Machias Savings: Community Development Grant

Organization: Machias Savings Bank

Opportunity Description: We are pleased to announce our Community Development Grant. The beneficiary(ies) of this award will have a deserving project(s) located or serving in Machias Savings Bank’s primary lending area, as defined in our CRA Public File. Our primary lending area shall, at a minimum, include all areas where a Machias Savings Bank location is present. Grant funds are generally awarded in various denominations to several deserving applicants throughout our service area.

The total amount awarded will be $100,000 with a maximum award of $10,000.

Machias Savings Bank’s goal is to fund in our giving priorities of community wellness, youth and education and economic development projects that result in a satisfactory level of community development. An emphasis will be made on projects that will benefit low-to-moderate income individuals and/or families. Ideally, grant funds will be awarded to projects or services that: create or retain jobs, revitalize communities within our service area, help to provide affordable housing or other programs designed to assist low-to-moderate income individuals and/or families.

Deadline: 5/23/2025

Geographic Scope: Maine

Funding Ranges: up to $10,000

Apply here: https://www.machiassavings.bank/community-development-guidelines/

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