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Norway Savings Bank

Norway, ME · Est. 1866 · Website ↗
A
Trust Grade
Excellent
Score: 97/100

Norway Savings Bank is a bank based in Norway, Maine, established in 1866, with $2.1 billion in total assets across 25 branches. By Trust Grade it ranks 5th of 22 banks we track in Maine. Its capital ratio of 12.6% is stronger than 82% of similarly sized banks, versus a Maine median of 10.5%. It was profitable over the most recent period, with a 0.87% return on assets. No consumer complaints against Norway Savings Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets
$2.1B
$1B–10B institution
Deposits
$1.6B
Branches
25
Capital ratio
12.6%
Top 18% of $1B–10B peers · Maine median 10.5%
Return on assets
0.9%
Bottom 24% of $1B–10B peers · Maine median 0.88%
Rank in Maine
#5
of 22 banks

How Norway Savings Bank compares to Maine peers

Capital ratio
Top 18% of $1B–10B peers
Norway Savings
12.6%
Maine median
10.5%
Higher capital ratio = stronger financial cushion
Return on assets
Bottom 24% of $1B–10B peers
Norway Savings
0.9%
Maine median
0.9%
Higher ROA = more profitable relative to asset base

How we graded Norway Savings Bank

The Trust Grade blends financial strength with complaint history. Full methodology →

Financial strength
97/100
Customer experience
n/a
Overall
A · 97
  • Strongly capitalized (12.6% capital ratio)
  • Profitable (ROA 0.87%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

No CFPB complaints are on file for Norway Savings Bank over the analysis window. For a smaller institution this is common and counts in its favor.

Branch locations (25)

  • 83 Maine St, Brunswick, ME 04011
  • 261 Main St, Norway, ME 04268
  • 1200 Congress St, Portland, ME 04102
  • 14 Gurnet Rd, Brunswick, ME 04011
  • 8 Mallett Dr, Freeport, ME 04032
  • 1 Harrison Rd, Bridgton, ME 04009
  • 557 Main St, Fryeburg, ME 04037
  • 621 Roosevelt Trl, Naples, ME 04055
  • 7 High St, South Paris, ME 04281
  • 10 Franklin Dr, Windham, ME 04062
  • 1 Parkway, Bethel, ME 04217
  • 569 Main St, Saco, ME 04072
  • 47 Topsham Fair Mall Rd, Topsham, ME 04086
  • 120 Exchange St, Portland, ME 04101
  • 266 Us Route 1, Falmouth, ME 04105
  • 207 Waterman Dr, South Portland, ME 04106
  • 158 U.S. 1, Scarborough, ME 04074
  • 65 Main St, Gorham, ME 04038
  • 88 Ossipee Trl E, Standish, ME 04084
  • 688 Us Route 1, Yarmouth, ME 04096
  • 68 Portland Rd, Kennebunk, ME 04043
  • 31 Court St, Auburn, ME 04210
  • 446 Forest Ave, Portland, ME 04101
  • 1 Libby Hill Rd, Gray, ME 04039
  • 11 Commercial Dr., North Conway, NH 03860

Are deposits at Norway Savings Bank insured?

Yes. Norway Savings Bank is an FDIC-insured bank (FDIC certificate #17658). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.

Norway Savings Bank: frequently asked questions

Is Norway Savings Bank a good bank?

Norway Savings Bank earns a Bankzia Trust Grade of A (97/100, "Excellent"), based on a financial-strength score of 97/100 (it has no CFPB complaints on record). Strongly capitalized (12.6% capital ratio); Profitable (ROA 0.87%).

Is Norway Savings Bank FDIC-insured?

Yes. Norway Savings Bank is a FDIC-insured bank (FDIC certificate #17658). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.

How big is Norway Savings Bank?

Norway Savings Bank holds $2.1 billion in total assets, ranking 5th of 22 banks we track in Maine. It operates 25 branches.

Does Norway Savings Bank have CFPB complaints?

No CFPB complaints against Norway Savings Bank appear in our data over the analysis window, which is typical for a bank of this size.

Similar Banks

Kennebunk Savings Bank
bank · Kennebunk, ME · $2.1B assets
Kennebec Savings Bank
bank · Augusta, ME · $1.8B assets
Androscoggin Savings Bank
bank · Lewiston, ME · $1.8B assets
Machias Savings Bank
bank · Machias, ME · $2.6B assets
Bath Savings Institution
bank · Bath, ME · $1.5B assets
Saco & Biddeford Savings Institution
bank · Saco, ME · $1.5B assets

Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.

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