Saco & Biddeford Savings Donates $23,990 to End School Hunger

Saco & Biddeford Savings Donates $23,990 to End School Hunger
Funds raised through the Community Debit Card Program increased nearly 25 percent in 2021

SACO, Maine (February 15, 2022) – In a year when many Maine families have faced financial hardship, Saco & Biddeford Savings Institution (SBSI) is continuing its efforts to help end school hunger. The bank will donate $23,990 to school nutrition programs in York and Cumberland counties through its Community Debit Card Program, providing meals for students in
Biddeford, Old Orchard Beach, Saco, Scarborough, South Portland and Westbrook.

According to the National Education Association, child nutrition is a critical factor in development and achievement. Eating breakfast at school helps children perform better, have better attendance, and exhibit fewer behavior problems. Maine ranks as one of the most food-insecure states, with 46 percent of students attending Maine schools eligible for free or reduced lunch according to the National Center for Education Statistics.

“Hunger in our communities is all too common, but no child should have to wonder where their next meal is going to come from,” said Bob Quentin, President and CEO of SBSI. “As a mutual
organization, it is our responsibility to do our part to help. We’re grateful for our customers, who continue to support the Community Debit Card Program and show their commitment in helping to keep our students fed.”

Donations to the program are generated every time SBSI customers swipe their Community Debit Cards for non-ATM transactions. This year’s total of nearly $24,000 marks an increase of almost 25 percent compared to 2021 when card users raised $18,000. In total, the program has raised more than $66,000 over four years.

To learn more about the Community Debit Card Program, visit https://www.sbsavings.bank/community-debit-cards/.

About Saco & Biddeford Savings Institution

Founded in 1827, Saco & Biddeford Savings is Maine’s oldest bank. For 195 years, SBSI has continued to meet the ever-changing needs of the customers and communities it serves. Fulfilling its commitment to mutuality, SBSI has contributed more than $4.7 million to area organizations over the last 10 years. For more information, visit www.sbsavings.bank, Instagram at @SBSavings, Facebook at @sacobiddefordsavings, or visit one of their locations in Saco, Biddeford, Old Orchard Beach, Portland, Scarborough, South Portland or Westbrook. Member FDIC and an Equal Housing Lender.