Norway Savings Bank Donates $50,000 to the USM Foundation

The University of Southern Maine Foundation announced that it has received a $50,000 pledge from Norway Savings Bank, a leading mutual banking and financial services company headquartered in Norway, Maine. The Bank’s commitment represents a five-year sponsorship that will support the completion of the McGoldrick Center for Career & Student Success, now under construction on the University of Southern Maine (USM) Portland Campus and scheduled to open this coming September.

The McGoldrick Center Sponsorship Program offers employer partners like Norway Savings Bank exceptional visibility, brand recognition, and promotional opportunities in the center of USM’s Portland campus transformation. Norway Savings is sponsoring the Student Government Association Office, on the third floor of the new McGoldrick Center, where a plaque will designate the Bank as a “Founding Sponsor.” Sponsors enjoy a variety of benefits aimed at amplifying connections between employers and USM.

From left to right: Karen Hakala, Senior Vice President, Senior Marketing Officer: Melissa Rock, Vice President, Marketing & Communications Officer; Dan Walsh, Pres & CEO: Janice DeLima, Vice President, Community Reinvestment Officer

“The University of Southern Maine is an incredible resource for its students, staff, faculty, alumni and the community at large,” said Dan Walsh, Norway Savings Bank’s president and CEO.  “We’re pleased to assist with the construction of the McGoldrick Center, which will greatly benefit the USM community and greater Portland for years to come.” 

Ainsley Wallace, president and CEO of the University of Southern Maine Foundation, added, “Norway Savings Bank has been an important longtime partner to the University and we are very pleased that they will have a prominent presence when we open the new McGoldrick Center this fall. The Bank’s dedication to the growth and betterment of Maine communities aligns them perfectly with the Center’s goal of connecting our students to the business community in impactful, equitable, and mutually beneficial ways. We are deeply grateful for their partnership and their generous support.”

The new McGoldrick Center will serve as the Portland campus crossroads, where students, faculty, alumni, and employers can connect and collaborate. The Center’s second floor will be home to USM’s expanded Career & Employment Hub, where the employer community intersects with students in the academic community. The third floor of the Center is dedicated to cultivating student leadership opportunities and connections with spaces set aside for USM’s Student Government Association, Diversity Center, and more. 

With dining facilities, meeting and conference rooms, student activity rooms, and the expanded Career Hub, the Center is among the most environmentally sustainable buildings on USM’s transforming Portland campus. It is a three-story, 42,000 square-foot space that is sustainably designed to achieve LEED (Leadership in Energy & Environmental Design) Silver certification. It will overlook the new campus quad, named the “Bean Green,” and sits adjacent to Portland Commons, the first residence hall on USM’s Portland campus. 

About Norway Savings Bank. Founded in 1866, Norway Savings Bank is a leading mutual banking and financial services company headquartered in Norway, Maine. As of March 31, 2023, Norway Savings Bank had $1.831 billion in total assets. Norway Savings Bank has 24 branch locations and operates divisions in trust and investment services, personal banking and business banking. Norway Savings received the Best Place for Working Parents designation in 2022 and 2023, and was recognized with the “Best Wellness Employer – Gold Certification” for the fifth year in a row by Wellness Workdays. BauerFinancial has designated Norway Savings Bank the “Best of Bauer” for earning and maintaining its highest 5-star rating for 33 continuous years. For more information, visit