Invest in Bangor, ME
Earn tax-exempt income* while investing in Bangor
You can invest in a diverse set of projects in Bangor by buying municipal bonds through Neighborly. Bonds support projects ranging from schools and parks to bridges and highways, all critical to the development of communities and the state.
Past projects funded by Bangor bonds
Bond funding has been key in developing a state-of-the-art trash disposal facility in Hampden that will recover a large portion of recyclable materials thrown into regular trash. The waste that cannot be recycled will be put through a process that can convert it to ethanol or other biofuels. The Hampden plant is the first of its kind, and is expected to reduce greenhouse gas emissions by 80% compared to petroleum-based fuels.
Cross Insurance Center
The Cross Insurance Center is a 8,500-seat arena for concerts and sporting events, and bond funding helped make it possible. And thanks to revenue by a nearby racino, the cost of building the arena didn't come out of taxpayer pockets, and has drawn a number of notable musical acts, as well as the Maine Black Bears basketball teams.
Bangor Public Library Roof
In 2013, the roof of the Bangor Public Library was sagging three inches and badly leaking, threatening parts of the library collection. Voters approved a bond to replace the building's 100-year-old copper roof, to prevent any further damage to the interior.
*Bonds will only be offered through Neighborly Securities, member FINRA, SIPC & registered with MSRB, pursuant to a preliminary official statement to be made available during the offering period. This information does not constitute an offer to sell or the solicitation of an offer to buy any securities. You will be responsible for making your own independent investigation and appraisal of the risks, benefits and suitability of any securities to be offered and neither the City of Bangor nor Neighborly Securities is making any recommendation or giving any investment advice.