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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 |
|---|---|---|
| Aug 1, 2005 | Portland Regional Federal Credit Union | Cumberland County Federal Credit Union |
| May 11, 2005 | Chestnut Credit Union | Connected Credit Union |
| Mar 18, 2005 | Fleet Maine, National Association | Fleet National Bank |
| Mar 1, 2005 | Bansco Credit Union | University Credit Union |
| Jan 19, 2005 | Camden National Investment Services, Inc. | Camden National Corporation |
| Jan 15, 2005 | The First National Bank of Bar Harbor | First National Bank |
| Jan 15, 2005 | FNB Bankshares | The First Bancorp, Inc. |
| Aug 1, 2004 | Insurance Services Federal Credit Union | Truchoice Federal Credit Union |
| Dec 31, 2003 | Block Capital Management | Bar Harbor Trust Services |
| Jan 1, 2003 | Trust Company of Maine, Inc. | Acadia Trust, N.A. |
| Mar 29, 2002 | Maine Acceptance Corporation | Merrill Merchants Bank |
| Feb 28, 2002 | Ocean National Corporation | Chittenden Corporation |
| Jan 1, 2002 | Madison-Anson Community Federal Credit Union | Franklin-Somerset Federal Credit Union |
| Sep 30, 2001 | Keso Federal Credit Union | KSW Federal Credit Union |
| Sep 1, 2001 | Coastal Bank | Norway Savings Bank |
| Sep 1, 2001 | First Coastal Corporation | Norway Bancorp, Inc |
| Aug 17, 2001 | Sprague Sanford Federal Credit Union | Peopleschoice Credit Union |
| May 19, 2001 | Augusta Federal Savings Bank | The Bank of Maine |
| May 1, 2001 | Maine Bank Corp. | Chittenden Corporation |
| May 1, 2001 | Nopar Federal Credit Union | Dirigo Federal Credit Union |
| Dec 1, 2000 | Gateway Federal Credit Union | Norstate Federal Credit Union |
| Oct 2, 2000 | Fleet Bank of Maine | Fleet National Bank |
| Oct 1, 2000 | Skowhegan Community Federal Credit Union | Franklin-Somerset Federal Credit Union |
| Sep 30, 2000 | The Waldoboro Bank F.S.B. | Union Trust Company |
| May 10, 2000 | Banknorth Group, Inc. | TD Bank US Holding Company |
| May 1, 2000 | Vassalboro Federal Credit Union | Maine Savings Federal Credit Union |
| Feb 7, 2000 | United Bank | UnitedKingfield Bank |
| Dec 20, 1999 | KSB Bancorp, Inc. | Camden National Corporation |
| Dec 5, 1999 | Nissen Employees Federal Credit Union | Saco Valley Credit Union |
| Jun 1, 1999 | Waldo Community Development Federal Credit Union | Down East Credit Union |
| Jan 19, 1999 | Livermore Falls Trust Company | Androscoggin Savings Bank |
| Oct 25, 1997 | Cushnoc Bank and Trust Company | Northeast Bank |
| Oct 1, 1997 | Atlantic Bank, N.A. | TD Bank, N.A. |
| Aug 31, 1997 | Savers Federal Credit Union | Ocean Communities Federal Credit Union |
| Jul 1, 1997 | Portland Maine Teachers Federal Credit Union | Cumberland County Federal Credit Union |
| Jun 30, 1997 | KeyBank National Association | KeyBank N.A. |
| May 30, 1997 | Key Bancshares of Maine Inc. | KeyCorp |
| Dec 2, 1996 | Jax Lab Federal Credit Union | Maine Savings Federal Credit Union |
| Aug 30, 1996 | Merrill/Norstar Bankshare Association | Fleetboston Financial Corporation |
| Jul 1, 1996 | Aerotred Federal Credit Union | Great Falls Regional Federal Credit Union |
| Jul 1, 1996 | Brunswick Federal Savings Association | Northeast Bank |
| Apr 1, 1996 | Burnham & Morrill Employees Credit Union | Ancorum Credit Union |
| Dec 31, 1995 | Unitedcorp | Camden National Corporation |
| Jul 1, 1995 | Banme Federal Credit Union | Infinity Federal Credit Union |
| Jun 17, 1995 | Waterville Savings and Loan Association | Kennebec Savings Bank |
| Jun 13, 1995 | Casco Northern Bank, N.A. | (unnamed) |
| Dec 1, 1994 | Kennebec County Federal Credit Union | Capital Area Federal Credit Union |
| Aug 1, 1994 | Mid Maine Savings Bank F.S.B. | TD Bank, N.A. |
| May 7, 1994 | RMD Federal Credit Union | Oxford Federal Credit Union |
| May 1, 1994 | Saint Marie Federal Credit Union | Dirigo Federal Credit Union |
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