W W W. M A I N E B I Z . B I Z 15 A P R I L 2 , 2 0 1 8
F O C U S B A N K I N G / F I N A N C E
aine's banking deposits peaked in 2009, according to the Federal Deposit
Insurance Corp., but Maine-based banks seem to be thriving right now.
All three of the top three banks — Camden National, Bangor Savings and Bar
Harbor Bank & Trust — have expanded their footprint in recent years and months.
Credit unions are seeing growth in member numbers. Women are taking more
of a leadership role in banks. Amid the growth in commercial banking and credit
unions, startups are being increasingly resourceful about fi nding investors through
Kickstarter, angel investors and other sources.
S TA R T I N G O N F O L L OW I N G PA G E
»
M
MEMBERSHIP GROWTH IN MAINE CREDIT UNIONS, AS OF 6/30/17
MAINE BANK DEPOSITS BY YEAR
S O U R C E : Maine Credit Union League
S O U R C E : Federal Deposit Insurance Corp.
2011 2012 2013 2014 2015 2016 2017
616,969 625,418 633,272 646,429 667,427 685,926 694,286
$0
$10B
$20B
$30B
$40B
$50B
2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994
$46.6 billion
2009
$27.9 billion
2017
$37.8 billion
2014
$11.9 billion
1994
