Mainebiz

W W W. M A I N E B I Z . B I Z 15 N OV E M B E R 2 5 , 2 0 1 9 F O C U S B A N K I N G / F I N A N C E South Portland | Augusta Enjoy the personal service of a regional firm with the depth of experience of a national firm. With Wipfli, you gain the valuable insights and support you need to achieve your goals. Go Beyond the Ordinary at wipfli.com/maine LOCAL ROOTS. GLOBAL REACH. • Tax, audit and accounting • Cybersecurity and risk advisory • Business advisory solutions • Technology software solutions D Bank still has the largest share of Maine's banking deposits. That's not new. But the gap is closing, with Maine-based Camden National Bank and Bangor Savings Bank gaining market share, according to the most recent data reported by the Federal Deposit Insurance Corp. The Top 5 contin- ues to be rounded out by KeyBank and Bank of America, though BofA has a slightly smaller market share than a year ago. FOC U S S TAR TS ON FOLLOWI NG PAGE » T MAINE'S COMMERCIAL BANKING MARKET / JUNE 30, 2018 VS. JUNE 30, 2019 S O U R C E : Federal Market Share Report, Federal Deposit Insurance Corp. N O T E S : KeyBank closed six branches between June 30, 2018, and June 30, 2019 Bank of America closed one branch between June 30, 2018, and June 30, 2019 TD Bank ( 4 4 B R A N C H E S ) 13.07% market share 12.57% $3.846 billion deposits $3.999 billion 2018 2019 Camden National Bank ( 6 1 B R A N C H E S ) 10.48% 11.38% $3.084 billion $3.619 billion 2018 2019 KeyBank ( 4 3 B R A N C H E S ) 8.44% 8.99% $2.484 billion $2.860 billion 2018 2019 Bangor Savings Bank ( 5 5 B R A N C H E S ) 10.39% 10.52% $3.056 billion $3.347 billion 2018 2019 Bank of America ( 1 5 B R A N C H E S ) 6.86% 6.55% $2.018 billion $2.084 billion 2018 2019

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