Bank slated to move into former Krispy Kreme shop

SACO — A bank is planning to move into the former Krispy Kreme building on Route One.

Briana Curran, spokeswoman for JPMorgan Chase, confirmed that a Chase branch is planned for 520 Main St. (Route One), where the former Krispy Kreme doughnut shop was located. The bank is expected to be open by early 2022, but an opening date has not been finalized, said Curran.

There are 4,700 Chase locations across the United States. Currently, there are no Chase branches in Maine. The first Maine branch is scheduled to open in Portland in June, followed by a branch in Westbrook later this year. The proposed Saco bank is one of three Chase banks planned to open in Maine in 2022. The other two will be in Yarmouth and Falmouth.

“Saco is an ideal place for Chase to grow and serve the financial needs of consumers and small businesses,” said Curran. “Maine aligns well with Chase’s New England strategy given its size and robust economy, and we are excited to continue growing and being part of the Saco community.”

The 520 Main St. location was home to Krispy Kreme from October 2017 to April 2020. The building has been vacant since the doughnut shop closed. A Burger King restaurant was in that location for many years prior to Krispy Kreme.

Publisher Liz Gotthelf can be reached at newsdesk@sacobaynews.com.