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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 |
|---|---|---|
| Mar 30, 1994 | Casco-Northern Corporation | Bancboston Holdings, Inc. |
| Feb 1, 1994 | Municipal Employees of Auburn Federal Credit Union | Community Credit Union |
| Jan 1, 1994 | Emery Waterhouse Employees Federal Credit Union | Infinity Federal Credit Union |
| Sep 1, 1993 | Jordans Employees Federal Credit Union | Infinity Federal Credit Union |
| Apr 1, 1993 | Oxford Bank and Trust | TD Bank, N.A. |
| Mar 25, 1993 | Kennebec Health System Federal Credit Union | KV Federal Credit Union |
| Jul 1, 1992 | Berean Federal Credit Union | New Dimensions Federal Credit Union |
| May 2, 1992 | First Maine Bank | Citizens Bank New Hampshire |
| Mar 1, 1992 | Moosehead Federal Credit Union | Maine Savings Federal Credit Union |
| Dec 28, 1991 | Saint Marys-St Matthews Federal Credit Union | Bangor Federal Credit Union |
| Nov 1, 1991 | Lighthouse Community Credit Union | Town & Country Federal Credit Union |
| Oct 1, 1991 | Northern Maine Credit Union | Norstate Federal Credit Union |
| May 14, 1991 | Maine Osteopathic Credit Union | Town & Country Federal Credit Union |
| Apr 27, 1991 | Fishermans Credit Union | Midcoast Federal Credit Union |
| May 12, 1990 | University of Maine Student Federal Credit Union | University Credit Union |
| Dec 1, 1989 | Hussey Employees Federal Credit Union | York County Federal Credit Union |
| Feb 1, 1989 | Mobil Portland Federal Credit Union | Town & Country Federal Credit Union |
| Dec 1, 1988 | Key Bank of Northern Maine | KeyBank National Association |
| Dec 1, 1988 | Key Bank of Eastern Maine | KeyBank National Association |
| Dec 1, 1988 | Key Bank of Southern Maine | KeyBank National Association |
| Jul 1, 1988 | Circle W Credit Union | Alliance of Maine Federal Credit Union |
| Jun 21, 1988 | Woodworkers Federal Credit Union | Oxford Federal Credit Union |
| Jan 1, 1988 | Sun Savings & Loan Federal Association | Home Owners Savings Bank FSB |
| Jan 1, 1988 | Merrill Bankshares Company | Merrill/Norstar Bankshare Association |
| Jan 1, 1988 | Old Orchard Beach Federal Credit Union | Ocean Communities Federal Credit Union |
| Jan 1, 1988 | Norstar Bank of Maine | Fleet Bank of Maine |
| Sep 1, 1987 | Saint Ignatius Sanford Federal Credit Union | Peopleschoice Credit Union |
| Apr 14, 1987 | Capital Area Federal Credit Union | Capital Area Federal Credit Union |
| Dec 10, 1986 | Sanborns Federal Credit Union | Truchoice Federal Credit Union |
| Dec 6, 1986 | Aroostook Trust Company | Maine National Bank |
| Dec 6, 1986 | The Dirigo Bank and Trust Company | Maine National Bank |
| Oct 1, 1986 | Friendly Service Credit Union | Otis Federal Credit Union |
| Sep 9, 1986 | Mount Blue Federal Credit Union | Franklin-Somerset Federal Credit Union |
| Aug 5, 1986 | Midcoast Federal Credit Union | Midcoast Federal Credit Union |
| Aug 1, 1986 | Lucerne Federal Credit Union | Brewer Federal Credit Union |
| Jun 23, 1986 | Auburn Federal Credit Union | Dirigo Federal Credit Union |
| Jun 1, 1986 | Merrill Bank, N.A. | Fleet Bank of Maine |
| Feb 28, 1986 | Thomas Laughlin Employees Federal Credit Union | Truchoice Federal Credit Union |
| Jan 31, 1986 | Saint Patricks Portland Federal Credit Union | Town & Country Federal Credit Union |
| Dec 31, 1985 | John Roberts Federal Credit Union | Ocean Communities Federal Credit Union |
| Dec 28, 1985 | Family Credit Union | Infinity Federal Credit Union |
| Sep 25, 1985 | Etonic Employees Federal Credit Union | Dirigo Federal Credit Union |
| May 21, 1985 | A G of Maine Credit Union | Maine Savings Federal Credit Union |
| Apr 23, 1985 | York County Medical Federal Credit Union | York County Federal Credit Union |
| Feb 1, 1985 | Banc of Maine Corporation | Merrill/Norstar Bankshare Association |
| Feb 1, 1985 | Bank of Maine, N. A. | Norstar Bank of Maine |
| Feb 1, 1985 | People's Savings Bank | TD Bank, N.A. |
| Jan 31, 1985 | York Products Employees Credit Union | Ocean Communities Federal Credit Union |
| Sep 30, 1984 | Saint Josephs Lewiston Federal Credit Union | Dirigo Federal Credit Union |
| Jul 1, 1984 | Federal Trust Company | Fleet Bank of Maine |
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