2015 News

Susan Giffard Leads Newly Renamed Treasury Management Department at Camden National Bank

Portland, Maine, November 23, 2015 – Camden National Bank is pleased to announce that Susan Giffard, senior vice president, director of treasury management and government banking, will lead the newly renamed department in its corporate and government treasury management business development efforts. Formerly known as Corporate Services, the new name better reflects the wide range of services the Bank offers larger business clients. Located in Portland, Camden and Bangor, the team will assist commercial, municipal and nonprofit customers with services and technology to improve cash flow, maximize investments and manage and control funds. Read More > 

Finance Authority of Maine Names Camden National Bank “Financial Institution of the Year”

Camden, Maine, November 23, 2015 — Based on its commitment to the community and volume of loans throughout the course of the year, Camden National Bank has been named “Financial Institution of the Year” by the Finance Authority of Maine (FAME). This marks the sixth year that Camden National has received the distinction out of the last seven. Camden National Bank was honored during FAME’s 16th annual “Showcase Maine” event, which took place in Portland on November 19th. Read More > 

Mark Stasium Joins Camden National Bank’s Commercial Real Estate Team in Portland

Portland, Maine, November 19, 2015 – Camden National Bank is pleased to welcome Mark Stasium to the position of senior vice president, commercial real estate lending officer in Portland. Stasium will serve the Portland area as well as customers throughout the state and will report to Steve Lawrence, senior vice president and director of the Commercial Real Estate Group at Camden National Bank. The Commercial Real Estate Group partners with clients in financing investment and development projects across northern New England and Massachusetts. Read More > 

Camden National Bank Names Nancy Tracy Senior Vice President, Retail Banking for Central and Western Maine

Waterville, Maine, November 16, 2015 –Camden National Bank is pleased to announce the promotion of Nancy Tracy to senior vice president, retail banking for central and western Maine. Based out of the Waterville banking center, Tracy will continue to report to June Parent, executive vice president, senior retail banking manager for Camden National Bank, and will oversee 19 branches from Greenville to Auburn. Read More > 

Camden National Bank Names Elliott Barry Senior Vice President, Commercial Banking Officer in Southern Maine

Portland, Maine, November 16, 2015 – Camden National Bank is pleased to announce the promotion of Elliott Barry to senior vice president, commercial banking officer in Portland. Barry will report to Ben Geci, senior vice president, director of commercial banking for the southern Maine region, and will continue to help develop strong relationships with businesses in southern Maine and provide unique solutions to their financing and banking needs. Read More > 

The Bank of Maine Charitable Foundation and Camden National Bank Recognize Five Nonprofit Leaders at 2015 Leaders & Luminaries Event

Portland, ME, November 13, 2015 – On Thursday, November 5th, Camden National Bank joined leaders and representatives from Maine’s nonprofit community for the 2015 Leaders & Luminaries luncheon. Held during the Maine Association of Nonprofits (MANP) Finance Conference at The Harraseeket Inn in Freeport, the annual awards ceremony recognizes and celebrates the impact of the state’s local nonprofits and the leaders who have dedicated themselves to helping their organizations achieve their goals. Read More > 

Jennifer Morin Joins Camden National Bank’s Commercial Lending Team in Bangor

Bangor, Maine, November 10, 2015 – Tim Nightingale, executive vice president and senior lending officer for Camden National Bank, is pleased to welcome Jennifer Morin to the position of vice president, commercial banking officer. Morin will serve the greater Bangor area and report to Steve Thomas, senior vice president and director of commercial banking for northern Maine. Read More > 

Camden National Bank Completes Acquisition of The Bank of Maine

CAMDEN, ME – October 19, 2015 – Camden National Corporation (NASDAQ: CAC), the parent company of Camden National Bank, announced today that it successfully completed its acquisition of SBM Financial, Inc., the parent company of The Bank of Maine on October 16, 2015. Read More > 

CNC & CNB Elect David Ott and Carl Soderberg as New Board Members

CAMDEN, Maine - October 14, 2015 - The board of directors of Camden National Corporation (NASDAQ®: CAC; "Company" or “Camden National”) and Camden National Bank, the Company’s wholly-owned subsidiary, are pleased to announce that David J. Ott and Carl J. Soderberg have been elected to serve as members of the board of directors. Read More > 

Camden National Bank Introduces New Logo and Brand

CAMDEN, ME – October 1, 2015 – Camden National Bank today unveiled a new logo and look that coincides with its upcoming merger with The Bank of Maine and reflects the joining of these two financial institutions. The newly designed logo and Camden National Bank’s well-known anchor symbol creates a new, modern look and feel that reflects the company’s growth and positions it for the future. The Bank’s upcoming merger with The Bank of Maine is scheduled to be complete on October 16th. Read More > 

Camden National Bank Donates $20,000 to Help Homeless in Maine

Camden, ME, August 10, 2015 – Within the first six months of the company’s Hope@Home initiative, Camden National Bank has donated a total of $20,000 to more than 30 homeless shelters across the state and has helped raise awareness around the issue of homelessness in Maine. Read More > 

Camden National and The Bank of Maine Receive Shareholder and Regulatory Approval for Merger

CAMDEN, Maine, July 27, 2015 -- Camden National Corporation (NASDAQ: CAC), the parent company of Camden National Bank (collectively referred to as "Camden National"), and SBM Financial, Inc., the parent company of The Bank of Maine (collectively referred to as “The Bank of Maine”) today jointly announced that the companies have received all shareholder and regulatory approvals for the merger of The Bank of Maine into Camden National, subject to the applicable waiting period under the federal banking law. The parties have agreed that the transaction will close on October 16, 2015. Read More > 

Camden National Corporation Reports A 12% Increase In First Quarter 2015 Core Operating Earnings

CAMDEN, Maine, April 28, 2015 – Camden National Corporation (NASDAQ: CAC; “Camden National” or the “Company”), a $2.8 billion bank holding company headquartered in Camden, Maine, reported net income for the first quarter of 2015 of $5.6 million and diluted earnings per share ("EPS") of $0.75. Read More > 

A Bank for Maine’s Future: The Bank of Maine to Merge into Camden National Bank

Camden, ME and Portland, ME., March 30, 2015 / -- Camden National Corporation (NASDAQ: CAC), the parent company of Camden National Bank (collectively referred to as "Camden National"), and SBM Financial, Inc., the parent company of The Bank of Maine (collectively referred to as “The Bank of Maine”) today announced the signing of a definitive agreement under which The Bank of Maine will merge into Camden National Bank creating Maine’s largest community bank. Read More >