Maine Bankers Association
- Company typePrivate
- Founded1893
- HeadquartersWestbrook, United States
- Headcount5,001–10,000
- GTM typeB2B
- OfferingServices
Maine Bankers Association firmographics
Firmographics- Name
- Maine Bankers Association
- Legal name
- Maine Bankers Association
- Website
- https://mainebankers.com
- Company type
- Private
- Founded year
- 1893
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Ownership category
- akta.pro rank
Maine Bankers Association industry classification
Industry- Product category
- Banking Industry Association
- NAICS
- Professional Organizations (813920)
- SIC
- Services-Membership Organizations (8600)
- akta.pro primary industry
- Federations/Centrals & Cooperative Banking Networks (2nd-Tier Co-ops) (FSABAEAL)
Keywords
Where Maine Bankers Association is headquartered
LocationHeadquarters
- HQ city
- Westbrook
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Maine Bankers Association business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Membership Dues: Association represents 29-34 member banks and trust companies that pay membership dues for advocacy, education, and collective purchasing benefits
- Event and Webinar Fees: Registration fees for conferences, seminars, and webinars including Annual Convention, Bank Expo, CEO Summit, and educational programs. Live webinars at $255 for members, $355 for non-members; bundles available at $360/$460.
- Insurance Programs: The Association offers employee benefit programs, mortgage insurance, lender-placed insurance, and other banking insurance products through group purchasing arrangements
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Per session | Live Webinar - Members |
| Subscription | Per session | Live Webinar - Non-Members |
| Hybrid | Per session | Bundle (Live + On-Demand) - Members |
| Hybrid | Per session | Bundle (Live + On-Demand) - Non-Members |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels7 records
Maine Bankers Association product offering
Product offeringCore offering
Maine Bankers Association is a non-profit state trade association that represents 29 member banks operating 436 offices across Maine. It delivers legislative and regulatory advocacy in Augusta and Washington D.C., professional education through banking schools, webinars, and conferences, group insurance programs for member banks and their employees, regulatory compliance assistance, fraud-prevention resources, and a vendor partner program that provides group purchasing access to banking products and services.
Product overview
Maine Bankers Association is a state banking industry trade association (not a product company) that provides advocacy, education, and resources to safeguard and advance the interests of its member banks. The association operates various member services including the E-Brief weekly newsletter, insurance programs for banks and employees, the HEAF scholarship program, fraud prevention resources (Senior$afe, Fraud in a Box), a Bank Partners vendor program, and Corporation for American Banking (CAB) access. The association organizes events and education including conferences, webinars, and banking schools. With 29-34 member banks operating 436+ offices and over $44 billion in assets, the association does not offer a unified software product but rather services and programs for Maine's banking industry.
Differentiator
Problem solved
Functional benefit
Products and services
- Insurance Products for Banks and Employees
Quantifiable outcome
- Maine banks prevent over $46 million in annual fraud attempts against customers
- +2 more outcomes
Companies that use Maine Bankers Association
Customer profileNamed customers11 records
Segments3 records
Ideal customer profiles2 records
Maine Bankers Association technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Maine Bankers Association partnerships and signals
Strategic signalPartnerships
13 partnerships are on record, tiered core and minor.
- StablecorecoreStrategic partnership making Stablecore the preferred technology provider for Maine Bankers Association member banks to offer stablecoin accounts, digital asset accounts with on/off ramps, tokenized deposits, digital asset-collateralized lending, and staking rewards. Stablecore enables Maine banks to integrate digital asset services without changing existing technology infrastructure.
- ABA (American Bankers Association)coreProud members of ABA; MBA offers ABA-published continuing education content and training programs including certificates, self-paced courses, and facilitated training in compliance, cybersecurity, lending, and other banking topics.
- ICBA (Independent Community Bankers of America)coreProud members of ICBA; MBA offers ICBA Solutions products and services including CRA Solutions, Payments, Securities, and TCM Bank credit card services.
- ICBA CRA SolutionsminorProvides CRA Education & Training, CRA Support Services, CRA Collaborative Peer Group, and CRA qualified loans, investments, and grants. Has helped banks earn meaningful CRA credit through elder financial abuse prevention programs.
- ICBA SecuritiesminorProvides full suite of fixed income products for community banks through exclusively endorsed broker dealer The Baker Group, along with educational events for bankers and investment professionals.
- TCM BankminorProvides credit card services along with portfolio acquisition and agent bank sponsorship for community banks nationwide.
- ABA Insurance ServicesminorProvides D&O, bond, and related coverage to community banks in Maine and across the country; P&C insurance now available.
- KeyState CompaniesminorManages tax advantaged investment and insurance structures for over 140 banks. KeyState Captive Management is the largest provider of captive management services to community banks in the country.
- Compliance AllianceminorTrusted compliance partner for banks of all sizes with resources and knowledge to help with regulatory compliance week after week.
- BankTalentHQminorTalent management site for financial industry careers, brought to Maine banks through alliance of state banking associations.
- S&P Global Market IntelligenceminorIntegrates financial and industry data, research and news into tools that help banks track performance, identify investment ideas, understand competitive and industry dynamics, perform valuation and assess credit risk.
- Pearl MeyerminorExecutive compensation consulting with a specialty in the banking industry. Also offers extensive portfolio of Salary and Benefits Surveys.
- ODP Business SolutionsminorProvides discounts on wide range of office and banking supplies, cleaning supplies, furniture, break room provisions, print solutions and promotional products to MBA members.
Scale indicators7 records
Recent moves6 records
Expansion highlights5 records
Maine Bankers Association competitors and assessment
Company assessmentBroad incumbents
- New York Bankers Association: Larger state-level banking trade association with comparable advocacy and education mandate. Operates a broader member base and deeper staff resources, making it a useful scale benchmark for Maine Bankers Association.
- American Bankers Association (ABA): National banking trade association whose content, training, and insurance services MBA distributes to Maine members. Larger incumbent with overlapping education, advocacy, and Bank Partners-style affiliate offerings.
- Independent Community Bankers of America (ICBA): National trade association for community banks and a strategic partner of MBA. Broader incumbent that delivers overlapping services (advocacy, education, ICBA Solutions, securities, compliance) at national scale, partially subsuming the value state associations provide.
- Pennsylvania Bankers Association: Mid-Atlantic state banking trade association with parallel association services including education, compliance, and government relations. Comparable organizational structure with deeper resources than MBA.
Direct peers
- Massachusetts Bankers Association: Direct peer state-level banking trade association serving member banks in Massachusetts. Closely comparable in structure, revenue model (dues + events + insurance), and member services to Maine Bankers Association.
- Connecticut Bankers Association: Direct peer state banking trade association serving Connecticut banks. Comparable membership, advocacy, and education mandate; adjacent geography in the same New England region.
- Vermont Bankers Association: Direct peer New England state banking trade association serving Vermont's community banks. Similar size, member-bank mix, and service offering to Maine Bankers Association.
- New Hampshire Bankers Association: Direct peer New England state banking trade association with similar advocacy, education, and compliance mandate. Comparable scale and membership model focused on community banks in a neighboring state.
Others
- Bankers Association for Finance and Trade (BAFT): Industry association focused on transaction banking, trade finance, and payments, operating under the ABA umbrella. Thematically related to banking trade associations but covers a specialized sub-vertical rather than directly competing with state-level associations.
- Conference of State Bank Supervisors (CSBS): National umbrella organization of state banking regulators with which MBA interacts on legislative and regulatory matters. Adjacent ecosystem participant rather than a direct competitor, but shapes the regulatory environment in which MBA operates.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Maine Bankers Association social profiles
Digital presenceMaine Bankers Association financial estimates
Financial estimateRevenue estimate
Valuation estimate
Maine Bankers Association leadership team
Management profileNumber of profiles
Profiles11 records
Maine Bankers Association funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Maine Bankers Association M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Maine Bankers Association
What does Maine Bankers Association do?
Maine Bankers Association is a non-profit state trade association that represents 29 member banks operating 436 offices across Maine. It delivers legislative and regulatory advocacy in Augusta and Washington D.C., professional education through banking schools, webinars, and conferences, group insurance programs for member banks and their employees, regulatory compliance assistance, fraud-prevention resources, and a vendor partner program that provides group purchasing access to banking products and services.
Is Maine Bankers Association a public or private company?
Maine Bankers Association is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Maine Bankers Association founded?
Maine Bankers Association was founded in 1893. It employs 5,001 to 10,000 people.
Where is Maine Bankers Association based?
Maine Bankers Association is headquartered in Westbrook, United States, in the North America region.
How does Maine Bankers Association make money?
Three revenue lines are on record. Membership Dues are the primary driver. The others are event and Webinar Fees and insurance Programs.
Who are Maine Bankers Association's main competitors?
Broad incumbents on record are New York Bankers Association, American Bankers Association (ABA), Independent Community Bankers of America (ICBA) and Pennsylvania Bankers Association. Direct peers are Massachusetts Bankers Association, Connecticut Bankers Association, Vermont Bankers Association and New Hampshire Bankers Association. Others are Bankers Association for Finance and Trade (BAFT) and Conference of State Bank Supervisors (CSBS).
Does Maine Bankers Association have an API?
No public API is recorded for Maine Bankers Association.
What industry is Maine Bankers Association in?
Maine Bankers Association's product category is Banking Industry Association. Its primary akta.pro industry code is FSABAEAL, Federations/Centrals & Cooperative Banking Networks (2nd-Tier Co-ops). Its NAICS code is 813920 and its SIC code is 8600.