UnitedKingfield to become Camden National


CAMDEN – Robert W. Daigle, president and chief executive officer of Camden National Corp., announced that the company had received approval from the Office of the Comptroller of the Currency to combine its two banking subsidiaries, Camden National Bank and UnitedKingfield Bank, under the Camden National Bank name.

“UnitedKingfield Bank has been part of the Camden National family since the acquisition of United Bank in 1995 and Kingfield Savings Bank in 1999,” Daigle said, “which has given us the time to create a strong culture throughout our company as well as define ourselves in each of our communities.”

Gregory A. Dufour, president and chief executive officer of Camden National Bank, said the change “which will allow us to focus on the many different project tasks that will culminate in the official combination of the two banks on or about Oct. 1, 2006.”

Dufour also stated, “We are working toward fulfilling our commitment that there will be no job losses or branch closings at the two banks, and that personnel in the branches and lending staffs will remain the same.”

He added, “Our goal is simple. Once the transition to one bank is complete, you’ll see the same employees giving great customer service in the form of The Camden National Bank Experience.”

Camden National Corporation traces its roots to the founding of Camden National Bank in 1875. In 1995 Camden National Corp. acquired United Bank in Bangor. Kingfield Savings Bank was acquired in late 1999 and in 2000 was joined to create UnitedKingfield Bank. Once the transition to the Camden National Bank name is complete, the bank will consist of 27 branches and 28 ATMs.