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The Banks most important objectives are to maintain the external stability of the Netherlands Antillean guilder (NAf.) and to promote the efficient functioning of the financial system in the Countries Curacao and St. Maarten. To realize these objectives, the Bank, as the supervisory authority, has frequently recurred to credit control measures and/or to change the discount rate. The functions of the Bank, explicitly summed up in the Bank Charter, are; First, the Bank is the only institution entitled by law to issue paper money in the Countries Curacao and St. Maarten. The Bank also is charged with the circulation of coins. Second, the Bank supervises banking and credit institutions to guarantee depositors and other creditors funds at banking and credit institutions in particular and the soundness of the financial sector in general. Third, the Bank manages the foreign exchange reserves of the Netherlands Antilles, which includes regulating of the transfer of payments between residents and nonresidents of the Countries Curacao and St. Maarten. Finally, the Bank acts as the governments treasurer by receiving and making payments from and to the public through the tax collectors accounts at the Central Bank.
We are a community bank focused on doing whats best for our customers -- whether its providing a new service that works for more people, or taking the time to ask what more we can do to help. We offer every convenience for banking off-site or on-line, but never, ever compromise on personal attention. And proud as we are of our history dating back to 1868, our sights are firmly -- and optimistically -- set on whats ahead. Gorham Savings Bank is dedicated to improving the economic and social well-being of our customers and the communities we serve and committed to be the leading financial service provider in creating economic growth, prosperity, and financial security for the citizens and communities of Southern Maine by: • Developing and delivering quality products and services to our customers. • Establishing a workplace environment that attracts and retains highly motivated, high performing employees. • Achieving sound financial results which will allow us to reinvest in our company and in our communities in a meaningful and sustainable manner. Member FDIC - Equal Housing Lender
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