Camden National Bank Appoints New Corporate Controller
Camden, ME, May 16, 2022 – Camden National Bank announced that Christopher Hutchinson has joined their Finance team as Senior Vice President, Corporate Controller. In his new role, Hutchinson will oversee the finance and accounting departments at the Bank.
Camden National Bank Named One of “World’s Best Banks” by Forbes for the Second Year
Camden, ME, April 21, 2022 – Camden National Bank has been named to Forbes magazine’s list of “World’s Best Banks” for the second consecutive year, ranking in the top 15 of 75 U.S. banks being recognized.
Camden National Bank Promotes Heather Robinson, CPA, SHRM-SCP, to Executive Vice President, Chief Human Resources Officer
Camden, ME, February 8, 2022 – Heather Robinson has been promoted to Executive Vice President, Chief Human Resources Officer at Camden National Bank. Robinson has been a Senior Vice President, Chief Human Resources Officer since starting with the bank in 2018.
Camden National Bank Celebrates Employee Volunteerism Efforts with $50,000 in Special Donations to 87 Local Nonprofits
Camden, ME, February 2, 2022 – Camden National Bank announced a special community giving effort with a total of $50,000 donated to 87 nonprofits where employees volunteered in 2021.
Camden National Bank Finances Low-Income Housing Facility, Freedom Place
Camden, ME, January 13, 2022 – Freedom Place, located at 66 State Street in Portland, celebrated its grand opening on Wednesday with a ribbon cutting ceremony, sponsored by Camden National Bank that included a tour of the new space and had special guest, Governor Janet T. Mills. The renovated, three-story building, was converted by Developers Collaborative to provide low-income housing and services to women who are experiencing homelessness and struggling with substance use disorder. Camden National Bank not only financed a majority of the $6.5 million project, but also contributed equity that will be repaid through receipt of federal historic tax credits over the course of five years.
Michael Archer Named Executive Vice President, Chief Financial Officer at Camden National Corporation
Camden, Maine, December 14, 2021 – Camden National Corporation (NASDAQ:CAC) (the “Company”), the holding company of Camden National Bank announced Michael “Mike” Archer has been named Executive Vice President, Chief Financial Officer for the Company effective January 3, 2022. Upon effectiveness, Mr. Archer will serve as the Company’s principal financial officer and principal accounting officer. Mr. Archer has served as Senior Vice President and Corporate Controller of the Company since 2016.
Camden National Bank Recognizes Six 2021 Leaders & Luminaries Awardees with $25,000 in Nonprofit Grants
Camden, Maine, December 10, 2021 – Camden National Bank announced its 2021 Leaders & Luminaries Awardees and provided $25,000 in grants for their respective organizations. The 2021 honorees include: Kim Pittman from Maine Volunteer Lawyers Project, Shannon Richards from Maine Crafts Association, Pam Dyer Stewart from Women for Healthy Rural Living, and Barbara Wirth from Maine Boys to Men.
Joanne Campbell Named EVP, Enterprise Risk Management and Chief Risk Officer at Camden National Bank
Camden, Maine, December 9, 2021 – Camden National Bank announced Joanne Campbell has been named Executive Vice President, Enterprise Risk Management and Chief Risk Officer for Camden National Bank. Her appointment represents the continued evolution of risk management at Camden National Bank and its commitment to mitigating and minimizing risks to the bank and its constituents. Campbell will oversee cyber and information security, physical security and fraud, compliance and Bank Secrecy Act responsibilities, audit, corporate governance and the bank’s in-house counsel.
Camden National Bank Announces $5,000 Grand Prize Winner in Choose It. Use It. Win It. Sweepstakes
Camden, Maine, December 8, 2021 – Camden National Bank recently announced the Grand Prize winner of its eight-week fall “Choose It. Use It. Win It.” sweepstakes. Briana Bartlett, from Vinalhaven, Maine, won $5,000 in November for using her debit card during the sweepstakes’ promotional period. In addition to the grand prize, Camden National Bank awarded forty $100 prizes to customers over an eight week period, totaling $9,000 in prizes.
Camden National Bank's Northern Region Commercial Banking Team Welcomes Three New Members
Camden, Maine, October 26, 2021 – Camden National Bank announced that its Northern Region Commercial Banking team is growing with the addition of Craig Day, promoted to Vice President, Commercial Banking Officer, as well as Mark Vanidestine and Will Hatt, who are both new to Camden National Bank. In his new role, Day develops and manages commercial banking relationships primarily in the greater Augusta/Waterville area. Hatt, Senior Vice President, Commercial Banking Officer, develops and manages commercial relationships in the greater Ellsworth and Downeast region, and Vanidestine, Vice President, Commercial Banking Officer, in the greater Bangor area.
Camden National Corporation Reports Third Quarter 2021 Financial Results
Camden, Maine, October 26, 2021 – Camden National Corporation (NASDAQ: CAC; "Camden National" or the "Company"), a $5.5 billion bank holding company headquartered in Camden, Maine, reported net income of $52.5 million and diluted earnings per share ("EPS") of $3.49 for the nine months ended September 30, 2021, an increase of 27% and 28%, respectively, compared to the same period in 2020. The Company's solid year-to-date earnings translated into a return on average equity of 12.96% and return on average tangible equity (non-GAAP) of 15.91% for the same period.
Kimberly Currier Named Assistant Vice President, Ellsworth Main Street Banking Center Manager at Camden National Bank
Camden, Maine, October 22, 2021 – Camden National Bank announced that Kimberly Currier has been named Assistant Vice President, Banking Center Manager at the bank’s Ellsworth Main Street location. In this role, Currier is responsible for helping individuals, families, and businesses reach their financial goals by delivering outstanding service and financial guidance on loans and banking strategies. With over 18 years of banking experience, Currier has a passion for coaching and training, business development, and helping customers find the right solutions.
For the fourth year in a row, Camden National Bank Named Customer Experience Leader
Camden, Maine, October 13, 2021 – Coalition Greenwich, a division of S&P Global’s analytics company CRISIL, named Camden National Bank a 2021 Customer Experience (CX) Leader. This marks the fourth year running that the bank has been recognized in the Retail Banking category, and its second year in the Small Business category. This year, the bank was one of only three U.S. banks recognized for retail banking excellence, and one of two to be awarded for small business banking. In both categories, the bank was honored as a leader in customer satisfaction, customer loyalty, and ease of doing business.
Camden National Bank Receives “Outstanding” Community Reinvestment Act Rating for 18 years
Camden, Maine, October 7, 2021 – Camden National Bank announced that it has received the highest possible overall rating of “Outstanding” from the Office of the Comptroller of the Currency (OCC) for its most recent Community Reinvestment Act (CRA) examination period, covering 2018 to 2020. This marks the 18th year that the bank has been rated “Outstanding” for CRA, a reflection of its long-standing commitment to social responsibility and local community.
Camden National Bank donates 100 board games and $4,000 to local kids' programs on behalf of employees
Camden, Maine, September 30, 2021 – Last week, during Camden National Bank’s 2021 Employee Appreciation Week, the bank announced a community donation of nearly 100 board games and $4,000 for local YMCAs serving children. The donations are being made on behalf of the bank’s employees who are highly involved in their local communities.
Camden National Bank recognizes 13 employees with 2021 Commitment Awards
Camden, Maine, September 23, 2021 – Throughout the week of September 20th, Camden National Bank celebrated its 2021 Employee Appreciation event across more than 60 business locations. The bank’s 600 employees recognized each other for a fantastic year of hard work and dedication, and 13 employees received awards for their impressive commitment to customers, employees, and community.
Camden National Bank named to the 2021 list of Best Places to Work in Maine
Camden, Maine, September 1, 2021 – Camden National Bank announced that it has been included in the statewide 2021 Best Places to Work in Maine list. The Best Places to Work in Maine is a survey and awards program dedicated to identifying and recognizing the state’s best employers and providing organizations with valuable employee feedback. The process is managed by Best Companies Group (BCG) and winners are published by Mainebiz and celebrated by the Maine Society for Human Resources Management (MESHRM).
Camden National Corporation Reports Second Quarter 2021 Financial Results
Camden, Maine, July 27, 2021 – Camden National Corporation (NASDAQ: CAC; "Camden National" or the "Company"), a $5.2 billion bank holding company headquartered in Camden, Maine, reported net income of $18.1 million and diluted earnings per share ("EPS") of $1.21 for the second quarter of 2021, an increase of 66% over the second quarter of 2020. Net income and diluted EPS for the six months ended June 30, 2021 was $37.9 million and $2.52, respectively, increases of 55% and 56% compared to the same period of 2020. These strong financial results led to a return on average equity of 13.50% and return on average tangible equity (non-GAAP) of 16.60% for the second quarter of 2021, and a return on average equity of 14.24% and return on average tangible equity (non-GAAP) of 17.52% for the six months ended June 30, 2021.
Camden National Bank is now accepting nominations for the 2021 Leaders & Luminaries Awards to celebrate outstanding nonprofit board members
Camden, Maine, July 22, 2021 – Camden National Bank announced that it is now accepting nominations for the 2021 Leaders & Luminaries Awards, a program which started in 2011 to celebrate the importance of effective nonprofit board leaders in our community. Between now and September 24, 2021, the bank is seeking nominations for passionate board directors who are responsible for advancing their organization’s mission and impact. Four winning awardees will be named, and $20,000 in total grants will be made to their respective organizations.
Jennifer Bowring Joins Camden National Bank as Vice President, Senior Treasury Management Sales Advisor
Camden, Maine, July 8, 2021 – Camden National Bank announced that Jennifer Bowring has joined the Treasury Management team as Vice President, Senior Treasury Management Advisor. With over 11 years of commercial banking cash management experience, Bowring brings expertise in payment and receivable solutions, deposit management, international payment risk, and fraud prevention.
Ned Muskie Returns to Maine to Join Camden National Wealth Management as Senior Vice President, Senior Wealth Advisor
Camden, Maine, June 3, 2021 – Camden National Wealth Management announced today that Edmund “Ned” Muskie, Jr., has joined its growing team as Senior Vice President, Senior Wealth Advisor. With more than 35 years of experience in banking and wealth management, Muskie brings extensive knowledge in investment management, multigenerational wealth transfer, retirement and estate planning, tax strategies, and more. In his new role, Muskie will cultivate and manage relationships with high-net-worth individuals and families as well as non-profit and public entity clients across Maine and Northern New England.