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Bangor Savings Bank

Bank
BaaSCard IssuingSponsor Bank

Bank tracked in the Embedded Finance Index. Named by 13 companies, most often as their banking-as-a-service.

bangorsavingsbank.com ↗Also analysed as a company — its own stack →
TypeBank
Used asBanking-as-a-Service, Sponsor bank, Card issuer
Rank#34 of 340 in BaaS
Buyers13 companies
HeadquartersBangor, Maine, USA
Founded1852

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How companies use Bangor Savings Bank

13 companies name Bangor Savings Bank in their stack. The most common role is banking-as-a-service (11). A company can use the same bank for more than one thing.

Banking-as-a-Service11
Sponsor bank10
Card issuer4
Background · from Bangor Savings Bank’s own dossier

Bangor Savings Bank is a 174-year-old Maine-chartered mutual community bank with ~$7B in assets and 69 branches across Maine and New Hampshire. Beyond traditional retail and commercial banking, it has quietly expanded into embedded finance — operating a Fintech Solutions unit that offers Banking-as-a-Service including debit card BIN sponsorship, transaction origination/clearing, digital account opening, and compliance frameworks for fintech partners. This positions Bangor alongside other community banks (Sutton, Piermont, Thread) as a sponsor bank in the US embedded finance stack, while it simultaneously modernizes its own core online banking and treasury management platforms in 2026.

Recent developments
  • 2026-07Bangor Savings Bank names Lannie Moffatt as next President and CEO. source ↗
  • 2026-06Announces board leadership transition. source ↗
  • 2026-09Launches new Bangor Online for Business and Personal platforms. source ↗
  • 2026-07Migrates from Treasury Online to Bangor Treasury Management. source ↗
Full dossier: Bangor Savings Bank’s own stack, layer by layer →
Who uses Bangor Savings Bank
13 companies disclose Bangor Savings Bank in their stack
Accrue SavingsKasheeshBest Friend FinanceCobaSolofundsRemodel HealthWurthyCrewCatchElevate PayZealMcArds+1 more
Buyer mix · 13 of 13 classified
Fintech / Consumer banking · 3Fintech / SMB banking · 3Fintech / Cross-border payments · 2Fintech / Lending · 2Fintech / Insurtech · 1Infrastructure / Payroll · 1Vertical SaaS / Healthcare · 1
US · 9LATAM · 1Africa · 1
What the disclosures say
Accrue Savings
“Mastercard card network confirmed in Accrue Savings Account Terms & Conditions PDF (card issued by Bangor Savings Bank pursuant to Mastercard license).”
Kasheesh
“Kasheesh card network shifted to Mastercard (issued by Bangor Savings Bank) per legal footer.”
Best Friend Finance
“bankingembedded.com lists Bangor Savings Bank as having Best Friend Finance as a customer — this is a TIER 1 known-customer listing indicating Bangor Savings Bank powers the banking infrastructure for Best Friend Finance.”
Coba
“bankingembedded.com known_customer_listings: Bangor Savings Bank publicly lists Coba as a customer.”
Solofunds
“solofunds.com/terms/ explicitly names Treasury Prime as a service provider. solofunds.com/bank/ and solofunds.com/privacy/ confirm 'Banking services provided by Bangor Savings Bank, Member FDIC' and 'The SoLo Funds Mastercard® Debit Card is issued by Bangor Savings Bank, Member FDIC, pursuant to license by Mastercard I…”
Wurthy
“bankingembedded.com/companies/wurthy lists Bangor Savings Bank as Wurthy's banking partner (TIER 1 known_customer_listing).”
The complete buyer list and each company’s full embedded-finance stack are in the Embedded Finance Index report. Represent Bangor Savings Bank? Claim this profile above to unlock your own full list.
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What Bangor Savings Bank runs on · from its own dossier
The third-party providers Bangor Savings Bank itself discloses, layer by layer — the vendor as a buyer. Distinct from the companies above that disclose Bangor Savings Bank.
PSP
Global PaymentsCloverToast
Card Network
MastercardVisa
Lending
Lendio
Insurance
New Hampshire Insurance CompanyAIG Warranty GuardSedgwick Claims Management Services
Treasury Management
CDARSICS
Full dossier with evidence for each layer →
Other banks in BaaS

Other banks named for BaaS in the index, by the number of companies that disclose them. A count of public disclosures, not a ranking of the products.

Evolve Bank & Trust71 buyers →Sutton Bank63 buyers →Cross River56 buyers →Pathward48 buyers →ClearBank39 buyers →Thread Bank35 buyers →Community Federal Savings Bank30 buyers →GBank27 buyers →
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Ranked #34 of 340 in BaaS — Embedded Finance Index 2026
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Bangor Savings Bank — frequently asked

Which companies use Bangor Savings Bank?

13 companies are linked to Bangor Savings Bank in the Embedded Finance Index 2026, through their own public disclosures or Bangor Savings Bank's published customer list, including Accrue Savings, Kasheesh, Best Friend Finance, Coba, Solofunds, Remodel Health, Wurthy, Crew, Catch, Elevate Pay and 2 others.

What do fintechs use Bangor Savings Bank for?

Bangor Savings Bank is a bank. Companies in the Embedded Finance Index 2026 name it as their banking-as-a-service (11), sponsor bank (10) and card issuer (4).

What are the alternatives to Bangor Savings Bank?

The most-named BaaS alternatives to Bangor Savings Bank are Evolve Bank & Trust (71 buyers), Sutton Bank (63 buyers), Cross River (56 buyers), Pathward (48 buyers), ClearBank (39 buyers) and Thread Bank (35 buyers).

Where is Bangor Savings Bank headquartered?

Bangor Savings Bank is founded in 1852 and headquartered in Bangor, Maine, USA.

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