Andrew C. Perry, President & CEO of First Federal Savings, discusses the core values and lending principles that have remained steadfast for over 75 years.

First Federal Savings and Loan Association of Bath awarded $1,000 scholarships each to four local Maine high school seniors pursuing higher education: Shangfeng Pan, Lincoln Academy; Christopher Groneng, Boothbay Region High School; Kayla Gordon, Wiscasset High School; and Thomas Brown, Morse High School. We wish them all great success!

That means we take in deposits from local people and businesses, and we loan that money out to local people and businesses. In fact, we are the only bank in midcoast Maine that still holds all of our own residential mortgages. The money stays here, and that’s how we help our communities grow. It’s been