Mascoma Bank - Banks

About Mascoma Bank

Mascoma Bank is a bank headquartered in Lebanon, New Hampshire, and has operated since 1899. It reports total assets of about $3.03 billion and total deposits of about $2.62 billion, and it has 26 branch offices. Its holding company is Mascoma Mutual Financial Services, and its primary regulator is the Federal Reserve. The bank is listed among banks in New Hampshire and appears in the Directory of US Banks. The bank describes itself as a Certified B Corporation, stating that it aims to benefit customers and communities as well as shareholders. Its lending products include mortgages, home equity lines and loans, personal loans, home improvement loans, and financing for solar and energy efficiency projects. A wholly owned subsidiary, Mascoma Community Development, LLC, offers products as a certified development entity. Mascoma reports charitable giving and community investment, including a $140,000 donation to arts programs. It also states that its community development subsidiary has been awarded $395 million in New Markets Tax Credits since 2014. The bank is BankOn certified by the Cities for Financial Empowerment Fund.

Key Facts

Total Assets

$3.03B

Total Deposits

$2.62B

Branch Offices

26

Established

1899

Holding Company

Mascoma Mutual Finl Services

Primary Regulator

FED