News Archive - Bank of America Donates Hutchinson Center to University of Maine
Bank of America announced the donation of the Fred Hutchinson Center, located on Route 3 in Belfast, to the University of Maine System. The building and grounds are assessed by the City of Belfast at $3.3 million.
The center, named for Dr. Fred Hutchinson, president of the University of Maine from 1992 to 1997, measures 19,500 square feet and is situated on a 12- acre lot. It contains eight class and seminar rooms, a 105-seat auditorium, a large atrium and a kitchen. MBNA Corporation, which merged with Bank of America earlier this year, constructed the facility in 2000.
“Bank of America is a strong supporter of higher education here in Maine and throughout the country,” said Elizabeth T. Greenstein, president, Bank of America Maine. “This gift is another affirmation of the strong relationship between Bank of America, the University and the community. We are pleased this facility will continue to provide nontraditional students and faculty with a top-notch learning environment in which to thrive.”
Since the center opened in 2000, it has served more than 5,000 students, 95 percent of whom are over 21 years of age and take classes at night or on the weekends. The university has awarded more than 40 MBA degrees through the center to date. In addition, the center’s “senior college,” serving students over 50 years of age, is the second largest in the state.
“We are extremely grateful to Bank of America for this extraordinary gift,” said Robert Kennedy, president, University of Maine. “Bank of America’s generosity will allow the University of Maine to continue offering educational and outreach programming at this wonderful facility. The Hutchinson Center is a vital part of our university and we look forward to continuing the great tradition started in Belfast six years ago.”
In addition to offering more than 200 undergraduate and graduate courses each semester, the center has grown to become the largest conference facility in midcoast Maine and is in use nearly every day of the year.
“Bank of America has been a wonderful partner for the state of Maine,” said Governor John Baldacci. “The University of Maine System and the entire state of Maine will benefit from this very generous gift and I would like to personally extend my gratitude towards Bank of America for it.”