News Details

Camden National Bank Expands in Southern Maine with New Kennebunk Branch

September 27, 2010

Full-service Retail Location Will Provide Convenience, One-stop Shopping for Customers

CAMDEN, Maine--(BUSINESS WIRE)-- Camden National Bank, the largest independent publicly traded bank headquartered in Maine, will celebrate the Grand Opening of its newest full-service branch, located within the Hannaford Supermarket at the Long Bank Shopping Center in Kennebunk, Maine on Thursday, Sept. 30, at 9:00 am. The event will include a ribbon-cutting and remarks by Camden National Bank President and CEO, Gregory Dufour, and Kennebunk & Kennebunkport Chamber of Commerce Interim Executive Director, Jim Fitzgerald.

“When a company expands in the Kennebunks it is always an occasion to celebrate,” said Jim Fitzgerald, interim executive director, Kennebunk-Kennebunkport Chamber of Commerce. “Growing Maine businesses are always a pleasure to see, particularly during challenging economic conditions, and we congratulate Camden National Bank on the Grand Opening of this new location.”

The Kennebunk Hannaford branch offers full retail services including checking accounts, mortgages and small business loans. It is open seven days a week with expanded business hours for added convenience.

“In addition to the superior service and exceptional products we offer at all of our branches, this in-store location provides the utmost in customer convenience through one-stop shopping for groceries and banking,” said Dufour. “It is gratifying to partner with Hannaford to make this exceptionally convenient banking experience possible in Kennebunk.”

Camden National Bank currently maintains a network of 38 branches ranging as far east as Jonesport, north as Greenville and west as Rangeley. With the new location, it now has three branches in Southern Maine.

Hannaford Supermarkets, based in Scarborough, Maine, operates 175 stores and employs more than 27,000 associates in Maine, Massachusetts, New Hampshire, New York and Vermont. Most Hannaford locations have full-service pharmacies and all stores feature Guiding Stars, the nation's first storewide nutrition navigation system. For more information, visit www.hannaford.com.

About Camden National Corporation

Camden National Corporation (NASDAQ: CAC), headquartered in Camden, Maine and recently ranked 12th in USBanker's list of top-performing mid-tier banks, is the holding company employing more than 400 Maine residents for two financial services companies including Camden National Bank along with its division Union Trust, and the wealth management company, Acadia Trust, N.A.Camden National Bank, named in 2009 as the Finance Authority of Maine’s “Financial Institution of the Year,” is a full-service community bank with a network of 38 banking offices serving coastal, western, central, and eastern Maine. Acadia Trust offers investment management and fiduciary services with offices in Portland, Bangor, and Ellsworth. Located at Camden National Bank, Acadia Financial Consultants offers full-service brokerage and insurance services.

Source: Camden National Bank

Contact:

Camden National Corporation

Diane Norton, 207-230-2176

VP, Marketing & Communications

dnorton@camdennational.com