What are Camden National's Business Segments?
Camden National Bank. The Bank is a national banking association chartered under
the laws of the United States headquartered in Camden, Maine. Originally founded
in 1875, the Bank became a direct, wholly-owned subsidiary of the Company as a
result of a corporate reorganization in 1984. The Bank offers its products and
services across Maine, and focuses primarily on attracting deposits from the general
public through its branches, and then leveraging this relationship to originate
residential mortgage loans, commercial business loans, commercial real estate
loans and a variety of consumer loans across New England. The Company has operations
within 13 of Maine's 16 counties. Customers may also access the Bank’s products
and services using other channels, including the Bank’s website address.
The Bank's website address is www.CamdenNational.com.
Camden Financial Consultants, located at Camden National Bank. Camden Financial
is a full-service brokerage and insurance division of the Bank in the business
of helping clients meet all of their financial needs by using a total wealth
management approach. Its financial offerings include college, retirement, and
estate planning, mutual funds, strategic asset management accounts, and variable
and fixed annuities.
Healthcare Professional Funding Corporation. HPFC is a wholly-owned subsidiary
of the Bank and provides specialized lending to dentists, optometrists and veterinarians
across the U.S. The Company acquired HPFC in connection with the SBM acquisition
and The Bank of Maine.
Acadia Trust, N.A. Acadia Trust is a limited purpose national banking association
chartered under the laws of the United States headquartered in Portland, Maine.
Acadia Trust provides a broad range of trust, trust-related, investment and
wealth management services to both individual and institutional clients. The
financial services provided by Acadia Trust complement the services provided
by the Bank by offering high net worth individuals, businesses and non-profit
institutional customers investment management services, as well as serving as
trustee. Acadia Trust’s website address is www.acadiatrust.com.
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