Making a difference in Maine’s communities for over 50 years

The Maine Municipal Bond Bank is pleased to welcome Joshua Steirman as its new Executive Director. Josh joined MMBB on July 13, succeeding Terry Hayes, who is retiring after 6½ years of dedicated leadership and service to the organization. Josh brings more than 15 years of experience in banking, finance, and leadership to the Bond Bank. His career includes leadership roles with the Maine Bankers Association, Gorham Savings Bank, and the Federal Reserve Bank of Boston, providing him with a broad perspective on Maine’s financial community and the institutions that support it. In addition to his professional experience, Josh is actively involved in public and community service. He serves on several nonprofit boards and is currently Chair of The Opportunity Alliance, Cumberland County’s community action agency. A veteran of the Afghanistan conflict, Josh continues his military service as an officer in the Maine Army National Guard. Josh is a graduate of the University of Richmond and earned both his MBA and Juris Doctor degrees from the University of Miami. As Executive Director of the Maine Municipal Bond Bank, Josh will also serve concurrently as Executive Director of the Maine Health and Higher Educational Facilities Authority and the Maine Governmental Facilities Authority. “I am very excited to join the Maine Municipal Bond Bank. We have an outstanding team, and it is an honor to carry forward the momentum and mission together.” — Joshua Steirman, Executive Director We are excited to welcome Josh to MMBB and look forward to this next chapter of leadership as we continue our mission of supporting Maine communities and public institutions. Read full press release here.    

Do you have a high interest rate loan not with the Bond Bank you would like to refinance for a lower rate?  Contact us!  We would love to help!

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If you are interested in participating in our Fall Bond Issue, please reach out to Toni Reed. Fall sale schedule now available! Need an estimate? Click here

S&P Global affirms AA+/stable long-term rating. See full report here. Moody’s affirms MMBB to Aa1 stable rating. See full report here.

Maine PowerOptions programs have officially transitioned to PowerOptions, a long-time peer organization serving Massachusetts, Connecticut, Rhode Island and now Maine! If you were a Maine PowerOptions member, you're already part of the PowerOptions family, now with access to our full-suite of programs and tools, including competitive energy procurement, solar, EV charging, decarbonization planning, and our Energy Intelligence Suite. We're excited to bring you even greater resources and support. Visit poweroptions.org to get started, or reach out to us directly at aboyd@poweroptions.org.