Explore the Why Bangor Savings section for information on the.
Welcome to the Bangor Savings Bank website. Supporting our neighbors through corporate funding, grant-making, volunteerism, and creative community partnerships is one of our core values. Heat pump COP is 2.7 and has 100% distribution efficiency.Bangor Savings Bank has been investing in the communities in which we work and live since 1852. Electricity at $0.26/kWh without a heat pump, and at $0.23/kWh with a heat pump. Oil at $3.54/gallon, 87% combustion efficiency, and 90% distribution efficiency. Source: Efficiency Maine Compare Home Heating Costs as of.