Machias Savings Bank – Community Development Grant (2026)
Funding Community Wellness, Youth & Education, and Economic Development
Machias Savings Bank offers a competitive Community Development Grant Program supporting projects that strengthen local communities within the bank’s primary lending area. Grant funding prioritizes initiatives that benefit low-to-moderate income individuals and families and contribute to long-term community development outcomes.
Organization: Machias Savings Bank
Support Type: Charitable grants
Geographic Focus: Machias Savings Bank primary lending area (CRA-defined service areas where bank locations are present)
Application Period: April 18 – May 23, 2026
About the Funder
Machias Savings Bank is a community-focused financial institution committed to supporting economic vitality and quality of life across its service area. Through its Community Development Grant Program, the bank invests in projects that promote wellness, opportunity, and sustainable local growth.
Grant Overview
- Total funding available: $100,000
- Maximum award: $10,000 per organization
- Awards: Granted in varying amounts to multiple organizations across the service area
Giving Priorities
Machias Savings Bank seeks to fund projects that align with one or more of the following areas:
Community Wellness
Programs and services that improve health, stability, and overall well-being within local communities.
Youth & Education
Initiatives that support learning, skill-building, and positive outcomes for children and young people.
Economic Development
Projects that strengthen local economies and promote community vitality.
Priority Project Characteristics
Preference is given to projects that:
- Benefit low-to-moderate income individuals and/or families
- Create or retain jobs
- Revitalize communities within the bank’s service area
- Support affordable housing or related assistance programs
- Demonstrate clear community development impact
Eligibility
Applicants must:
- Propose projects located in or serving Machias Savings Bank’s primary lending area
- Submit applications electronically through the bank’s website
- Meet community development objectives aligned with CRA standards
Timeline & Application Process
📅 Application Opens: April 18, 2026
📅 Application Deadline: May 23, 2026 (late applications will not be considered)
All applications must be submitted online.
Apply / Learn More:
➡️ https://www.machiassavings.bank/community-development-guidelines/
Why This Opportunity Is a Good Fit
This grant opportunity is well suited for organizations that:
- Serve communities within Machias Savings Bank’s lending footprint
- Focus on community wellness, youth and education, or economic development
- Support low-to-moderate income populations
- Are seeking modest grants with meaningful local impact
Corporate Grants Guide Notes
Total Funding: $100,000
Maximum Award: $10,000
Deadline: May 23, 2026
Best Suited For: Community-based nonprofits advancing economic development, education, and community well-being within Machias Savings Bank service areas
