Machias Savings Bank Announces Changes to Princeton and Danforth Branch Locations

For Immediate Release

Machias Savings Bank Announces Changes to Princeton and Danforth Branch Locations

November 12, 2026: Machias Savings Bank announced today that it intends to permanently close its Princeton and Danforth branch locations at the close of business on Friday, February 12, 2027 .

The decision comes as banking preferences continue to evolve and Machias Savings Bank considers how best to serve customers while investing in the products, technology, and personalized support they value.

"Our relationships in Princeton and Danforth were built one customer at a time over the years, and that history means a great deal to everyone at Machias Savings Bank," said Larry Barker, President and CEO. "A branch is a building, but our relationships are with people. Those relationships will continue, with familiar faces, the same accounts and the same commitment to helping our customers move forward."

Following the Princeton closure, customer accounts will be automatically transferred to Machias Savings Bank's Calais branch at 210 North Street. Princeton branch customers may continue to see familiar team members at the nearby Calais location.

Following the Danforth closure, customer accounts will be automatically transferred to either the Houlton branch at 138 North Street or the Lincoln branch at 6 Penobscot Valley Avenue. Danforth branch customers may also see familiar team members at the Houlton and Lincoln locations.

Customers do not need to take action as a result of the closures. Their accounts will remain the same, and service will not be interrupted.

"Today, customers can bank online and by phone, and convenience extends beyond a physical branch location," said Barker. "Our customers increasingly expect a mix of physical and digital options that allow them to bank when and where it's convenient for them. These changes will allow us to continue investing in a unified banking experience while operating as efficiently as possible."

Customers with questions can contact Machias Savings Bank at 1-866-416-9302.

About Machias Savings Bank
With over $2.6 billion in assets, nearly 300 employees, and 16 locations from Caribou, Maine to Manchester, New Hampshire, Machias Savings Bank seeks to move Maine forward through financial health, one person, one business and one community at a time. Founded in 1869 and a leader in customer experience and community, Machias works to expand its impact beyond products and services through community donations, its employee volunteer program, and by personalizing each customer relationship to help Maine businesses and individuals find their "YES!" More details about Machias Savings Bank can be found online at machiassavings.bank. Member FDIC.