Outstanding Lender Award Recipent Downeast Mortgage Corporation

Outstanding Lender Award Recipient Franklin Savings Bank

Outstanding Lender Award Recipient Machias Savings Bank

Dale McCormick, State Director of Maine State Housing Authority

Dale Holmes, Housing Programs Director, USDA Rural Development

Judy Gengler, Area Specialist, USDA Rural Development

Kathi Cross and Heather MacConnell of USDA Rural Development

Outstanding Lender: Largest Volume of Loans Award Recipient, Wells Fargo

Rural Development Maine Lender of the Year recipient Bangor Savings Bank

Rural Development State Director Michael W. Aube, and MSHA State Director Dale McCormick

USDA Rural Development State Director Michael W. Aube

Michael W. Grondin, Business Programs Director, USDA Rural Development

Penny Gamache, Kathi Cross, and Heather MacConnell, USDA Rural Development

Robert Cross, Area Specialist, USDA Rural Development

Roger Glendenning, Director, Guaranteed Single Family Housing Program,Washington DC; Michael W. Aube, State Director Rural Development

Roger Glendenning, Director, Guaranteed Single Family Housing Program, Rural Development offices in Washington DC

Debora Berry, Area Specialist, USDA Rural Development

Veronica Iannetta, Area Specialist, USDA Rural Development

Downeast Mortgage Corporation has been an approved lender since March 2000, and has originated a total of 116 loans. Downeast started as a construction lending company and now offers a full range of mortgage services throughout New England. They are committed to serving the needs of local communities.

Franklin Savings Bank has been an approved lender since April 1992 and originated a total of 288 loans. Franklin Savings Bank has been a dedicated community lender serving the people of Franklin and Oxford Counties.

Machias Savings Bank has been an approved lender since September of 1991. They were one of only two lenders who helped to establish the Guaranteed Single Family Housing Program in Maine. Machias Savings Bank has originated 307 loans in the Guranteed Housing Program.

Wells Fargo Bank, N.A., became an approved lender in March 2000. They have originated over 800 Guaranteed Single Family Housing Loans since 2000. In fiscal year 2004, they originated 115 loans, which represents nearly 25 percent of Rural Developments Guaranteed Single Family Housing Program Loan volume for the year. Rural Development appreciates their dedication to Maine families.

Bangor Savings Bank has been an active participant in the Guaranteed Single Family Housing Program since March 1992 and has originated over 500 Guaranteed Single Family Housing Loans from 1992 to 2004. They were second in loan originations in fiscal year 2004, making approximately 13 percent of Rural Developments Guaranteed Single Family Housing Guaranteed Loans. They have consistently maintained a low delinquency, and have a 0 first year delinquency. Bangor Savings Babk has participated in Rural Development's programs statewide, and handle the servicing for a substantial portion of our active Guaranteed Single Family Housing Program caseload.

Rural Development applauds their commitment to quality and their dedication to making homeownership available to more Maine families