SUBSIDIARIES OF REGISTRANT         
June 30 , 1995           
               



                                                              Year Percentage
                                  Jurisdiction     Acquired       of Voting
Name of Subsidiary              of Incorporation   or Formed   Securities Owned
__________________              ________________   _________   ________________
                                                                  

ASI Data Services Inc.               Maine           1993            100%
                                                                              
Bethel Savings Bank, FSB             Maine           1987            100%
(and its 100% owned                                                            
subsidiary, Bethel Service                                                     
Corp. and 62.5% owned                                                          
second tier subsidiary, First                                                
New England Benefits, Inc.)                                                 
                                                                               
Brunswick Federal Savings, F. A.     Maine           1990            100%
(and its 100% owned subsidiary,                                               
Brunswick Service Corporation)