CAMDEN (BusinessWire/AP)- Camden National Corporation announced that it will combine the company’s two banking subsidiaries.

“Camden National Bank and UnitedKingfield Bank will join together under the Camden National Bank name to better serve customers in all of our markets,” said Robert Daigle, president and chief executive officer of Camden National.

Daigle explained that combining the two banks would allow the organization to redirect resources from administrative efforts to areas that will improve customer experience.

Daigle said there would be no job losses or branch closings at the two banks and personnel in the branches and lending staffs would remain the same.

While Daigle will continue in his role as President and CEO of Camden National, Gregory Dufour will become president and CEO of Camden National Bank. Jeffrey Smith will become executive vice president and chief operating officer of the Bank and will also be responsible for managing the transition process. Dufour is currently president and chief operating officer of Camden National Bank while Smith is his counterpart at UnitedKingfield Bank.

Camden National traces its roots to the founding of Camden National Bank in 1875. In 1995 Camden National Corporation 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, it will consist of 27 branches and 28 ATMs. The transition to one bank is expected to be completed in the second half of this year.