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April 21, 2025

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V O L . X X X I N O. V I I I A P R I L 2 1 , 2 0 2 5 34 T H E L I S T C O M P I L E D B Y S T E P H A N I E M E A G H E R C O M P I L E D B Y S T E P H A N I E M E A G H E R Banks with the largest market share in Maine Ranked by Maine deposits as of June 30, 2024 (all dollar figures in thousands) 1 Bank Maine deposits (000) Market share Maine offices Chief executive 1 TD Bank 1701 Route 70 East, Cherry Hill, N.J. 08034 888-751-9000 • tdbank.com $ 6,455,732 14.6 % 38 Don Baker 2 Bangor Savings Bank 3 State St., Bangor 04401 942-5211 • bangor.com $ 5,054,997 11.44 % 63 Bob Montgomery-Rice 3 Camden National Bank 2 2 Elm St., Camden 04843 236-8821 • camdennational.com $ 4,486,119 10.15 % 56 Simon Griffiths 4 KeyBank 127 Public Square, Cleveland, Ohio 44114 800-539-2968 • key.com $ 2,818,783 6.38 % 30 Colin March Tony DiSotto 5 First National Bank 223 Main St., Damariscotta 04543 563-3195 • thefirst.com $ 2,578,790 5.83 % 18 Tony C. McKim 6 Bank of America Corp. 100 N. Tryon St., Charlotte, N.C. 28202 800-900-9000 • bankofamerica.com $ 2,517,719 5.7 % 12 Brian King 7 Northeast Bank 500 Canal St., Lewiston 04240 786-3245 • northeastbank.com $ 2,362,286 5.34 % 9 Richard Wayne 8 Machias Savings Bank 4 Center St., Machias 04654 255-3347 • machiassavings.com $ 2,007,423 4.54 % 15 Lawrence Barker 9 Bar Harbor Bankshares 82 Main St., Bar Harbor 04609 288-3314 • bhbt.com $ 1,852,107 4.19 % 22 Curtis C. Simard 10 Norway Savings Bank 261 Main St., Norway 04268 743-7986 • norwaysavingsbank.com $ 1,503,955 3.4 % 24 Daniel Walsh 11 Gorham Savings Bank 3 64 Main St., Gorham 04038 839-4450 • gorhamsavingsbank.com $ 1,349,536 3.05 % 13 Steve deCastro 12 Androscoggin Savings Bank 30 Lisbon St., Lewiston 04240 784-9164 • androscogginbank.com $ 1,314,857 2.97 % 10 Neil Kiely 13 Kennebec Savings Bank 150 State St., Augusta 04332 622-5801 • kennebecsavings.bank $ 1,311,255 2.97 % 8 Andrew E. Silsby 14 Kennebunk Savings Bank 104 Main St., Kennebunk 04043 467-2880 • kennebunksavings.com $ 1,308,687 2.96 % 12 Lex Meagher SOURCE: Federal Deposit Insurance Corp. (FDIC) 1 Deposit market share data is updated annually by FDIC. 2 Completed the acquisition of North Conway, N.H.-based Northway Bank on Jan. 2, 2025 3 On Dec. 7, 2023, Maine Community Bancorp, MHC, the parent mutual holding company for Maine Community Bank, and Gorham Bancorp, MHC, the parent mutual holding company for Gorham Savings Bank, announced that they have entered into a definitive agreement to merge under the Maine Community Bank name. Though a formal effective date has not yet been set, the combined bank is expected to be operating on a single system by the third quarter of 2025. The merger was completed on Jan. 1, 2025. - This list was compiled by Stephanie R. Meagher and previously published in the Dec. 26, 2024, issue of Mainebiz. Purchase this list and more as an Excel document at mainebiz.biz/DataCenter @ Banks with the largest market share in Maine Ranked by Maine deposits as of June 30, 2024 (all dollar figures in thousands) 1 Nominate a top-notch woman executive before July 7! Do you know a woman business owner, CEO, president or top executive with an established track record of success; a woman who has been a trailblazer and a mentor to others? S PONS OR ED BY FOLLOW U S @M AI NEBI Z #MBOWB25 GO TO W W W.MAINEBIZ .BIZ/OWB25 NOMINATE THEM BY JULY 7! 1 Deposit market share data is updated annually by FDIC. 2 Completed the acquisition of North Conway, N.H.-based Northway Bank on Jan. 2, 2025 3 On Dec. 7, 2023, Maine Community Bancorp, MHC, the parent mutual holding company for Maine Community Bank, and Gorham Bancorp, MHC, the parent mutual holding company for Gorham Savings Bank, announced that they have entered into a definitive agreement to merge under the Maine Community Bank name. Though a formal effective date has not yet been set, the combined bank is expected to be operating on a single system by the third quarter of 2025. The merger was completed on Jan. 1, 2025. S O U R C E : Federal Deposit Insurance Corp. (FDIC)

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