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2017 News

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Camden National Bank Hits Milestone Donating Over $220,000 to Homeless Shelters

Camden, Maine, December 21, 2017 – Camden National Bank, Maine’s largest community bank, announces that in it has donated over $220,000 to nearly fifty homeless shelters in three states. In 2015, the bank launched the community-based, statewide hope@home program to drive more awareness of homelessness in Maine and to provide vital assistance to those in need. Through this initiative, for every home financed through Camden National Bank, $100 is donated to a homeless shelter in the community of the new homeowner.
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Pamela Starr joins Camden National Bank as Mortgage Loan Officer in New Hampshire

Camden, Maine, December 14, 2017 – Pamela Starr has joined Camden National Bank as a Mortgage Loan Officer. In her new role, Starr will be responsible for originating residential mortgages and working closely with customers in New Hampshire markets.
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Todd J. Zukowski named Vice President, Commercial Banking Officer at Camden National Bank

Camden, Maine, December 11, 2017 – Todd J. Zukowski has joined Camden National Bank as Vice President, Commercial Banking Officer in Southern Maine. In his new role, Zukowski will be responsible for actively managing existing customer relationships, as well as identify new opportunities for Camden National Bank to provide advice and solutions to help local businesses grow and prosper.
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Three of Maine’s Top Mentors Recognized for Guiding Entrepreneurs

Camden, ME, December 4, 2017 – Last week at the Maine Center for Entrepreneurial Development’s 20th Anniversary Celebration, sponsor Camden National Bank presented three awards in recognition of 2017 Top Gun mentors. Award winners included Bob Feldman, President of Virtual VP, Chris MacKenzie, EVP of Sales and Marketing for STARC Systems, and Adam Nyhan, attorney at Opticliff Law. Camden National Bank’s President & CEO, Greg Dufour, thanked the three distinguished mentors for their commitment to MCED, entrepreneurial success, and economic development in Maine.
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Finance Authority of Maine presents Camden National Bank with 2017 “Lender at Work for Maine Award”

Camden, ME, November 15, 2017 – The Finance Authority of Maine (FAME) presented Camden National Bank with the Lender at Work for Maine Award for lenders with over $1.5 billion in assets in 2017. This marks the 8th time that Camden National Bank has won the award, which recognizes the Bank’s commitment to supporting Maine businesses and jobs. The 2017 Awards were presented on November 14th during FAME’s annual Showcase Maine event at Holiday Inn by the Bay in Portland with keynote speaker Senator George Mitchell.
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Camden National Bank awards $22,000 to seven Maine nonprofits at 2017 Leaders & Luminaries Awards Luncheon

Camden, Maine, November 13, 2017 – On Thursday, November 9th, 2017, Camden National Bank presented awards and $22,000 in grants to seven Maine nonprofits at the annual Leaders & Luminaries Awards Luncheon. The Awards Luncheon took place during Maine Association of Nonprofits’ forum, “2017 Focus on Board Innovation: Transforming Governance through Shared Leadership.”
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Camden National Bank Launches Customer Experience Program “CamdenCircle”

Camden, Maine, November 08, 2017 – Camden National Bank recently announced the launch of a new customer experience initiative called CamdenCircle, aimed at continuously collecting and processing customer feedback in order to meet customers’ evolving needs. CamdenCircle brings to life the bank’s vision of providing simple, secure, and innovative banking products and services. As the CamdenCircle effort has developed, customer loyalty has increased significantly as measured through ongoing listening channels, including customer surveys and a newly launched feedback submission portal.
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Melanie T. Wendell named VP, Mortgage Loan Officer at Camden National Bank 

Camden, Maine, October 24, 2017 – Melanie T. Wendell has joined Camden National Bank as VP, Mortgage Loan Officer. In her new role in the Residential Mortgage Lending department, Melanie will serve York County, Maine and Southern New Hampshire with a focus on originating and managing residential mortgages.
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Kevin Boggs named Mortgage Loan Officer at Camden National Bank

Camden, Maine, October 24, 2017 - Camden National Bank announced that Kevin Boggs has joined the Residential Mortgage Lending department as Mortgage Loan Officer. In his new role, he is responsible for serving customers in Maine's Knox, Lincoln, and Waldo counties with a focus on originating and managing residential mortgages.
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Camden National Bank Strengthens its Commercial Banking and Names John C. Everett as Director of Commercial Banking, Southern Maine

Camden, Maine, October 19, 2017 - Camden National Bank celebrated the hard work and achievements of its employees at their annual all-employee event on September 19 at the Augusta Civic Center. They also announced that over $184,000 has been donated to local homeless shelters through their Hope@Home community giving program.
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Camden National Bank Celebrates Outstanding Employee Dedication and Hope@Home Milestone

Camden, Maine, October 10, 2017 – Camden National Bank celebrated the hard work and achievements of its employees at their annual all-employee event on September 19 at the Augusta Civic Center. They also announced that over $184,000 has been donated to local homeless shelters through their Hope@Home community giving program.
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Jennifer Mirabile Named Managing Director of Camden National Wealth Management 

Camden, Maine, October 03, 2017 – Jennifer Mirabile, CFP®, CWS® was recently named Managing Director of Camden National Wealth Management. In her new role, Mirabile will lead their team of nineteen professionals providing comprehensive wealth management, investment management, and trust services to individual and institutional clients in Maine and beyond. In addition, she will expand her team’s footprint and establish a new Camden National Wealth Management office in Camden, Maine.
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Camden National Bank Names Patricia Rose EVP of Retail and Mortgage Banking 
Camden, Maine, September 26, 2017 – Camden National Bank named Patricia “Trish” Rose as the new Executive Vice President of Retail and Mortgage Banking earlier this month. Rose joined Camden National Bank with over 30 years of experience in all areas of retail banking across several New England markets. She is responsible for retail and mortgage banking strategies, including the effective management of Camden National Bank’s 60 banking centers and continued cultivation of its community-based roots.

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Camden National Corporation Announces Board Retirements and Elections 

Camden, Maine, September 19, 2017 – The Board of Directors for Camden National Corporation (NASDAQ: CAC; “Camden National” or the “Company”), elected Lawrence “Larry” J. Sterrs to succeed Karen Stanley as Chair of the Company and Camden National Bank effective September 17, 2017. Stanley, who joined the Board of Directors in 2008 and became Chair in 2010, retired from the Board on September 17, 2017. John Holmes, who has served on the Board since 1988, retired on September 15, 2017, after 29 devoted years.
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Equifax Data Breach: What You Need to Know 
Equifax, one of the four major credit bureaus, reported on September 7, 2017, that they experienced a massive data breach. Equifax has indicated that hackers accessed people’s names, Social Security numbers, birth dates, addresses and, in some instances, driver’s license numbers. They also stole credit card numbers for about 209,000 people and dispute documents with personal identifying information for about 182,000 people.
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Camden National Corporation Reports a 6% Increase In Second Quarter 2017 Net Income Over Last Year 

CAC reported net income for the second quarter of 2017 of $10.2 million and diluted earnings per share ("EPS") of $0.66 per share, each representing an increase over the second quarter of 2016 of 6%.
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Camden National Bank to award $20,000 to Maine nonprofits through Leaders & Luminaries Awards

Camden, Maine, June 8, 2017 – Camden National Bank Camden National Bank announced this week they will award a total of $20,000 to five Maine-based nonprofits through their annual Leaders & Luminaries Awards. As part of this initiative, the Bank proudly recognizes the importance and impact of nonprofit board members who dedicate themselves to making their nonprofit organization stronger through strategic leadership. Since the inception of the program in 2011, $85,000 has been awarded to nonprofit organizations throughout the state of Maine.
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Camden National Bank Names Nicole Gogan to Treasury Management Team 

Camden, Maine, June 1, 2017 – Camden National Bank welcomes Nicole Gogan as Assistant Vice President, Treasury Management Sales Advisor & Government Banking to its growing treasury management team. Gogan will work with commercial, nonprofit and municipal clients located throughout the Bangor, Downeast and Midcoast Regions, providing guidance on cash flow management, reducing payment costs and creating anti-fraud plans with our suite of products.
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Camden National Bank awards LifeFlight $10,000 to support annual swim across Penobscot Bay 

Camden, Maine, May 2, 2017 – Camden National Bank announces $10,000 donation to LifeFlight of Maine’s annual summer fundraiser, Islesboro Crossing for LifeFlight . The open water swim across Penobscot Bay raises funds to support LifeFlight’s vision of providing critical care and medical transport to every person and every community across the state of Maine. 
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Craig N. Denekas of the Libra Foundation Joins Camden National Corporation’s Board of Directors 

Camden, Maine, May 1, 2017 – The Board of Directors of Camden National Corporation (NASDAQ®: CAC; “Company” or “Camden National”) today announced the appointment of Craig N. Denekas, Chairman and Chief Executive Officer of the Libra Foundation as an independent director of the firm, effective immediately.
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Tim Nightingale of Camden National Bank Confirmed by Legislature as FAME Board Member 

Camden, Maine, April 11, 2017 – Governor Paul LePage recently nominated and the Maine Legislature subsequently confirmed Tim Nightingale to the commercial lender seat on the Finance Authority of Maine (FAME) board of directors. With over 35 years of commercial banking industry experience, Nightingale currently serves as Executive Vice President & Senior Loan Officer at Camden National Bank.
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Camden National Bank launches 15 minute mortgage application called MortgageTouch 

Camden, Maine, April 4, 2017 – Camden National Bank announces MortgageTouch, a new, fast and secure digital mortgage application that makes home borrowing easier and more efficient than ever before, a first for a Maine-based bank. In as little as 15 minutes, a mortgage application can be completed with the touch of a fingertip which takes the complexity and paperwork out of the process. The new technology enhances the personalized service that Camden National Bank’s experienced mortgage specialists currently provide to customers.
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Camden National Bank Continues Southern Market Expansion with Addition of Victoria Gray as Commercial Banking Officer 

Camden, Maine, March 23, 2017 – Camden National Bank welcomes Victoria Gray as Vice President, Commercial Banking Officer to its growing commercial team. In her role, Gray will work with commercial clients located in the Seacoast Region of New Hampshire and the North Shore of Massachusetts, providing them with essential products and services needed to meet their financial goals and to achieve business growth.
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Camden National Bank Adds Talent to Central Maine Commercial Lending Team 

Camden, Maine, March 16, 2017 – Camden National Bank is pleased to announce the addition of Jean Claveau as Vice President, Commercial Banking Officer. Claveau comes to the Bank after working in commercial lending at both Bangor Savings Bank and Androscoggin Bank. Earlier in his career, Claveau served as Retail Production Manager at Camden National Bank’s office in Rockport.
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Camden National Bank Donates Over $10,000 for High School Students to Support Teams in State Championships 

Camden, Maine, March 13, 2017 – As a community bank with locations across the state of Maine, giving back to local communities within our footprint is important to us. What better way to support the areas we serve than to take part in hometown high school sports that promote wellness, school spirit and community.
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Camden National Bank Names David C. Peterson Commercial Banking Officer 

Camden, Maine, February 21, 2017 -  Camden National Bank announced today that David C. Peterson has joined as Senior Vice President, Commercial Banking Officer out of the Manchester, N.H. office. In this new position, Peterson will be responsible for commercial business development in New Hampshire and the northern region of Massachusetts.
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Camden Financial Consultants Welcomes Carl D. Marsh to Southern Maine Team

Camden, Maine, February 21, 2017 -  Carl D. Marsh has joined Camden Financial Consultants, as Assistant Vice President, Financial Consultant. Camden Financial Consultants is located at Camden National Bank and offers access to full-service investment and insurance services. Based in the Southern Maine area, Marsh will be assisting clients with their current and future financial needs, such as retirement planning, investing and estate planning.
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Camden National Bank Announces Bangor and Downeast Leadership

Camden, Maine, February 21, 2017 -  Camden National Bank is pleased to announce new leaders of the Bank’s Bangor Commercial group and Downeast Retail group. James Adsit has joined the Bank as Senior Vice President & Director of Commercial Banking for the Bangor and Downeast Regions. In this position, he will lead a commercial banking team providing financing and cash management solutions to businesses and commercial customers throughout the region.
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Camden National Corporation Second Quarter Earnings Report 

Camden, Maine, January 31, 2017 -  Camden National Corporation a $3.9 billion bank holding company headquartered in Camden, Maine, reported net income for the fourth quarter of 2016 of $10.9 million and diluted earnings per share ("EPS") 1 of $0.70 per share, which was consistent with the previous quarter's performance.
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Camden National Bank Sponsors $2,250,000 in Subsidies for Three Affordable Housing Initiatives 

Camden, Maine, January 19, 2017 –The Federal Home Loan Bank of Boston announced in December that it would distribute $17.5 million in subsidies to finance 13 affordable housing initiatives throughout the state of Maine. Camden National Bank was recently awarded direct subsidy funding for three of the 13 initiatives, which will provide nonprofit organizations with a total of $2,250,000 to develop or renovate affordable housing throughout the state, representing 84 units.
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Camden National Corporation Names Lawrence Sterrs as Vice Chair of the Board of Directors
Acadia Trust, N.A. Combination

Camden, Maine - January 10, 2017 – The board of directors of Camden National Corporation (NASDAQ®: CAC; “Company” or “Camden National”) announced that Lawrence (Larry) J. Sterrs has been named Vice Chair of the board of directors. Sterrs was elected to the Company’s board of directors in January 2015 and serves as a member of both the Compensation and Technology committees. He also recently became a member and Vice Chair of the board of directors for Camden National Bank, the Company’s wholly-owned subsidiary.
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