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Bank Events in Maine
Every FDIC-insured bank failure, merger or acquisition involving a bank, credit union or bank holding company, and regulatory enforcement action affecting banks headquartered in Maine (ME).
Failures in Maine
| Date | Bank | Assets |
|---|---|---|
| May 21, 1992 | First FSA | $83.0M |
| Feb 1, 1991 | Maine Savings Bank | $1.18B |
| Jan 6, 1991 | Maine National Bank | $1.05B |
| Jan 11, 1990 | American FSB | $51.8M |
| Oct 3, 1955 | Frontier Trust Company | $6.0M |
Mergers & Acquisitions involving Maine banks
| Date | Acquired (ME) | Acquirer |
|---|---|---|
| Oct 2, 2026 | Androscoggin Bancorp, MHC | Clearnorth Financial Mutual Holding Company |
| Jan 1, 2025 | Gorham Bancorp, Inc. | Maine Community Bancorp, Inc. |
| Jan 1, 2025 | Gorham Bancorp, MHC | Maine Community Bancorp, MHC |
| Jan 1, 2025 | Gorham Savings Bank | Maine Community Bank |
| Jul 1, 2024 | Changing Seasons Federal Credit Union | University Credit Union |
| Dec 11, 2022 | Maine Harvest Federal Credit Union | Ancorum Credit Union |
| Oct 1, 2022 | Bluetarp Financial, Inc. | Capital One, N.A. |
| Apr 30, 2022 | Bar Harbor Trust Services | Bar Harbor Wealth Management |
| Mar 16, 2022 | Monmouth Federal Credit Union | Great Falls Regional Federal Credit Union |
| Feb 12, 2022 | Blue Cross & Blue Shield Maine Employees Federal Credit Union | Truchoice Federal Credit Union |
| May 1, 2021 | Infinity Federal Credit Union | Empeople Credit Union |
| Mar 6, 2021 | Kennebec Federal Savings & Loan Association | Kennebec Savings Bank |
| Dec 1, 2020 | Damariscotta Bankshares, Inc. | Bangor Bancorp, MHC |
| Dec 1, 2020 | Damariscotta Bank & Trust Co. | Bangor Savings Bank |
| Jun 27, 2020 | Winslow Community Federal Credit Union | Connected Credit Union |
| Jan 1, 2020 | Mechanics' Savings Bank | Maine Community Bank |
| Apr 1, 2019 | York County Federal Credit Union | Atlantic Regional Federal Credit Union |
| Apr 1, 2018 | Taconnet Federal Credit Union | New Dimensions Federal Credit Union |
| Nov 1, 2017 | Eastern Maine Medical Center Federal Credit Union | Acadia Federal Credit Union |
| Aug 1, 2017 | Ocean Communities Federal Credit Union | Lighthouse Federal Credit Union |
| Dec 1, 2016 | Acadia Trust, N.A. | Camden National Bank |
| Apr 1, 2016 | Health First Federal Credit Union | KV Federal Credit Union |
| Apr 1, 2016 | Howland-Enfield Federal Credit Union | Penobscot County |
| Oct 17, 2015 | The Bank of Maine | Camden National Bank |
| Oct 17, 2015 | SBM Financial, Inc. | Camden National Corporation |
| Dec 1, 2014 | Portland Maine Police Department Federal Credit Union | Truchoice Federal Credit Union |
| Nov 1, 2012 | Shaw's Employees Federal Credit Union | Trugrocer Federal Credit Union |
| Apr 30, 2012 | St Agatha Federal Credit Union | Acadia Federal Credit Union |
| Nov 1, 2011 | R.C.H. Federal Credit Union | Dirigo Federal Credit Union |
| Oct 2, 2010 | Alliance of Maine Federal Credit Union | Trademark Federal Credit Union |
| Oct 1, 2010 | Houlton Federal Credit Union | County Federal Credit Union the |
| Oct 31, 2009 | New England United Methodist Federal Credit Union | Interfaith Federal Credit Union |
| Jan 1, 2009 | Merrill Merchants Bank | People's United Bank, National Association |
| Jan 1, 2009 | Maine Bank & Trust Company | People's United Bank, National Association |
| Dec 16, 2008 | Portland Maine Transit Federal Credit Union | Truchoice Federal Credit Union |
| Sep 20, 2008 | Rivergreen Bank | The Bank of Maine |
| May 31, 2008 | Riverview Federal Credit Union | Gardiner Federal Credit Union |
| Jan 3, 2008 | Union Bankshares Company | Camden National Corporation |
| Jan 3, 2008 | Union Trust Company | Camden National Bank |
| Aug 1, 2007 | GMP Credit Union | Evergreen Credit Union |
| Aug 1, 2007 | Pepperell Bank & Trust | Bangor Savings Bank |
| Aug 1, 2007 | Pepperell Bancshares Financial Group, Inc. | Bangor Bancorp, MHC |
| Jul 31, 2007 | Bowdoinham Federal Credit Union | Down East Credit Union |
| May 19, 2007 | Calais Federal Savings and Loan Association | The Bank of Maine |
| Feb 1, 2007 | Knox County Federal Credit Union | Ancorum Credit Union |
| Jan 13, 2007 | First Citizens Bank | The Bank of Maine |
| Jan 1, 2007 | Saint Francis Community Federal Credit Union | Acadia Federal Credit Union |
| Dec 1, 2006 | Greater Waterville Area Federal Credit Union | Maine State Credit Union |
| Sep 30, 2006 | UnitedKingfield Bank | Camden National Bank |
| Feb 1, 2006 | La Vallee Federal Credit Union | Acadia Federal Credit Union |
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