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News and Updates

Camden National Bank now accepting nominations for 2020 Leaders & Luminaries Awards, shining a light on outstanding nonprofit board service

Camden, Maine, July 24, 2020 – Camden National Bank announced that it is now accepting nominations for the 2020 Leaders & Luminaries Awards, a program which started in 2011 to celebrate the importance and impact of effective nonprofit board service. Between now and September 14, the bank is seeking nominations for passionate board directors who have been invaluable to the short- and long-term sustainability of their organizations. The bank will select and present four individuals with awards and $20,000 in total grants to their respective organizations.
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Camden National Bank helps grassroots domestic violence awareness campaign go statewide with a $17,500 donation

Camden, Maine, July 15, 2020 – Camden National Bank announced it has given more than $17,500 to Finding Our Voices (FOV), a new nonprofit with a mission to break the silence of intimate partner abuse, town by town, conversation by conversation, all over Maine. The funding helps FOV expand a bold “Let’s talk about it” window banner campaign, which sheds light on the faces and stories of 30 (and counting) survivors and the 24/7 hotline number of the local domestic violence agency, using 4’ x 2’ banners in downtown business windows.
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Camden National Wealth Management grows leadership team and supports clients

Camden, Maine, May 20, 2020 – Camden National Bank is proud to announce several recent promotions at Camden National Wealth Management. Managing Director, Jennifer Lloyd Mirabile, has been promoted to Executive Vice President. Lauren Epstein has been promoted to Senior Vice President, Director of Client Services, and Marsha Osgood Connors, has been promoted to Senior Vice President, Director of Fiduciary Services.
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Camden National Bank donates $10,000 to AIO Food and Energy Assistance in Rockland

Camden, Maine, May 6, 2020 – Camden National Bank announced a $10,000 donation to Area Interfaith Outreach (AIO Food and Energy Assistance) for its “More Food, More Often” capital campaign to renovate and expand into a new facility in Rockland, adjacent to its current building.
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Camden National Corporation announces expansion of executive team

Camden, Maine, March 31, 2020 - Gregory A. Dufour, President and Chief Executive Officer of Camden National Corporation (the “Company”) announced that Gregory A. White and William “Bill” Martel have joined the executive team.
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Camden National Bank announces additional support for customers, employees, and communities in response to COVID-19

Camden, Maine, March 20, 2020 – To address growing challenges and financial hardships due to the spread of Coronavirus (COVID-19), Camden National Bank announced several measures to support its customers, employees, and communities.
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Camden National Bank announces precautionary measures to help slow the spread of COVID-19

Camden, Maine, March 17, 2020 – Today, Camden National Bank announced it will be implementing new precautionary measures to support public health efforts to manage the spread of the coronavirus (COVID-19) while continuing to provide full banking services to its customers. Starting March 18th, Camden National Bank will be offering drive-up only service at the majority of its banking center locations, with in-person visits by appointment only at those locations. For locations without a drive-up window, the bank will be limiting the number of customers inside at any given time.
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Camden National Bank relocates to new state-of-the-art banking center in Damariscotta

Camden, Maine, March 10, 2020 – Camden National Bank hosted a Ribbon Cutting Ceremony this morning to celebrate the opening of its new, 2,700 square-foot banking center at 435 Maine Street in Damariscotta, Maine. Local employees, chamber members, businesses, and supporters joined the gathering. Previously located at 4 Coastal Market Drive in Damariscotta, the bank officially opened for business at its new location in Camden National Bank Plaza on March 2nd with a seamless transition for customers.
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Camden National Bank donates nearly $7,500 to Maine high schools to help more than 1,500 students cheer on teams at the 2020 Basketball State Championships

Camden, Maine, March 3, 2020This past weekend, Camden National Bank gave nearly $7,500 in donations to ten Maine high school teams in the communities where it has banking centers for the 2020 Boys and Girls Basketball State Championships. The support made it possible for more than 1,500 students to attend this year’s games in Portland, Bangor, and Augusta and cheer on their friends and classmates. Camden National Bank has now carried on this community tradition for 11 years, donating nearly $60,000 total to Maine high schools and enabling more than 12,000 students to attend Championship Games for free.
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Camden National Corporation Reports Fourth Quarter and Annual Earnings for 2019

Camden, Maine, January 28, 2020 - Camden National Corporation (NASDAQ: CAC; "Camden National" or the "Company"), a $4.4 billion bank holding company headquartered in Camden, Maine, reported record net income of $57.2 million and diluted earnings per share ("EPS") of $3.69 for 2019, an increase of 8% and 9% over 2018, respectively. Strong earnings for the year resulted in a return on average assets of 1.30% and return on average equity of 12.44% for 2019, compared to a return on average assets and equity of 1.28% and 12.92%, respectively, for 2018.
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Camden National Bank supports long-term community health and wellness with $500,000 in donations to Maine hospitals

Camden, Maine, December 12, 2019 –Camden National Bank announced a $250,000 commitment to Maine Medical Center to provide funding for its master facilities modernization project, a patient-focused initiative that will enable the state’s largest hospital to meet the most urgent healthcare needs well into the future. The donation comes five months after Camden National Bank announced a $250,000 commitment to Pen Bay Medical Center to provide early funding for the construction of a new 41,513-square-foot health center at the hospital’s campus in Rockport.
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Camden National Bank Named Greenwich Customer Experience Leader in U.S. Retail Banking for Second Year in a Row

Camden, Maine, December 9, 2019 – Camden National Bank is one of six U.S. banks named a 2019 Greenwich Customer Experience Leader by Greenwich Associates, leading global provider of data, analytics and insights to the financial services industry. The only New England-based bank among those named this year, Camden National Bank was one of five banks recognized specifically in the U.S. Retail Banking category.
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Camden National Bank Donates an Additional $10,000 and 625 Pounds of Toiletry Items to Five Local Homeless Shelters Serving Maine Youth

Camden, Maine, November 26, 2019 – Camden National Bank recently celebrated its Customer Appreciation Week, highlighted by a $10,000 donation to five homeless shelters in Maine. The shelters receiving funds all provide vital support to Maine youth and teens. The bank’s employees also donated more than 625 pounds of toiletry items, collected at the bank’s 2019 Employee Appreciation Night, to local homeless shelters. The unrestricted funding and in-kind donations are part of the bank’s larger Hope@Home program which has provided more than $400,000 to homeless shelters in the bank’s service area over the past five years.
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Camden National Bank Camden National Bank Continuously Recognized for Outstanding Commitment to Small Business Growth in Maine

Camden, Maine, November 22, 2019 – The Finance Authority of Maine (FAME) presented Camden National Bank with the “Lender at Work for Maine” Award at last night’s annual Showcase Maine event in Portland. The award category is reserved for lenders with assets of $1.5 billion and above, and this is the bank’s tenth time as a FAME awardee. Earlier this month, Camden National Bank also received the 2019 U.S. Small Business Administration (SBA) District Director Award. Both recognitions highlight Camden National Bank’s outstanding commitment to supporting Maine business growth.
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Camden National Bank Receives the 2019 U.S. Small Business Administration (SBA) District Director Award for Exceptional Dedication to Small Business Growth in Maine

Camden, Maine, November 15, 2019 – The U.S. Small Business Administration (SBA)’s Maine District Office presented Camden National Bank with the 2019 District Director Award today at its lender awards ceremony in Augusta. SBA leadership in Maine determines the award recipient, a lender which has made significant efforts to increase the use of SBA loans in their portfolio and the access to capital for small businesses in the previous fiscal year.
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Camden National Bank recognizes six Maine nonprofit board directors and their organizations with 2019 Leaders & Luminaries Awards and $22,000 in grants

Camden, Maine, November 12, 2019 – Camden National Bank recognized six nonprofit board directors with 2019 Leaders & Luminaries Awards and $22,000 in grants for their respective organizations. The awards breakfast took place during Maine Association of Nonprofits’ executive forum, “Focus on Strategic Board Recruitment: Connecting People with Purpose.”
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Camden National Bank Donates $25,000 to Rockport’s New Library

Camden, Maine, November 6, 2019 – Camden National Bank recently announced a major gift to Rockport’s new library building campaign and presented the Rockport Library Foundation with a $25,000 donation.
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Camden National Bank Commits $15,000 to the Olympia Snowe Women’s Leadership Institute

Camden, Maine, October 31, 2019–Camden National Bank announced a $15,000 donation to the Olympia Snowe Women’s Leadership Institute (“OSWLI”) to support programming for Maine high school girls. Deeply committed to the vision and mission of OSWLI, seven Camden National Bank employees are now serving as Olympia’s Leaders Advisors (OLAs), working with 70 high school girls across Maine throughout the three-year program. In total this year, the Institute will serve 540 young women from 36 partner schools across all 16 counties of Maine.
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Camden National Corporation Reports a 3% Increase in Third Quarter 2019 Earnings Over Last Year

Camden, Maine, October 29, 2019– Camden National Corporation (NASDAQ: CAC; "Camden National" or the "Company"), a $4.5 billion bank holding company headquartered in Camden, Maine, reported net income for the third quarter of 2019 of $14.5 million, an increase of 3% over the third quarter of 2018, and diluted earnings per share ("EPS") of $0.94, an increase of 4% over the same period. For the third quarter of 2019, the Company's return on average assets was 1.29% and return on average equity was 12.26%.
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Sven Bartholomew Joins Camden National Bank as Senior Vice President, Business Banking Segment Leader

Camden, Maine, October 17, 2019– Camden National Bank announced that Sven Bartholomew has joined as Senior Vice President, Business Banking Segment Leader. He brings more than 14 years of experience developing and leading teams, cultivating new relationships, and acting as a trusted financial partner to many Maine businesses and government entities. In his new role, Bartholomew will lead a team which supports and advises business customers across the bank’s footprint.
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Camden National Bank Donates $30,000 to Midcoast Recreation Center for 6U Hockey Program

Camden, Maine, October 8, 2019– Camden National Bank announced a $30,000 donation to Midcoast Recreation Center (MRC) to continue providing support for the 6U youth hockey program. Since 2009, the bank has been a loyal corporate partner and sponsor of MRC, where 400 participants enjoy hockey programming each year, and approximately 7,000 people of all ages join public skating hours.
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Camden National Corporation Selected for the Sandler O'Neill Sm-All Stars Class of 2019

Camden, Maine, September 25, 2019 – Camden National Corporation (NASDAQ: CAC), the parent company of Camden National Bank, has been named to the Sandler O’Neill Sm-All Stars Class of 2019. Camden National was one of 30 publicly traded banks and thrifts – and the only bank headquartered in New England – to be recognized.
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14 Camden National Bank Employees Receive Annual Recognition Awards

Camden, Maine, September 23, 2019 – On Thursday, September 19th, Camden National Bank held its annual Employee Appreciation Event at the Augusta Civic Center. Over 550 employees traveled from as far away as Calais, Maine and Braintree, Massachusetts to attend. Throughout the celebration, employees recognized each other for an incredible year and 14 outstanding employees received awards for their impressive commitment to Camden National Bank’s customers, employees, and communities.
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Camden National Bank Announces Relocation to New, State-of-the-Art Banking Center in Damariscotta

Camden, Maine, September 9, 2019 – Camden National Bank announced the start of construction on a 2,700 square-foot, state-of-the-art banking center at 435 Main Street in Damariscotta. The new location is scheduled to open in spring 2020* when the bank’s Damariscotta staff and customers will transition to the new location just a mile down the road from their current space at 4 Coastal Market Drive.
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Ryan Smith Promoted to Senior Vice President, Director of Credit Administration at Camden National Bank

Camden, Maine, August 6, 2019 – Camden National Bank announced that Ryan Smith was promoted to Senior Vice President, Director of Credit Administration. With over 23 years of banking and finance experience, Smith brings extensive knowledge of commercial lending, business banking and treasury management services. In his new role, he will be responsible for managing the bank’s credit group, as well as its underwriting process and policies to maintain the bank’s exceptional loan portfolio quality and risk management. Smith will also chair the bank’s Senior Credit Committee.
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Camden National Corporation Reports an 8% Increase in Second Quarter 2019 Earnings

Camden, Maine, July 30, 2019 – Camden National Corporation (NASDAQ: CAC; "Camden National" or the "Company"), a $4.4 billion bank holding company headquartered in Camden, Maine, reported net income for the second quarter of 2019 of $13.2 million, an increase of 8% over the second quarter of 2018, and diluted earnings per share ("EPS") of $0.85, an increase of 9% over the same period. For the second quarter of 2019, the Company's return on average assets was 1.21% and return on average equity was 11.63%.
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Christopher Rugullies Promoted to Senior Vice President, Commercial Banking Officer at Camden National Bank

Camden, Maine, July 22, 2019 – Camden National Bank announced that Christopher Rugullies was promoted to Senior Vice President, Commercial Banking Officer. Rugullies, who brings over 17 years of experience in banking and six years at Camden National Bank, will support the needs of existing business and nonprofit clients in Southern Maine while identifying growth opportunities for Camden National Bank in the Lewiston-Auburn area.
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Camden National Bank Announces $250,000 Commitment to Pen Bay Medical Center's New Health Center in Rockport

Camden, Maine, July 11, 2019 – Camden National Bank announced a $250,000 commitment to Pen Bay Medical Center to provide early funding for the construction of a new 41,513-square-foot health center at the hospital’s campus in Rockport. Hospital and bank staff, trustees and community members gathered at the groundbreaking ceremony to celebrate the start of the project.
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Camden National Bank Is Now Accepting Nominations for the 2019 Leaders & Luminaries Awards

Camden, Maine, June 25, 2019–Camden National Bank announced that they are now accepting nominations for the 2019 Leaders & Luminaries Awards. This year, the bank will award a total of $20,000 to four local nonprofits on behalf of board directors who demonstrate passion, innovation and resourcefulness in their board service, fostering organizational success and sustainable board governance. Since 2011, Camden National Bank has awarded $130,000 to Maine nonprofits on behalf of 37 outstanding board leaders.
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Camden National Bank Employees Donate $13,000 to Good Shepherd Food Bank

Camden, Maine, June 18, 2019– Camden National Bank employees announced that they are making a $13,000 donation to Good Shepherd Food Bank. The employee-raised funds come from snack sales at multiple bank operations centers, plus other fundraisers throughout the year. The donation will go towards the food bank’s $5 million Food for All capital campaign, dedicated to transforming its Hampden facility into a food storage and distribution center for statewide hunger relief.
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Barbara Raths Joins Camden National Bank as SVP, Senior Treasury Management Sales Advisor 

Camden, Maine, May 30, 2019– Camden National Bank announced that Barbara Raths has joined as Senior Vice President, Senior Treasury Management Sales Advisor. In her new role, she will serve as the bank’s International Treasury Specialist and deliver banking solutions to clients operating in complex payment environments. With over 15 years of cross-sector experience in financial and payment services, Raths is an expert in complex treasury operations, debt and cash management, corporate finance, public finance, and international payment risk management.
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Camden National Corporation Reports an 11% Increase in First Quarter 2019 Earnings

Camden, Maine, April 30, 2019 – Camden National Corporation (NASDAQ: CAC; "Camden National" or the "Company"), a $4.4 billion bank holding company headquartered in Camden, Maine, reported net income for the first quarter of 2019 of $14.3 million and diluted earnings per share ("EPS") of $0.91, representing increases over the first quarter of 2018 of 11%. The Company's return on average assets was 1.33% and return on average equity was 13.13% for the first quarter of 2019.
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Camden National Bank Names Geoffrey T. Grayson Senior Vice President, Retail Regional Manager for Southern Markets

Camden, Maine, April 22, 2019 – Geoffrey T. Grayson was recently named Senior Vice President, Retail Regional Manager for Camden National Bank’s southern market with nine banking centers from York to Bath, Maine. Grayson brings over ten years of leadership experience in the banking industry, and in his new role, he is responsible for leading growth strategies, community partnerships and employee success across southern Maine.
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Pamela C. Kenniston Promoted to Senior Vice President, Senior Retail Loan Officer at Camden National Bank

Camden, Maine, April 22, 2019 – Camden National Bank announced that Pamela C. Kenniston was promoted to Senior Vice President, Senior Retail Loan Officer. A native of Camden, Maine, Kenniston has been helping Camden National Bank customers for nearly 30 years. In her role, she supports new and existing borrowers in Midcoast Maine to fulfill residential, commercial and consumer lending needs.
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Camden National Bank Names Marc G. Carbonneau Senior Vice President, Commercial Banking Officer

Camden, Maine, April 22, 2019 – Camden National Bank announced that Marc G. Carbonneau has joined the Commercial Banking team as Senior Vice President, Commercial Banking Officer in New Hampshire. In his new role, he will support clients with credit and cash management solutions in the Seacoast, New Hampshire and Merrimack Valley, Massachusetts regions.
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Kim Vieira Promoted to Senior Vice President, Commercial Banking Officer at Camden National Bank

Camden, Maine, April 04, 2019 – Camden National Bank announced that Kim Vieira was promoted to Senior Vice President, Commercial Banking Officer. Vieira, who has served with Camden National Bank and previously the Bank of Maine for nine years, is responsible for business development and client support in York County, Maine.
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Camden National Bank helped nearly 1,000 Maine high school students cheer on teams at the 2019 Basketball State Championships

Camden, Maine, March 06, 2019 – This past weekend, Camden National Bank provided donations to six Maine high schools, located in the communities where it has banking centers, that competed in the 2019 Boys and Girls Basketball State Championships. The support made it possible for nearly 1,000 students to attend this year’s games in Portland, Bangor and Augusta and cheer on their friends and classmates. Camden National Bank has now carried on this community tradition for 10 years, donating approximately $50,000 total to Maine high schools and enabling over 10,000 students to attend over 70 Championship Games for free.
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