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Gift of Securities

There are distinct income tax advantages of giving securities over cash, and the benefits are twofold: you will receive a deduction for the fair market value of the stock (up to 30% of your adjusted gross income), and capital gains taxes do not apply. Charitable gifts of appreciated securities make sense now more than ever.

Securities Delivery & Wire Transfer Instructions

SECURITIES:

PLEASE request that your broker/bank share the details of the transfer (how many shares and of what) with Amy Lawrence at Bangor Savings Bank prior to initiating a transfer of securities. Amy can be reached at 207.879.9926 or Amy.Lawrence@Bangor.com.

DTC Eligible Securities (Stock)
Participant ID (DTC #): 2663
Bangor Savings Bank A/C: 78914
Client Name: Maine Public Broadcasting
Client A/C#: 140010

Federal Eligible Securities (Bonds)
ABA: 042000013
FRB Name: U.S. Bank N.A. Trust
Third Party: 1050/Trust
For SEI Account: 001050985491
For Further Credit: Bangor Savings Bank 90440F
FFC: Maine Public Broadcasting #140010

Mutual Funds
Prior to initiating mutual fund transfers, please email name of fund, CUSIP, and approximate amount to Bangor Savings Bank, relationshipsupportteam@bangor.com. They will provide instructions specific to that individual fund. Depending on the fund, this can take several business days.

WIRE TRANSFER and ACH:

Bank Domestic Transfers In USD
Bank Name: Bangor Savings Bank
City, State, Country: Bangor, ME USA
Bank Routing/ABA: 211274382
Beneficiary Account: 2010038801

For International Wires in USD
BIC/SWIFT: BSMEUS33

Beneficiary Details
Beneficiary Name: Maine Public Broadcasting Corp
Beneficiary Address: 1450 Lisbon St, Lewiston, ME 04240

For additional information, please contact:
Scott Marchildon
Chief Development Officer
207-330-4510
smarchildon@mainepublic.org

This information is for informational purposes only and should not be construed as tax or legal advice. Maine Public does not offer financial advice. We recommend reviewing any gift plan with your personal advisors.