaction score due to relatively few consumer complaints filed with the Consumer Financial Protection Bureau (CFPB), a government-sponsored consumer protection agency. 

Products Offered

ProductCurrent Terms and RatesMinimum Balance for APY 
Savings Accounts0.05% APY$1Compare Offers
Certificates of Deposit
  • 12 Month: 0.15% APY
  • 24 Month: 0.25% APY
  • 36 Month: 0.30% APY
  • 48 Month: 0.35% APY
  • 60 Month: 0.40% APY
$1,000 for all tiersCompare Offers
Money Market Accounts
  • 10K tier: 0.05% APY
  • 25K tier: 0.08% APY
Compare Offers
Checking Accounts0.03% APY$1Compare Offers

Machias Savings Bank has several deposit products like savings accounts, checking accounts, money market accounts and CDs, giving you many options to manage your money. It does not have the best savings rate, which means you should think about other options for banks that offer more return for your money. CDs can be a terrific option to achieve higher returns, but there are limitations to accessing your money. Machias Savings Bank's CD rates are fair as compared against the national average.

Rates

With a savings rate of 0.05%, Machias Savings Bank ranks below the mean as compared against the national average. Its one-year CD earns at a rate of 0.15% and the five-year CD has a rate of 0.40%, while its highest-yielding money market account earns at an APY of 0.10%. Given its below average savings rate, you should think about taking a look at other banks for savings accounts.

Compare Machias Savings Bank to Other Competitive Offers

Fees

Machias Savings Bank charges its customers high fees in comparison to other U.S. banks. Its checking account has a monthly fee of $7.00, ranking it fair for anyone looking for a hassle-free account. 

Financial Health

Machias Savings Bank ranks as a medium-size bank with $1 billion in assets and $1 billion in deposits. Machias Savings Bank's Texas Ratio is 6.44%, suggesting that Machias Savings Bank is in fine financial condition and far from failure. Additionally, Machias Savings Bank is FDIC-insured, meaning that your money is insured (up to $250,000) even in the event of bank failure.

Find a Machias Savings Bank Near Me

Machias Savings Bank has 17 physical branches across the U.S.

Источник: https://smartasset.com/checking-account/machias-savings-bank-me-banking-review

David Lawrence King

MacHias Savings Bank v. Longfellow

662 A.2d 235 (1995)

MACHIAS SAVINGS BANK v. Daniel T. LONGFELLOW, et al.

Supreme Judicial Court of Maine.

Submitted on Briefs April 10, 1995.

Decided July 31, 1995.

*236 Laurie A. Dart & Lorena R. Rush, Eaton, Peabody, Bradford & Veague, Bangor, for plaintiff.

Marvin H. Glazier, Vafiades, Brountas & Kominsky, Bangor, for defendants.

Before ROBERTS, GLASSMAN, CLIFFORD, RUDMAN, DANA and LIPEZ, JJ.

CLIFFORD, Justice.

Marohl Construction, Inc., a party in interest, appeals from the entry of a summary judgment entered in the Superior Court (Penobscot County, Marsano, J.) in favor of Machias Savings Bank (Bank). Marohl contends that a summary judgment was improperly granted because the Bank's mortgage, to which Marohl's mortgage was subordinated, should not have been given priority status. Finding Marohl's contentions to be without merit, we affirm the judgment of the Superior Court.

On December 31, 1986, Marohl conveyed property to Daniel Longfellow, Thomas Longfellow, and Hollis Condon (Borrowers). By mortgage deed, the Borrowers gave a mortgage to Marohl to secure a debt in the amount of $216,262.08. The mortgage included a clause pursuant to which Marohl agreed to subordinate its interest to a mortgage deed "hereafter given" under specified conditions.[1]

In May 1987, the Borrowers executed and delivered a mortgage deed and promissory note to the Bank in the amount of $275,000.00.[2] In conjunction with this mortgage, Marohl executed a subordination agreement in the Bank's favor.[3] Marohl received $99,779.19 from the Bank.

*237 On September 1, 1993, the Bank filed a complaint for foreclosure against the Borrowers in the District Court (Bangor) alleging that the Borrowers' failure to pay taxes and keep the title clear of superior liens breached their mortgage agreement. The complaint also listed Steak Houses of Maine, Inc., Marohl, Murray, Plumb and Murray, the State of Maine, Maine Propane Energy, Inc., and Maine Coal Sales Co. as parties in interest and sought a determination of priority among them. The Borrowers did not contest the foreclosure action. Marohl answered the complaint, alleging as an affirmative defense that the Bank did not comply with the subordination agreement. Pursuant to M.R.Civ.P. 76C, the case was removed to the Superior Court.

The Bank subsequently moved for a summary judgment. The Superior Court granted the motion in favor of the Bank and issued an order and judgment of foreclosure and sale.[4] This appeal by Marohl followed.

A summary judgment may be granted when

the pleadings, depositions, answers to interrogatories, and admissions on file, together with the affidavits, if any, referred to in the statements required by Rule 7(d) show that there is no genuine issue as to any material fact set forth in those statements and that any party is entitled to a judgment as a matter of law.

M.R.Civ.P. 56(c). The "burden of demonstrating clearly that there is no genuine issue as to any material fact and that [a party] is entitled to a judgment in [its] favor as a matter of law" is placed on the party seeking the summary judgment. Magno v. Town of Freeport, 486 A.2d 137, 141 (Me.1985). We review the grant of a motion for a summary judgment for errors of law, viewing the evidence in the light most favorable to the party against whom the judgment was entered. Fisherman's Wharf Assoc. II v. Verrill & Dana, 645 A.2d 1133, 1135 (Me.1994).

In support of its contention that the Bank's mortgage does not have priority over its mortgage, Marohl first contends that the terms of the mortgage note between the Bank and the Borrowers do not conform to the terms of Marohl's commitment to subordinate contained in the mortgage deed granted by the Borrowers to Marohl. We agree that there is some variance between the terms of the note issued to the Bank and the terms of Marohl's commitment to subordinate contained in the mortgage deed. The note to the Bank, although payable in ten years, as is required in the commitment to subordinate agreement, provides for the last installment to be a balloon payment, the previous payments having been computed as though the mortgage was payable over fifteen years. The subordination agreement refers to equal payments. In this case, however, such a variance is not fatal to the Bank's position because Marohl had full knowledge of the variance when it proceeded to subordinate its mortgage.

Marohl received copies of the promissory note and mortgage deed prior to executing the subordination agreement. It made no objection, agreed to subordinate its mortgage in the Bank's favor, and accepted payment of $99,779.19. Marohl "had a reasonable opportunity to know the character or essential terms of the proposed contract," and its conduct was "effective as a manifestation of assent" to the contents of the documents. Restatement (Second) of Contracts § 163 cmt. b (1981); see In re Estate of Whitlock, 576 A.2d 748, 749 (Me.1990) (party signing Agreement Among Successors with full knowledge of shortcomings in inventory and accounting methods was foreclosed from raising issue as to validity of that part of agreement).

In addition, Marohl contends that the Bank's forbearance in the collection of the Borrowers' debt for two years and the payment of property taxes by the Bank constitutes further extension of credit in contravention *238 of the subordination agreement.[5] Marohl, however, provides no authority for the proposition that forbearance or payment of property taxes by the mortgagee constitutes an "extension of credit" to the Borrowers as that term is used in the subordination agreement or as it is commonly understood. Because tax liens have priority over other types of liens, 36 M.R.S.A. § 943 (1990), it is common practice for a mortgagee to pay taxes on property that the mortgagor is under a duty to pay in order to protect its interest in the property.[6]See 55 Am.Jur.2d Mortgages § 284 (1971) (mortgagee entitled to reimbursement for taxes paid in order to protect interest).

Nor can Marohl point to a requirement that the Bank was required to immediately foreclose in the event of the Borrowers' default. The Bank's mortgage contains an optional acceleration clause, and there is no language in the subordination agreement requiring that such accelerations be immediate and mandatory. Furthermore, the "general rule is that a renewal or an extension of an existing senior mortgage and note or other obligation secured thereby, without any increase of principal or interest payable with respect to the secured indebtedness, will not result in any loss of priority of the senior mortgage over junior encumbrances." 55 Am.Jur.2d Mortgages § 330 (1971). The Superior Court correctly entered a summary judgment.

The entry is:

Judgment affirmed.

All concurring.

NOTES

[1] In part, the subordination clause in the mortgage states:

Grantee covenants and agrees to subordinate the mortgage deed interests herein conveyed to a mortgage deed hereafter given by Grantor to a third party upon the conditions as follows:

(1) The total principal indebtedness for which the mortgage deed shall issue is not in excess of Two Hundred Seventy-five Thousand Dollars ($275,000.00), [with interest not in excess of prime plus three percent (3%)] fully amortizable in equal monthly installments of principal and interest over a term not in excess of ten (10) years, and terms which shall further prohibit additional extensions of credit under said mortgage deed, including without limitation, a refinancing of the obligation to the originally stated amount at any time during the term of said indebtedness without the approval and consent of the Grantee herein.

[2] On May 12, 1987, draft copies of the promissory note and mortgage deed were faxed by the Bank to Marohl's attorney, John Becker. The draft version of the promissory note contained a loan term of fifteen years. This term was changed in the final version. In pertinent part, the final promissory note provides:

[The borrowers] ... promise to pay to the order of [the bank], the principal sum of two hundred seventy-five thousand and 00/100 dollars ($275,000.00), or so much thereof as may be advanced, together with interest thereon computed from the date of each advance at a rate determined by the holder hereof, which rate shall be three percent (3%) per annum in excess of the most recently established base rate of the Bank of Boston....

Principal and interest shall be due and payable in monthly installments commencing one month from the date hereof and continuing on the same day of every month thereafter. The amount of each such installment shall be the amount required to amortize the then remaining principal balance at the then current rate of interest over the then remaining number of installments. For the purpose of such calculations, the total number of such installments shall be one hundred eighty (180). On the date fixed for the payment of the one hundred twentieth (120th) such installment, however, the entire principal balance and accrued interest, if not sooner paid, shall be due and payable in full.

(Emphasis added.)

[3] The subordination agreement states in pertinent part:

NOW THEREFORE, MAROHL CONSTRUCTION, INC., by its officers duly authorized, does subject and subordinate the aforesaid Mortgage Deed, lien and interests contained therein to the Deed and Mortgage Lien delivered by DANIEL T. LONGFELLOW, THOMAS A. LONGFELLOW and HOLLIS E. CONDON to the MACHIAS SAVINGS BANK and contemporaneously recorded in order to secure the payment of $275,000.00 by them to said bank and the lien securing the indebtedness to MAROHL CONSTRUCTION, INC., shall remain secondary and inferior to the same.

[4] A default judgment was entered against the State of Maine; Steak Houses of Maine, Inc. was dismissed as a party to the action. The court determined Marohl to have priority over the remaining parties in interest.

[5] In its brief, Marohl also raises the issue of the Bank's breach of its duty to Marohl as the subordinate lien holder. This issue was not raised before the Superior Court and therefore, is not properly before us on appeal. See Balkan v. Johnston, 561 A.2d 177, 178 (Me.1989) (defendants' failure to contest issue of attorney fees at trial precluded appellate review of issue).

[6] In fact, the mortgage deed expressly provides that the Bank may protect its interest in the property by paying any tax or other charge against the property.

Источник: https://law.justia.com/cases/maine/supreme-court/1995/662-a-2d-235-0.html

Counterfeit Treasurer Checks Bearing the Name Machias Savings Bank, Machias, Maine, are Reportedly in Circulation

Machias Savings Bank, Machias, Maine, has contacted the Federal Deposit Insurance Corporation (FDIC) to report that counterfeit treasurer checks bearing the institution's name are in circulation.

The counterfeit items display the routing number 211274531, which is assigned to Machias Savings Bank. The items are dissimilar to authentic treasurer checks. The counterfeit items display a security feature statement embedded in a darkened top border and a crown icon at the right end of the signature area.

Authentic treasurer checks are blue with red check numbers. They display an “X” at the beginning of the signature line and the statement “VOID AFTER 60 DAYS” below the signature line. A “NOTICE TO CUSTOMER” statement is printed below the right side of a “MEMO” line, which extends across the bottom portion.

Copies of a counterfeit item and an authentic check (VOID) are attached for your review. Be aware that the appearance of counterfeit items can be modified and that additional variations may be presented.

Any information you have concerning this matter should be brought to the attention of:

Compliance Department
Machias Savings Bank
4 Center Street
P.O. Box 318
Machias, Maine 04654
Telephone: (207) 255-3347
Fax: (207) 255-9438
E-mail: [email protected]

Information about counterfeit items, cyber-fraud incidents and other fraudulent activity may be forwarded to the FDIC's Cyber-Fraud and Financial Crimes Section, 550 17th Street, N.W., Room F-4004, Washington, D.C. 20429, or transmitted electronically to [email protected] Questions related to federal deposit insurance or consumer issues should be submitted to the FDIC using an online form that can be accessed at http://www2.fdic.gov/starsmail/index.asp.

For your reference, FDIC Special Alerts may be accessed from the FDIC's website at www.fdic.gov/news/news/SpecialAlert/2008/index.html. To learn how to automatically receive FDIC Special Alerts through e-mail, please visit www.fdic.gov/about/subscriptions/index.html.

Sandra L. Thompson
Director
Division of Supervision and Consumer Protection

Источник: https://www.bankersonline.com/alerts/45709
Obituary

November 12, 1939 — Nov. 27, 2021

BRANT LAKE / QUEENSBURY – David Lawrence King of Brant Lake and Queensbury, NY passed away on November 27, 2021

Dave was born on November 12, 1939 in the small village of Guilderland Center, NY, to the late Leon George King and Esther Ruth (Sholtes) King.

While in high school, he became the youngest Eagle Scout in Albany County. He received an electrical engineering degree from Clarkson University in 1961 and joined IBM in Poughkeepsie, NY. Due to good timing, he had chosen an employer who was able to offer him a varied, challenging and enjoyable job for the next 36 years; working as an engineer, programmer and manager. A number of its software applications have been used by company employees around the world.

His first job was cut short for two years while serving as a Peace Corps volunteer in Thailand. There he lived in a small off-grid village where only Thai and Malay were spoken. He has worked to improve the quality of people’s lives by promoting small changes in their daily lives, unfortunately with limited success. He had many stories to tell, including missing an opportunity to visit Vietnam just before the war because he was relieved of his money for the boat ticket to Saigon by a pickpocket in Singapore. At the end of his assignment, he chose the option of taking the cash equivalent of his plane ticket home and traveled on a four-month odyssey overland through India, Nepal, Bangladesh, Afghanistan, Iran, Iraq and Lebanon.

After returning to Poughkeepsie, he was fortunate enough to meet Mary Julia Stoner, who had left her field of chemistry to join IBM to train and practice in the emerging new profession of computer programming. They were married in 1968. Dave claimed he caught Mary’s attention by the car he was driving; a 1965 British soft-top TR4A, which he claimed was a ‘chick magnet’. Over the next 30 years, Dave enjoyed driving a variety of four-wheeled low-profile sports cars from Britain, Italy and Germany.

Dave liked to work with his hands. He added a significant three-room addition to the second floor of his house, where he did all the electrical, plumbing and interior finishing. He also did many projects in his carpentry workshop and had a hobby business making stained glass and giving adult education classes on the subject. He also competed in the Cub Scout Pinewood Derby for over a decade and was one of the first to use a computer to judge and score the race.

He retired from IBM in 1996 and helped found and run a voluntary organization that taught seniors to use computers. Dave has also been a literacy volunteer at Poughkeepsie. He started working at a vacation home in Brant Lake, in the Adirondack Mountains, upstate New York, where he had a basic hull built and then completed all interior work over a period of time. six years. He moved there with his wife after his retirement in 2002. Here they embraced the outdoors: hiking, biking, boating and snowshoeing. He loved the rural nature and the tranquility of their lakeside home, which brought back fond memories of his childhood in freedom. Dave was particularly interested in cycling and founded a bicycle club for retirees. He and his wife became tandem cyclists and were among the first in the region to adopt e-bikes.

During the long winters, he maintained his programming skills by developing websites and Internet applications for nearly a dozen clubs and volunteer organizations in the region where he was involved. He has also been active with the Brant Lake Association as webmaster and newsletter editor.

Dave enjoyed cooking, listening to jazz, choir singing, and playing guitar and banjo. Music has always been part of his life. As a folk singer he was familiar with the 23 verses of “Michael, Row the Boat Ashore”. He played a wicked folk-style guitar and 5-string banjo, and sang in barber shop quartets, his college radio show “Dave’s Cave” playing 1950s jazz was a Saturday night staple. . He also participated in choral singing with his classmates and with semi-professional musicians who were studying at the Crane School of Music, also in Potsdam, to be music teachers. He especially enjoyed singing with Crane’s students in a double a capella quartet that sang from a back balcony after a starting string from an organ in the front.

He learned to juggle at the age of 50 and enjoyed traveling with his wife to exotic places such as Angkor Wat, Myanmar, Thailand, the Galapagos Islands, Machu Picchu, the Panama Canal and Petra. During his life, Dave visited over thirty countries.

David is survived by his wife Mary King; her son Jeff King and daughter-in-law Susan Kim King of Los Angeles, CA; and son Michael (aka Marius) King and stepdaughter Winifred (Capowski) King of Garrison, NY.

At Dave’s request, there will be no calling hours. Services will be private and at the convenience of the family. Arrangements are in the care of MB Kilmer Funeral Home, 136 Main Street, South Glens Falls, NY 12803.

Those who wish to honor his memory can make a contribution to the Maine Black Fly Breeders Association, 123 Main Street, Machias, ME 04654, or a charity of their choice. A memorial service will be scheduled for summer 2022.

To leave your condolences online, please visit www.kilmerfuneralhome.com.

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Источник: https://welkominnthailand.com

Screenshots

    Description

    Don't have time to go to the bank? No problem, with MSB Online you can do your personal and business banking on the go with your mobile device.

    Use MSB Online to check your balances, view recent transactions, transfer funds, pay bills, receive alerts and even make a deposit!

    Just a few things: MSB Online is available only with a Machias Savings Bank Account. The MSB Online App is free, but your mobile phone service provider may charge for text messages and/or web access, check your plan for details.

    Version 20.1.5713

    Ratings and Reviews

    Nice people, great services, many locations, great mobile app

    Nice people

    Much to like about this app....

    ...it can do most of the critical things with ease. With more and more done from my tablet, I’d appreciate a way to add payees on the fly, and to quickly double check the last time a payee was paid/amount, (without having to scroll through all transactions). But it does most of what I want, well.

    Overly complex

    They took something and instead of simplifying it added many more vague links drop downs and the real downside is it was not even fully functional for two days, crashing on day two.
    The upside is the people on the help side very kind understanding. Provided great service for an app and web site that went from really good to overly complex and hard to initially navigate.

    The developer, Machias Savings Bank Inc, indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy.

    Data Linked to You

    The following data may be collected and linked to your identity:

    • Contact Info
    • Contacts
    • Identifiers
    • Usage Data
    • Diagnostics

    Privacy practices may vary, for example, based on the features you use or your age. Learn More

    Information

    Seller
    Machias Savings Bank Inc

    Size
    60.5 MB

    Category
    Finance

    Compatibility
    iPhone
    Requires iOS 11.0 or later.
    iPad
    Requires iPadOS 11.0 or later.
    iPod touch
    Requires iOS 11.0 or later.
    Mac
    Requires macOS 11.0 or later and a Mac with Apple M1 chip.
    Languages

    English, Portuguese, Simplified Chinese, Spanish, Traditional Chinese

    Age Rating
    4+

    Copyright
    © Machias Savings Bank

    Price
    Free

    Supports

    • Family Sharing

      With Family Sharing set up, up to six family members can use this app.

    You Might Also Like

    Источник: https://apps.apple.com/us/app/machias-savings-bank/id606958836

    Print

    BREWER, Maine – Waterfront Concerts announced Monday an exclusive arrangement with Machias Savings Bank in which the bank’s customers will have access to tickets before their availability to the general public.

    The arrangement was announced during a press conference at the Machias Savings Bank branch on Wilson Street in Brewer.

    “We have already announced some big shows this year, but there is more to come,” said Alex Gray, president of Waterfront Concerts. “And because of sponsors like Machias Savings Bank coming on board and realizing the appeal of the Waterfront Concert Series at the Darling’s Pavilion, we are able to bring bigger shows to the Bangor Waterfront … like the top-tier shows that have already been announced — Toby Keith, Sting, Phish, and Kenny Chesney.”

    To access pre-sale tickets, the bank’s customers can use their Machias Savings Bank credit or debit cards to make the purchase. There will be no need for special codes or coupons for the bank’s customers to take advantage of the pre-sale opportunities.

    “We will be providing Machias Savings Bank ATM machines this year both near the box office and near the concessions at the Darling’s Waterfront Pavilion for the convenience of all concert-goers who might need a little extra cash for souvenirs or refreshments,” said Larry Barker, president of Machias Savings Bank. “At Machias Savings Bank, we have believed for a long time that Eastern Maine is a great place for people to visit, work, and play. Waterfront Concerts is another piece of the puzzle that is attracting more and more people to this part of the country — and those people keep coming back for all that we have to offer.”

    Waterfront Concerts also confirmed the 13th show of the season — Grammy winning hip-hop icon Lil Wayne will perform at the Darling’s Waterfront Pavilion on Tuesday, July 23. The 2013 America’s Most Wanted Tour also will bring T.I. and Future to eastern Maine, and tickets for the show will go on sale at noon Friday.

    The first show of the season will be Motley Crue on Thursday, May 16.

    Machias Savings Bank has 14 branches in 13 communities throughout eastern Maine.

    -From the Bangor Daily News –

    Источник: https://brewermaine.gov/news/machias-savings-bank-customers-to-get-early-access-to-waterfront-concerts-tickets/
    machias savings bank maine

    Machias savings bank maine -

    Machias Savings Bank breaks ground on new facility

    MACHIAS – Machias Savings Bank is expanding again, and this time it’s right on Main Street in town, just down the street from their current campus.

    “One hundred and fifty years ago we accepted our first deposit in the amount of $2.50 and we made our first mortgage loan in the amount of $676,” said president and CEO Larry Barker of the bank that is now is the second largest mutual savings bank in Maine.

    On Monday, officials held a groundbreaking on a new facility that will employ 50 more people.

    “It’s going to be an operations center for us,” Barker said. “We’re bursting at the seams with our existing facilities to support our growth across that state of Maine.”

    The new $5 million building will also have a fitness center, meeting spaces, flexible work spaces and open style cafeteria and eating area for all bank employees in town to use.

    “Our company was founded 150 years ago for the purpose of making a difference and serving the community,” Barker said. “We’re still committed to that, those same ideals today.”

    Others agree.

    “We would like to say how grateful we are for this enduring anchor, which is Machias Savings Bank,” said Bill Kitchen, a Machias Select Board member. “We believe that our town and this community has created a critical tipping point and that this institution is absolutely key to that.”

    Town Manager Christina Therrien credited bank officials for started the “join us on Main Street” campaign, which has helped revitalize downtown.

    “There is no secret for why they continue to grown in a challenging industry: Exceptional service goes a long way,” said Therrien.

    “We are confident the new investment here on Main Street will spur further revitalization and growth in the town,” added Amanda Michaud of the Machias Bay Area Chamber of Commerce.

    Источник: https://www.foxbangor.com/news/item/48117-machias-savings-bank-breaks-ground-on-new-facility/
    Obituary

    November 12, 1939 — Nov. 27, 2021

    BRANT LAKE / QUEENSBURY – David Lawrence King of Brant Lake and Queensbury, NY passed away on November 27, 2021

    Dave was born on November 12, 1939 in the small village of Guilderland Center, NY, to the late Leon George King and Esther Ruth (Sholtes) King.

    While in high school, he became the youngest Eagle Scout in Albany County. He received an electrical engineering degree from Clarkson University in 1961 and joined IBM in Poughkeepsie, NY. Due to good timing, he had chosen an employer who was able to offer him a varied, challenging and enjoyable job for the next 36 years; working as an engineer, programmer and manager. A number of its software applications have been used by company employees around the world.

    His first job was cut short for two years while serving as a Peace Corps volunteer in Thailand. There he lived in a small off-grid village where only Thai and Malay were spoken. He has worked to improve the quality of people’s lives by promoting small changes in their daily lives, unfortunately with limited success. He had many stories to tell, including missing an opportunity to visit Vietnam just before the war because he was relieved of his money for the boat ticket to Saigon by a pickpocket in Singapore. At the end of his assignment, he chose the option of taking the cash equivalent of his plane ticket home and traveled on a four-month odyssey overland through India, Nepal, Bangladesh, Afghanistan, Iran, Iraq and Lebanon.

    After returning to Poughkeepsie, he was fortunate enough to meet Mary Julia Stoner, who had left her field of chemistry to join IBM to train and practice in the emerging new profession of computer programming. They were married in 1968. Dave claimed he caught Mary’s attention by the car he was driving; a 1965 British soft-top TR4A, which he claimed was a ‘chick magnet’. Over the next 30 years, Dave enjoyed driving a variety of four-wheeled low-profile sports cars from Britain, Italy and Germany.

    Dave liked to work with his hands. He added a significant three-room addition to the second floor of his house, where he did all the electrical, plumbing and interior finishing. He also did many projects in his carpentry workshop and had a hobby business making stained glass and giving adult education classes on the subject. He also competed in the Cub Scout Pinewood Derby for over a decade and was one of the first to use a computer to judge and score the race.

    He retired from IBM in 1996 and helped found and run a voluntary organization that taught seniors to use computers. Dave has also been a literacy volunteer at Poughkeepsie. He started working at a vacation home in Brant Lake, in the Adirondack Mountains, upstate New York, where he had a basic hull built and then completed all interior work over a period of time. six years. He moved there with his wife after his retirement in 2002. Here they embraced the outdoors: hiking, biking, boating and snowshoeing. He loved the rural nature and the tranquility of their lakeside home, which brought back fond memories of his childhood in freedom. Dave was particularly interested in cycling and founded a bicycle club for retirees. He and his wife became tandem cyclists and were among the first in the region to adopt e-bikes.

    During the long winters, he maintained his programming skills by developing websites and Internet applications for nearly a dozen clubs and volunteer organizations in the region where he was involved. He has also been active with the Brant Lake Association as webmaster and newsletter editor.

    Dave enjoyed cooking, listening to jazz, choir singing, and playing guitar and banjo. Music has always been part of his life. As a folk singer he was familiar with the 23 verses of “Michael, Row the Boat Ashore”. He played a wicked folk-style guitar and 5-string banjo, and sang in barber shop quartets, his college radio show “Dave’s Cave” playing 1950s jazz was a Saturday night staple. . He also participated in choral singing with his classmates and with semi-professional musicians who were studying at the Crane School of Music, also in Potsdam, to be music teachers. He especially enjoyed singing with Crane’s students in a double a capella quartet that sang from a back balcony after a starting string from an organ in the front.

    He learned to juggle at the age of 50 and enjoyed traveling with his wife to exotic places such as Angkor Wat, Myanmar, Thailand, the Galapagos Islands, Machu Picchu, the Panama Canal and Petra. During his life, Dave visited over thirty countries.

    David is survived by his wife Mary King; her son Jeff King and daughter-in-law Susan Kim King of Los Angeles, CA; and son Michael (aka Marius) King and stepdaughter Winifred (Capowski) King of Garrison, NY.

    At Dave’s request, there will be no calling hours. Services will be private and at the convenience of the family. Arrangements are in the care of MB Kilmer Funeral Home, 136 Main Street, South Glens Falls, NY 12803.

    Those who wish to honor his memory can make a contribution to the Maine Black Fly Breeders Association, 123 Main Street, Machias, ME 04654, or a charity of their choice. A memorial service will be scheduled for summer 2022.

    To leave your condolences online, please visit www.kilmerfuneralhome.com.

    Sign up to receive the most recent local obituaries delivered to your inbox.

    Источник: https://welkominnthailand.com

    MacHias Savings Bank v. Longfellow

    662 A.2d 235 (1995)

    MACHIAS SAVINGS BANK v. Daniel T. LONGFELLOW, et al.

    Supreme Judicial Court of Maine.

    Submitted on Briefs April 10, 1995.

    Decided July 31, 1995.

    *236 Laurie A. Dart & Lorena R. Rush, Eaton, Peabody, Bradford & Veague, Bangor, for plaintiff.

    Marvin H. Glazier, Vafiades, Brountas & Kominsky, Bangor, for defendants.

    Before ROBERTS, GLASSMAN, CLIFFORD, RUDMAN, DANA and LIPEZ, JJ.

    CLIFFORD, Justice.

    Marohl Construction, Inc., a party in interest, appeals from the entry of a summary judgment entered in the Superior Court (Penobscot County, Marsano, J.) in favor of Machias Savings Bank (Bank). Marohl contends that a summary judgment was improperly granted because the Bank's mortgage, to which Marohl's mortgage was subordinated, should not have been given priority status. Finding Marohl's contentions to be without merit, we affirm the judgment of the Superior Court.

    On December 31, 1986, Marohl conveyed property to Daniel Longfellow, Thomas Longfellow, and Hollis Condon (Borrowers). By mortgage deed, the Borrowers gave a mortgage to Marohl to secure a debt in the amount of $216,262.08. The mortgage included a clause pursuant to which Marohl agreed to subordinate its interest to a mortgage deed "hereafter given" under specified conditions.[1]

    In May 1987, the Borrowers executed and delivered a mortgage deed and promissory note to the Bank in the amount of $275,000.00.[2] In conjunction with this mortgage, Marohl executed a subordination agreement in the Bank's favor.[3] Marohl received $99,779.19 from the Bank.

    *237 On September 1, 1993, the Bank filed a complaint for foreclosure against the Borrowers in the District Court (Bangor) alleging that the Borrowers' failure to pay taxes and keep the title clear of superior liens breached their mortgage agreement. The complaint also listed Steak Houses of Maine, Inc., Marohl, Murray, Plumb and Murray, the State of Maine, Maine Propane Energy, Inc., and Maine Coal Sales Co. as parties in interest and sought a determination of priority among them. The Borrowers did not contest the foreclosure action. Marohl answered the complaint, alleging as an affirmative defense that the Bank did not comply with the subordination agreement. Pursuant to M.R.Civ.P. 76C, the case was removed to the Superior Court.

    The Bank subsequently moved for a summary judgment. The Superior Court granted the motion in favor of the Bank and issued an order and judgment of foreclosure and sale.[4] This appeal by Marohl followed.

    A summary judgment may be granted when

    the pleadings, depositions, answers to interrogatories, and admissions on file, together with the affidavits, if any, referred to in the statements required by Rule 7(d) show that there is no genuine issue as to any material fact set forth in those statements and that any party is entitled to a judgment as a matter of law.

    M.R.Civ.P. 56(c). The "burden of demonstrating clearly that there is no genuine issue as to any material fact and that [a party] is entitled to a judgment in [its] favor as a matter of law" is placed on the party seeking the summary judgment. Magno v. Town of Freeport, 486 A.2d 137, 141 (Me.1985). We review the grant of a motion for a summary judgment for errors of law, viewing the evidence in the light most favorable to the party against whom the judgment was entered. Fisherman's Wharf Assoc. II v. Verrill & Dana, 645 A.2d 1133, 1135 (Me.1994).

    In support of its contention that the Bank's mortgage does not have priority over its mortgage, Marohl first contends that the terms of the mortgage note between the Bank and the Borrowers do not conform to the terms of Marohl's commitment to subordinate contained in the mortgage deed granted by the Borrowers to Marohl. We agree that there is some variance between the terms of the note issued to the Bank and the terms of Marohl's commitment to subordinate contained in the mortgage deed. The note to the Bank, although payable in ten years, as is required in the commitment to subordinate agreement, provides for the last installment to be a balloon payment, the previous payments having been computed as though the mortgage was payable over fifteen years. The subordination agreement refers to equal payments. In this case, however, such a variance is not fatal to the Bank's position because Marohl had full knowledge of the variance when it proceeded to subordinate its mortgage.

    Marohl received copies of the promissory note and mortgage deed prior to executing the subordination agreement. It made no objection, agreed to subordinate its mortgage in the Bank's favor, and accepted payment of $99,779.19. Marohl "had a reasonable opportunity to know the character or essential terms of the proposed contract," and its conduct was "effective as a manifestation of assent" to the contents of the documents. Restatement (Second) of Contracts § 163 cmt. b (1981); see In re Estate of Whitlock, 576 A.2d 748, 749 (Me.1990) (party signing Agreement Among Successors with full knowledge of shortcomings in inventory and accounting methods was foreclosed from raising issue as to validity of that part of agreement).

    In addition, Marohl contends that the Bank's forbearance in the collection of the Borrowers' debt for two years and the payment of property taxes by the Bank constitutes further extension of credit in contravention *238 of the subordination agreement.[5] Marohl, however, provides no authority for the proposition that forbearance or payment of property taxes by the mortgagee constitutes an "extension of credit" to the Borrowers as that term is used in the subordination agreement or as it is commonly understood. Because tax liens have priority over other types of liens, 36 M.R.S.A. § 943 (1990), it is common practice for a mortgagee to pay taxes on property that the mortgagor is under a duty to pay in order to protect its interest in the property.[6]See 55 Am.Jur.2d Mortgages § 284 (1971) (mortgagee entitled to reimbursement for taxes paid in order to protect interest).

    Nor can Marohl point to a requirement that the Bank was required to immediately foreclose in the event of the Borrowers' default. The Bank's mortgage contains an optional acceleration clause, and there is no language in the subordination agreement requiring that such accelerations be immediate and mandatory. Furthermore, the "general rule is that a renewal or an extension of an existing senior mortgage and note or other obligation secured thereby, without any increase of principal or interest payable with respect to the secured indebtedness, will not result in any loss of priority of the senior mortgage over junior encumbrances." 55 Am.Jur.2d Mortgages § 330 (1971). The Superior Court correctly entered a summary judgment.

    The entry is:

    Judgment affirmed.

    All concurring.

    NOTES

    [1] In part, the subordination clause in the mortgage states:

    Grantee covenants and agrees to subordinate the mortgage deed interests herein conveyed to a mortgage deed hereafter given by Grantor to a third party upon the conditions as follows:

    (1) The total principal indebtedness for which the mortgage deed shall issue is not in excess of Two Hundred Seventy-five Thousand Dollars ($275,000.00), [with interest not in excess of prime plus three percent (3%)] fully amortizable in equal monthly installments of principal and interest over a term not in excess of ten (10) years, and terms which shall further prohibit additional extensions of credit under said mortgage deed, including without limitation, a refinancing of the obligation to the originally stated amount at any time during the term of said indebtedness without the approval and consent of the Grantee herein.

    [2] On May 12, 1987, draft copies of the promissory note and mortgage deed were faxed by the Bank to Marohl's attorney, John Becker. The draft version of the promissory note contained a loan term of fifteen years. This term was changed in the final version. In pertinent part, the final promissory note provides:

    [The borrowers] ... promise to pay to the order of [the bank], the principal sum of two hundred seventy-five thousand and 00/100 dollars ($275,000.00), or so much thereof as may be advanced, together with interest thereon computed from the date of each advance at a rate determined by the holder hereof, which rate shall be three percent (3%) per annum in excess of the most recently established base rate of the Bank of Boston....

    Principal and interest shall be due and payable in monthly installments commencing one month from the date hereof and continuing on the same day of every month thereafter. The amount of each such installment shall be the amount required to amortize the then remaining principal balance at the then current rate of interest over the then remaining number of installments. For the purpose of such calculations, the total number of such installments shall be one hundred eighty (180). On the date fixed for the payment of the one hundred twentieth (120th) such installment, however, the entire principal balance and accrued interest, if not sooner paid, shall be due and payable in full.

    (Emphasis added.)

    [3] The subordination agreement states in pertinent part:

    NOW THEREFORE, MAROHL CONSTRUCTION, INC., by its officers duly authorized, does subject and subordinate the aforesaid Mortgage Deed, lien and interests contained therein to the Deed and Mortgage Lien delivered by DANIEL T. LONGFELLOW, THOMAS A. LONGFELLOW and HOLLIS E. CONDON to the MACHIAS SAVINGS BANK and contemporaneously recorded in order to secure the payment of $275,000.00 by them to said bank and the lien securing the indebtedness to MAROHL CONSTRUCTION, INC., shall remain secondary and inferior to the same.

    [4] A default judgment was entered against the State of Maine; Steak Houses of Maine, Inc. was dismissed as a party to the action. The court determined Marohl to have priority over the remaining parties in interest.

    [5] In its brief, Marohl also raises the issue of the Bank's breach of its duty to Marohl as the subordinate lien holder. This issue was not raised before the Superior Court and therefore, is not properly before us on appeal. See Balkan v. Johnston, 561 A.2d 177, 178 (Me.1989) (defendants' failure to contest issue of attorney fees at trial precluded appellate review of issue).

    [6] In fact, the mortgage deed expressly provides that the Bank may protect its interest in the property by paying any tax or other charge against the property.

    Источник: https://law.justia.com/cases/maine/supreme-court/1995/662-a-2d-235-0.html

    Counterfeit Treasurer Checks Bearing the Name Machias Savings Bank, Machias, Maine, are Reportedly in Circulation

    Machias Savings Bank, Machias, Maine, has contacted the Federal Deposit Insurance Corporation (FDIC) to report that counterfeit treasurer checks bearing the institution's name are in circulation.

    The counterfeit items display the routing number 211274531, which is assigned to Machias Savings Bank. The items are dissimilar to authentic treasurer checks. The counterfeit items display a security feature statement embedded in a darkened top border and a crown icon at the right end of the signature area.

    Authentic treasurer checks are blue with red check numbers. They display an “X” at the beginning of the signature line and the statement “VOID AFTER 60 DAYS” below the signature line. A “NOTICE TO CUSTOMER” statement is printed below the right side of a “MEMO” line, which extends across the bottom portion.

    Copies of a counterfeit item and an authentic check (VOID) are attached for your review. Be aware that the appearance of counterfeit items can be modified and that additional variations may be presented.

    Any information you have concerning this matter should be brought to the attention of:

    Compliance Department
    Machias Savings Bank
    4 Center Street
    P.O. Box 318
    Machias, Maine 04654
    Telephone: (207) 255-3347
    Fax: (207) 255-9438
    E-mail: [email protected]

    Information about counterfeit items, cyber-fraud incidents and other fraudulent activity may be forwarded to the FDIC's Cyber-Fraud and Financial Crimes Section, 550 17th Street, N.W., Room F-4004, Washington, D.C. 20429, or transmitted electronically to [email protected] Questions related to federal deposit insurance or consumer issues should be submitted to the FDIC using an online form that can be accessed at http://www2.fdic.gov/starsmail/index.asp.

    For your reference, FDIC Special Alerts may be accessed from the FDIC's website at www.fdic.gov/news/news/SpecialAlert/2008/index.html. To learn how to automatically receive FDIC Special Alerts through e-mail, please visit www.fdic.gov/about/subscriptions/index.html.

    Sandra L. Thompson
    Director
    Division of Supervision and Consumer Protection

    Источник: https://www.bankersonline.com/alerts/45709

    BUREAU OF FINANCIAL INSTITUTIONS
    Department of Professional and Financial Regulation
    State of Maine

    >> All Orders and Certificates by date

    ORDER APPROVING
    APPLICATION OF
    MACHIAS SAVINGS BANK, MACHIAS, MAINE
    TO PURCHASE CERTAIN ASSESTS AND
    ASSUME CERTAIN LIABILITIES OF
    SIX BRANCHES OF
    THE BANK OF MAINE, PORTLAND, MAINE

     

                Machias Savings Bank, Machias, Maine (“MSB”) applied to the Superintendent of the Maine Bureau of Financial Institutions (“the Superintendent”), pursuant to Title 9-B M.R.S. Chapter 35 to purchase certain assets and assume certain liabilities of six branches being sold by The Bank of Maine, Portland, Maine (“BOM”).  The six branches are located in Caribou, Fort Kent, Houlton, Lincoln, Mars Hill, and Presque Isle, Maine.  This transaction includes the simultaneous closure of the branches located in Fort Kent and Mars Hill and consolidation of the acquired Houlton branch into the existing MSB Houlton branch.   

                The application was accepted for processing by the Bureau on August 23, 2013.  Public notice, as required by Title 9-B M.R.S. §252.2(B), was provided by publication, posted on the Bureau’s website and sent to interested parties affording them an opportunity to either submit written comments or request a hearing.  The Bureau received no comments during the public comment period ending September 27, 2013.

                A Principal Bank Examiner of the Maine Bureau of Financial Institutions conducted an investigation of this transaction by evaluating the criteria and factors identified in Title 9-B M.R.S. §253.  All evidence and pertinent material that were considered by the Examiner were also considered by the Superintendent in reaching his decision.

                MSB is a $962 million asset state-chartered bank that operates fourteen offices in downeast Maine and offers a full range of banking products and services for individuals and businesses.  MSB is wholly-owned by Machias Bancorp, MHC, a mutual holding company.  BOM is a $785 million asset federally-chartered savings bank operating thirty-four offices in the State of Maine.  The six subject branches, located in Aroostook and Penobscot Counties, have approximately $76 million in deposits.  After consummation of the proposed purchase and assumption, MSB will become the sixth largest competitor in Aroostook County with 13% of the deposit market share, and the seventh largest competitor in Penobscot County with 7% of the deposit market share.  The increase in competition is within acceptable limits based on guidelines utilized by the Department of Justice.  MSB will remain the seventh largest competitor in the State of Maine’s deposit market with 3.9% share of Maine deposits. 

                MSB has the managerial and financial resources to operate the additional branches without adversely affecting its overall condition.  The subject branches are located north of MSB’s existing branch footprint, in a similarly rural market.  Banking products and services offered by MSB are substantially similar.  The acquisition should contribute to the long-term strength of MSB and to the financial needs and convenience of Aroostook and Penobscot Counties. 
     

                The Bureau’s analysis concludes that the proposed purchase and acquisition will not have a significant adverse competitive effect in the Aroostook County and Penobscot County markets and that MSB has satisfactorily met other statutory application requirements.  Therefore, the application of MSB to acquire the six aforementioned BOM branches in northern Maine, to simultaneously close two branches located in Fort Kent and Mars Hill, and to consolidate a third branch located in Houlton, is approved.  The transaction shall be completed within one year of the effective date of this Order, unless a written extension is granted by the Superintendent.

                Any person aggrieved by this Order shall be entitled to a judicial review of the Order in accordance with the Maine Administrative Procedure Act, Title 5, Chapter 375, subchapter VII.

                By order of the Superintendent effective close of business October 30, 2013.


                                                                                        Lloyd P. LaFountain III
                                                                                        Superintendent

     

     

    Gardiner, Maine
    September 30, 2013

     

     

    Last Updated: November 8, 2018

    Источник: https://www.maine.gov/pfr/financialinstitutions/orders/MachiasPurchase_TBOMbranches.htm

    Machias Savings Bank throughout its existence has been developing long lasting customer relationships across Maine since it was founded in 1869. The bank is among the oldest and firmly established community banks in Maine. Machias Savings Bank has successfully managed to provide exceptional customer service while maintaining its small town roots.

    Check your credit with Identity IQ

    Online Banking from Machias Savings Bank allows you bank whenever, wherever. The online banking service makes it easy to access an individual’s accounts anytime it is convenient for him or her. To know how you can access online banking service in Machias Savings Bank, consider the following guide.

    HOW TO LOG IN

    Online banking customer are required to provide their login details before accessing online banking service in Machias Savings Bank. Follow steps below to login:

    Step 1- In your browser, open this http://machiassavings.com/ link to access Machias Savings Bank website

    Step 2- In the homepage, enter your Access ID in the shown field, then click LOGIN to access the password-entry page

    login

    Step 3- Please provide your password in the shown field, then click Submit

    login2

    The online banking system will validate your login details before granting you access to the service.

    FORGOTTEN PASSWORD/LOG ID?

    If you are an online banking customer in Machias Savings Bank, feel free to reset your fogotten online banking password through the following steps:

    Step 1- Follow the first 2 steps in the “How To Log In” above

    Step 2- In the password-entry page, click the Forgot Password? link shown below

    pswd

    Step 3- Provide your Access ID, Last 4 Digits of Tax ID Number and Email Address, then click Submit to verify your identity

    pswd2

    The Online Banking system upon validating your identity, it will send you password via email.

    HOW TO ENROLL

    Enrollment for online banking service in Machias Savings Bank is only possible for account holders in the bank. To enroll, follow these steps:

    Step 1- In the homepage, click the Enrollment link with Access Your Account to initiate enrollment process

    enroll

    Step 2- Fill in the requested details in the First Time User Authentication form, then click Submit

    enroll2

    After the online banking system approves your identity, you will be allowed to proceed and complete the enrollment process.

    MANAGE MACHIAS SAVINGS BANK ONLINE ACCOUNT

    Machias Savings Bank’s online banking service provides the following features:

    • View account balances & history
    • Transfer funds
    • View previous statements
    • Stop Payment capability (checks only)
    • Schedule payments
    • View Check Images
    • Export transactions to preferred financial software

    Holiday Schedule for 2020 & 2021

    These are the federal holidays of which the Federal Reserve Bank is closed.
    Machias Savings Bank and other financial institutes are closed on the same holidays.

    Holiday20202021
    New Year's DayJanuary 1January 1
    Martin Luther King DayJanuary 20January 18
    Presidents DayFebruary 17February 15
    Memorial DayMay 25May 31
    Independence DayJuly 4July 4
    Labor DaySeptember 7September 6
    Columbus DayOctober 12October 11
    Veterans DayNovember 11November 11
    Thanksgiving DayNovember 26November 25
    Christmas DayDecember 25December 25

    Login Instructions for Other Banks (See all)


    Check & protect your credit with Identity IQ.

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    Monitor your credit score without hard inquiries!

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    Источник: https://ccbank.us/machias-savings-bank-online-banking-login/

    Screenshots

      Description

      Don't have time to go to the bank? No problem, with MSB Online you can do your personal and business banking on the go with your mobile device.

      Use MSB Online to check your balances, view recent transactions, transfer funds, pay bills, receive alerts and even make a deposit!

      Just a few things: MSB Online is available only with a Machias Savings Bank Account. The MSB Online App is free, but your mobile phone service provider may charge for text messages and/or web access, check your plan for details.

      Version 20.1.5713

      Ratings and Reviews

      Nice people, great services, many locations, great mobile app

      Nice people

      Much to like about this app....

      ...it can do most of the critical things with ease. With more and more done from my tablet, I’d appreciate a way to add payees on the fly, and to quickly double check the last time a payee was paid/amount, (without having to scroll through all transactions). But it does most of what I want, well.

      Overly complex

      They took something and instead of simplifying it added many more vague links drop downs and the real downside is it was not even fully functional for two days, crashing on day two.
      The upside is the people on the help side very kind understanding. Provided great service for an app and web site that went from really good to overly complex and hard to initially navigate.

      The developer, Machias Savings Bank Inc, indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy.

      Data Linked to You

      The following data may be collected and linked to your identity:

      • Contact Info
      • Contacts
      • Identifiers
      • Usage Data
      • Diagnostics

      Privacy practices may vary, for example, based on the features you use or your age. Learn More

      Information

      Seller
      Machias Savings Bank Inc

      Size
      60.5 MB

      Category
      Finance

      Compatibility
      iPhone
      Requires iOS 11.0 or later.
      iPad
      Requires iPadOS 11.0 or later.
      iPod touch
      Requires iOS 11.0 or later.
      Mac
      Requires macOS 11.0 or later and a Mac with Apple M1 chip.
      Languages

      English, Portuguese, Simplified Chinese, Spanish, Traditional Chinese

      Age Rating
      4+

      Copyright
      © Machias Savings Bank

      Price
      Free

      Supports

      • Family Sharing

        With Family Sharing set up, up to six family members can use this app.

      You Might Also Like

      Источник: https://apps.apple.com/us/app/machias-savings-bank/id606958836

      Machias Savings Bank breaks ground on new facility

      MACHIAS – Machias Savings Bank is expanding again, and this time it’s right on Main Street in town, just down the street from their current campus.

      “One hundred and fifty years ago we accepted our first deposit in the amount of $2.50 and we made our first mortgage loan in the amount of $676,” said president and CEO Larry Barker of the bank that is now is the second largest mutual savings bank in Maine.

      On Monday, officials held a groundbreaking on a new facility that will employ 50 more people.

      “It’s going to be an operations center for us,” Barker said. “We’re bursting at the seams with our existing facilities to support our growth across that state of Maine.”

      The new $5 million building will also have a fitness center, meeting spaces, flexible work spaces and open style cafeteria and eating area machias savings bank maine all bank employees in town to use.

      “Our company was founded 150 years ago for the purpose of making a difference and serving the community,” Barker said. “We’re still committed to that, those same ideals today.”

      Others agree.

      “We would like to say how grateful we are for this enduring anchor, which is Machias Savings Bank,” said Bill Kitchen, a Machias Select Board member. “We believe that our town and this community has created a critical tipping point and that this institution is absolutely key to that.”

      Town Manager Christina Therrien credited bank officials for started the “join us on Main Street” campaign, which has helped revitalize downtown.

      “There is no secret for why they continue to grown in a challenging industry: Exceptional service goes a long way,” said Therrien.

      “We are confident the new investment here on Main Street will spur further revitalization and growth in the town,” added Amanda Michaud of the Machias Bay Area Chamber of Commerce.

      Источник: https://www.foxbangor.com/news/item/48117-machias-savings-bank-breaks-ground-on-new-facility/

      Counterfeit Treasurer Checks Bearing the Name Machias Savings Bank, Machias, Maine, are Reportedly in Circulation

      Machias Savings Bank, Machias, Maine, has contacted the Federal Deposit Insurance Corporation (FDIC) to report that counterfeit treasurer checks bearing the institution's name are in circulation.

      The counterfeit items display the routing number 211274531, which is assigned to Machias Savings Bank. The items are dissimilar to authentic treasurer checks. The counterfeit items display a security feature statement embedded in a darkened top border and a crown icon at machias savings bank maine right end of the signature area.

      Authentic treasurer checks are blue with red check numbers. They display an “X” at the beginning of the signature line and the statement “VOID AFTER 60 DAYS” below the signature line. A “NOTICE TO CUSTOMER” statement is printed below the right side of a “MEMO” line, which extends across the bottom portion.

      Copies of a counterfeit item and an authentic check (VOID) are attached for your review. Be aware that the appearance of counterfeit items can check my yard house gift card balance modified and that additional variations may be presented.

      Any information you have concerning this matter should be brought to the attention of:

      Compliance Department
      Machias Savings Bank
      4 Center Street
      P.O. Box 318
      Machias, Maine 04654
      Telephone: (207) 255-3347
      Fax: (207) 255-9438
      E-mail: [email protected]

      Information about counterfeit items, cyber-fraud incidents and other fraudulent activity may be forwarded to the FDIC's Cyber-Fraud and Financial Crimes Section, 550 17th Street, N.W., Room F-4004, Washington, D.C. 20429, or transmitted electronically to [email protected] Questions related to federal deposit insurance or consumer issues should be submitted to the FDIC using an online form that can be accessed at http://www2.fdic.gov/starsmail/index.asp.

      For your reference, FDIC Special Alerts may be accessed from the FDIC's website at www.fdic.gov/news/news/SpecialAlert/2008/index.html. To learn how to automatically receive FDIC Special Alerts through e-mail, please visit www.fdic.gov/about/subscriptions/index.html.

      Sandra L. Thompson
      Director
      Division of Supervision and Consumer Protection

      Источник: https://www.bankersonline.com/alerts/45709

      Machias Savings Bank throughout its existence has been developing long lasting customer relationships across Maine since it was founded in 1869. The bank is among the oldest and firmly established community banks in Maine. Machias Savings Bank has successfully managed to provide exceptional customer service while maintaining its small town roots.

      Check your credit with Identity IQ

      Online Banking from Machias Savings Bank allows you bank whenever, wherever. The online banking service makes it easy to access an individual’s accounts anytime it is convenient for him or her. To know how you can access online banking service in Machias Savings Bank, consider the following guide.

      HOW TO LOG IN

      Online banking customer are required to provide their login details before accessing online banking service in Machias Savings Bank. Follow steps below to login:

      Step 1- In your browser, open this http://machiassavings.com/ link to access Machias Savings Bank website

      Step 2- In the homepage, enter your Access ID in the shown field, then click LOGIN to access the password-entry page

      login

      Step 3- Please provide your password in the shown field, then click Submit

      login2

      The online banking system will validate your login details before granting you access to the service.

      FORGOTTEN PASSWORD/LOG ID?

      If you are an online banking customer in Machias Savings Bank, feel free to reset your fogotten online banking password through the following steps:

      Step 1- Follow the first 2 steps in the “How To Log In” above

      Step 2- In the password-entry page, click the Forgot Password? link shown below

      pswd

      Step 3- Provide your Access ID, Last 4 Digits of Tax ID Number and Email Address, then click Submit to verify your identity

      pswd2

      The Online Banking system upon validating your identity, it will send you password via email.

      HOW TO ENROLL

      Enrollment for online banking service in Machias Savings Bank is only possible for account holders in the bank. To enroll, follow these steps:

      Step 1- In the homepage, click the Enrollment link with Access Your Account to initiate enrollment process

      enroll

      Step 2- Fill in the requested details in the First Time User Authentication form, then click Submit

      enroll2

      After the online banking system approves your identity, you will be allowed to proceed and complete the enrollment process.

      MANAGE MACHIAS SAVINGS BANK ONLINE ACCOUNT

      Machias Savings Bank’s online banking service provides the following features:

      • View account balances & history
      • Transfer funds
      • View previous statements
      • Stop Payment capability (checks only)
      • Schedule payments
      • View Check Images
      • Export transactions to preferred financial software

      Holiday Schedule for 2020 & 2021

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      Machias Savings Bank and other financial institutes are closed on the same holidays.

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      Источник: https://ccbank.us/machias-savings-bank-online-banking-login/
      second round of stimulus check update have time to go to the bank? No problem, with MSB Online you can do your personal and business banking on the go with your mobile device.

      Use MSB Online to check your balances, view recent transactions, transfer funds, pay bills, receive alerts and even make a deposit!

      Just a few things: MSB Online is available only with a Machias Savings Bank Account. The MSB Online App is free, but your mobile phone service provider may charge for text messages and/or web access, check your plan for details.

      Version 20.1.5713

      Ratings and Reviews

      Nice people, great services, many locations, great mobile app

      Nice people

      Much to like about this app.

      .it can do most of the critical things with ease. With more and more done from my tablet, I’d appreciate a way to add payees on the fly, and to quickly double check the last time a payee was paid/amount, (without having to scroll through all transactions). But it does most of what I want, well.

      Overly complex

      They took something and instead of simplifying it added many more vague links drop downs and the real downside is it was not even fully functional for two days, crashing on day two.
      The upside is the people on the help side very kind understanding. Provided great service for an app and web site that went from really good to overly complex and hard to initially navigate.

      The developer, Machias Savings Bank Inc, indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy.

      Data Linked to You

      The following data may be collected and linked to your identity:

      • Contact Info
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      • Identifiers
      • Usage Data
      • Diagnostics

      Privacy practices may vary, for example, based on the features you use or your age. Learn More

      Information

      Seller
      Machias Savings Bank Inc

      Size
      60.5 MB

      Category
      Finance

      Compatibility
      iPhone
      Requires iOS 11.0 or later.
      iPad
      Requires iPadOS 11.0 or later.
      machias savings bank maine iPod touch
      Requires iOS 11.0 or later. machias savings bank maine
      Mac
      Requires macOS 11.0 or later and a Mac with Apple M1 chip.
      Languages

      English, Portuguese, Simplified Chinese, Spanish, Traditional Chinese

      Age Rating
      4+

      Copyright
      © Machias Savings Bank

      Price
      Free

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      Источник: https://apps.apple.com/us/app/machias-savings-bank/id606958836

      Print

      BREWER, Maine – Waterfront Concerts announced Monday an exclusive arrangement with Machias Savings Bank in which the bank’s customers will have access to tickets before their availability to the general public.

      The arrangement was announced during a press conference at the Machias Savings Bank branch on Wilson Street in Brewer.

      “We have already announced some big shows this year, but there is more to come,” said Alex Gray, president of Waterfront Concerts. “And because of sponsors like Machias Savings Bank coming on board and realizing the appeal of the Waterfront Concert Series at the Darling’s Pavilion, we are able to bring bigger shows to the Bangor Waterfront … like the top-tier shows that have already been announced — Toby Keith, Sting, Phish, and Kenny Chesney.”

      To access pre-sale tickets, the bank’s customers can use their Machias Savings Bank credit or debit cards to make the purchase. There will be no need for special codes or coupons for the bank’s customers to take advantage of the pre-sale opportunities.

      “We will be providing Machias Savings Bank ATM machines this year both near the box office and near the concessions at the Darling’s Waterfront Pavilion for the convenience of all concert-goers who might need a little extra cash for souvenirs or refreshments,” said Larry Barker, president of Machias Savings Bank. “At Machias Savings Bank, we have believed for a long time that Eastern Maine is a great place for people to visit, work, and play. Waterfront Concerts is another piece of the puzzle that is attracting more and more people to this part of the country what is the capital of wyoming cheyenne and those people keep coming back for all that we have to offer.”

      Waterfront Concerts also confirmed the 13th show of the season — Grammy winning hip-hop icon Lil Wayne will perform at the Darling’s Waterfront Pavilion on Tuesday, July 23. The 2013 America’s Most Wanted Tour also will bring T.I. and Future to eastern Maine, and tickets for the show will go on sale at noon Friday.

      The first show of the season will be Motley Crue on Thursday, May 16.

      Machias Savings Bank has 14 branches in 13 communities throughout eastern Maine.

      -From the Bangor Daily News –

      Источник: https://brewermaine.gov/news/machias-savings-bank-customers-to-get-early-access-to-waterfront-concerts-tickets/

      MacHias Savings Bank v. Longfellow

      662 A.2d 235 (1995)

      MACHIAS SAVINGS BANK v. Daniel T. LONGFELLOW, et al.

      Supreme Judicial Court of Maine.

      Submitted on Briefs April 10, 1995.

      Decided July 31, 1995.

      *236 Laurie A. Dart & Lorena R. Rush, Eaton, Peabody, Bradford & Veague, Bangor, for plaintiff.

      Marvin H. Glazier, Vafiades, Brountas & Kominsky, Bangor, for defendants.

      Before ROBERTS, GLASSMAN, CLIFFORD, RUDMAN, DANA and LIPEZ, JJ.

      CLIFFORD, Justice.

      Marohl Construction, Inc., a party in interest, appeals from the entry of a summary judgment entered in the Ameris bank online banking app Court (Penobscot County, Marsano, J.) in favor of Machias Savings Bank (Bank). Marohl contends that a summary judgment was improperly granted because the Bank's mortgage, to which Marohl's mortgage was subordinated, should not have been given priority status. Finding Marohl's contentions to be without merit, we affirm the judgment of the Superior Court.

      On December 31, 1986, Marohl conveyed property to Daniel Longfellow, Thomas Longfellow, and Hollis Condon (Borrowers). By mortgage deed, the Borrowers gave a mortgage to Marohl to secure a debt in the amount of $216,262.08. The mortgage included a clause pursuant to which Marohl agreed to subordinate its interest to a mortgage deed "hereafter given" under specified conditions.[1]

      In May 1987, the Borrowers executed and delivered a mortgage deed and promissory note to the Bank in the amount of $275,000.00.[2] In conjunction with this mortgage, Marohl executed a subordination agreement in the Bank's favor.[3] Marohl received $99,779.19 from the Bank.

      *237 On September 1, 1993, the Bank filed a complaint for foreclosure against the Borrowers in the District Court (Bangor) alleging that the Borrowers' failure to pay taxes and keep the title clear of superior liens breached their mortgage agreement. The complaint also listed Steak Houses of Maine, Inc., Marohl, Murray, Plumb and Murray, the State of Maine, Maine Propane Energy, Inc., and Maine Coal Sales Co. as parties in interest and sought a determination of priority among them. The Borrowers did not contest the foreclosure action. Marohl answered the complaint, alleging as an affirmative defense that the Bank did not comply with the subordination agreement. Pursuant to M.R.Civ.P. 76C, the case was removed to the Superior Court.

      The Bank subsequently moved for a summary judgment. The Superior Court granted the motion in favor of the Bank and issued an order and judgment of foreclosure and sale.[4] This appeal by Marohl followed.

      A summary judgment may be granted when

      the pleadings, depositions, answers to interrogatories, and admissions on file, together with the affidavits, if any, referred to in the statements required by Rule 7(d) show that machias savings bank maine is no genuine issue as to any material fact set forth in those statements and that any party is entitled to a judgment as a matter of law.

      M.R.Civ.P. 56(c). The "burden of demonstrating clearly that there is no genuine issue as to any material fact and that [a party] is entitled to a judgment in [its] favor as a matter of law" is placed on the party seeking the summary judgment. Magno v. Town of Freeport, 486 A.2d 137, 141 (Me.1985). We review the grant of a motion for a summary judgment for errors of law, viewing the evidence in the light most favorable to the party against whom the judgment was entered. Fisherman's Wharf Assoc. II v. Verrill & Dana, 645 A.2d 1133, 1135 (Me.1994).

      In support of its contention that the Bank's mortgage does not have priority over its mortgage, Marohl first contends that the terms of the mortgage note between the Bank and the Borrowers do not conform machias savings bank maine the terms of Marohl's commitment to subordinate contained in the mortgage deed granted by the Borrowers to Marohl. We agree that there is some variance between the terms of the note issued to the Bank and the terms of Marohl's commitment to subordinate contained in the mortgage deed. The note to the Bank, although payable in ten years, as is required in the commitment santander mortgage free phone number subordinate agreement, provides for the last installment to be a balloon payment, the previous payments having been computed as though the mortgage was payable over fifteen years. The subordination agreement refers to equal payments. In this case, however, such a variance is not fatal to the Bank's position because Marohl had full knowledge of the variance when it proceeded to subordinate its mortgage.

      Marohl received copies of the promissory note and mortgage deed prior to executing the subordination agreement. It made no objection, agreed to subordinate its mortgage in the Bank's favor, and accepted payment of $99,779.19. Marohl "had a reasonable opportunity to know the character or essential terms of the proposed contract," and its conduct was "effective as a manifestation of assent" to the contents of the documents. Restatement (Second) of Contracts § 163 cmt. b (1981); see In re Machias savings bank maine of Whitlock, 576 A.2d 748, 749 (Me.1990) (party signing Agreement Among Successors with full knowledge of shortcomings in inventory and accounting methods was foreclosed from raising issue as to validity of that part of agreement).

      In addition, Marohl contends that the Bank's forbearance in the collection of the Borrowers' debt for two years and the payment of property taxes by the Bank constitutes further extension of credit in contravention *238 of the subordination agreement.[5] Marohl, however, provides no authority for the proposition that forbearance or payment of property taxes by the mortgagee constitutes an "extension of credit" to the Borrowers as that term is used in the subordination agreement or as it is commonly understood. Because tax liens have priority over other types of liens, 36 M.R.S.A. § 943 (1990), it is common practice for a mortgagee to pay taxes on property that the mortgagor is under a duty to pay in order to protect its interest in the property.[6]See 55 Am.Jur.2d Mortgages § 284 (1971) (mortgagee entitled to the devil and daniel webster movie online for taxes paid in order to protect interest).

      Nor can Marohl point to a requirement that the Bank was required to immediately foreclose in the event of the Borrowers' default. The Bank's mortgage contains an optional acceleration clause, and there is no language in the subordination agreement requiring that such accelerations be immediate and mandatory. Furthermore, the "general rule is that a renewal or an extension of an existing senior mortgage and note or other obligation secured thereby, without any increase of principal or interest payable with respect to the secured indebtedness, will not result in any loss of priority of the senior mortgage over junior encumbrances." 55 Machias savings bank maine Mortgages § 330 (1971). The Superior Court correctly entered a summary judgment.

      The entry is:

      Judgment affirmed.

      All concurring.

      NOTES

      [1] In part, the subordination clause in the mortgage states:

      Grantee covenants and agrees to subordinate the mortgage deed interests herein conveyed to a mortgage deed hereafter given by Grantor to a third party upon the conditions as follows:

      (1) The total principal indebtedness for which the mortgage deed shall issue is not in excess of Two Hundred Seventy-five Thousand Dollars ($275,000.00), [with interest not in excess of prime plus three percent (3%)] fully amortizable in equal monthly installments of principal and interest over a term not in excess of ten (10) years, and terms which shall further prohibit additional extensions of credit under said mortgage deed, including without limitation, a refinancing of the obligation to the originally stated amount at any time during the term of said indebtedness without the approval and consent of the Machias savings bank maine herein.

      [2] On May 12, 1987, draft copies of the promissory note and mortgage deed were faxed by the Bank to Marohl's attorney, John Becker. The draft version of the promissory note contained a loan term of fifteen years. This term was changed in the final version. In pertinent part, the final promissory note provides:

      [The borrowers] . promise to pay to the order of [the bank], the principal sum of two hundred seventy-five thousand and 00/100 dollars ($275,000.00), or so much thereof as may be advanced, together with interest thereon computed from the date of each advance at a rate determined by the holder hereof, which rate shall be three percent (3%) per annum in excess of the most recently established base rate of the Bank of Boston.

      Principal and interest shall be due and payable in monthly installments commencing one month from the date hereof and continuing on the same day of every month thereafter. The amount of each such installment shall be the amount required to amortize the then remaining principal balance at the then current rate of interest over the then remaining number of installments. For the purpose of such calculations, the total number of such installments shall be one hundred eighty (180). On the date fixed for the payment of the one hundred twentieth (120th) such installment, however, the entire principal balance and accrued interest, if not sooner paid, shall be due and payable in full.

      (Emphasis added.)

      [3] The subordination agreement states in pertinent part:

      NOW THEREFORE, MAROHL CONSTRUCTION, INC., by machias savings bank maine officers duly authorized, does subject and subordinate the aforesaid Mortgage Deed, lien and interests contained therein to the Deed and Mortgage Lien delivered by DANIEL T. LONGFELLOW, THOMAS A. LONGFELLOW and HOLLIS E. CONDON to the MACHIAS SAVINGS BANK and contemporaneously recorded in order to secure the payment of $275,000.00 by them to said bank and the lien securing the indebtedness to MAROHL CONSTRUCTION, INC., shall remain secondary and inferior to the same.

      [4] A default judgment was entered against the State of Maine; Steak Houses of Maine, Inc. was dismissed as a party to the action. The court determined Marohl to have priority over the remaining parties in interest.

      [5] In its brief, Marohl also raises the issue of the Bank's breach of its duty to Marohl as the subordinate lien holder. This issue was not raised before the Superior Court and therefore, is not properly before us on appeal. See Balkan v. Johnston, 561 A.2d 177, 178 (Me.1989) (defendants' failure to contest issue of attorney fees at trial precluded appellate review of issue).

      [6] In fact, the mortgage deed expressly provides that the Bank may protect its interest in the property by paying any tax or other charge against the property.

      Источник: https://law.justia.com/cases/maine/supreme-court/1995/662-a-2d-235-0.html

      David Lawrence King
      machias savings bank maine

      Thematic video

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