Tag Archives: Machias Savings Bank

Local banks give to lobster group

The Maine Lobstermen’s Association is getting a significant boost from two local banks to help fishermen on land and at sea. The funds come at a time when the MLA is working to represent the state’s lobster fishermen in a years-long legal battle with the federal government over its whale protection plan. Bar Harbor Bank & Trust, which has been in business for more than 135 years, and Machias Savings Bank, with 15 locations including Ellsworth and Bar Harbor, separately donated sums totaling more than a half million dollars to the nonprofit, fishery-focused organization during the last week. For the Maine Lobstermen’s Association, those donations, $325,000 from BHBT and $250,000 from MSB, represent the largest one-time donations that the association has received. >click to read< 08:11

Giving to Maine Lobstermen’s Association Legal Defense Fund will mitigate the impact of right-whale rules and protect thousands of other businesses.

The Maine lobster industry is the backbone of our coastal communities from Portland to Eastport. Machias Savings Bank has been one of Maine’s leading sources of financing for this industry for decades and we understand that as the industry ebbs and flows, so do the economies of Maine’s coastal communities.,, According to data collected by the National Marine Fisheries Service, no right whale deaths or serious injuries have ever been documented in Maine lobster gear.,, I ask the people of Maine to stand with me in supporting the industry that has buoyed Maine’s economy for decades., by Larry Barker, >click to read< 11:22:31