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  Office of the Governor
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March 4, 2002



          AUGUSTA – Gov. Angus King today announced that several banks from across Maine have contributed a substantial amount to support the fundraising activities of the Maine Learning Technology Initiative.

          The donations of over $95,000 will allow Maine to pursue an aggressive fundraising plan for the learning technology program with a goal of continuing the program and expanding it in future years to include high school teachers and students.

          In announcing the donation King said, “Banks have always served as one of the foundations of Maine’s communities and their officers and employees understand the importance of taking an active role in our towns and cities.  With their generous support of the Maine Learning Technology Initiative and its fundraising plan these banks are working with us to ensure that Maine’s students receive the best educational opportunities that we can offer.”

          “It should be no surprise that the Maine Bankers Association and its member banks have participated in this fundraising effort.  Helping Maine communities be the best they can be in an integral part of every Maine financial institution’s commitment to the communities they serve.  MBA members throughout the state are actively engaged in supporting a variety of school-based programs benefiting Maine students, who represent Maine’s future.  This program will provide technology and learning opportunities that will help Maine students be more successful as adults.  Maine, our state’s future economy, and our state’s ability to compete within the global economy, will benefit from the skills attained from this learning initiative,” said Joe Pietroski, President of the Maine Bankers Association.

          Mike Yandell, President of Gorham Savings Bank and Chairman of the Maine Association of Community Banks added, “Supporting the fundraising initiative of the MLTI means advanced technology education continues for middle school students for years to come.  As employers, parents and citizens we need to give our children every possible opportunity to utilize today’s technology.”

          Banks making contributions include: Peoples Heritage Bank, Bangor Savings Bank, Gardiner Savings, Saco & Biddeford Savings, Bath Savings, Kennebunk Savings, Camden National Bank, Androscoggin Savings, Norway Savings, Biddeford Savings, Mechanic Savings, Skowhegan Savings, Northeast Bank, Damariscotta Bank & Trust, Merrill Merchants Bank, Franklin Savings Bank, Machias Savings Bank, Sanford Institution for Savings, First National Bank of Damariscotta, Key Bank, United Kingfield Bank, Maine Bank & Trust, Fleet Bank of Maine, Ocean National Bank, Union Trust Company, Gorham Savings Bank, and Bar Harbor Banking & Trust.

Contact: Tony Sprague, 287-2531
             Joe Pietroski (Maine Bankers Association), 622-6131
            Chris Pinkham (Maine Assn. of Community Banks), 791-8401