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News and Updates

Camden National Bank Celebrates 150th Anniversary

Camden, Maine, January 8, 2025 – Camden National Bank, in celebration of its 150th anniversary, announced it would kick off its year-long celebration by increasing its community commitment to fighting homelessness through its unique Hope@Home program.

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Camden National Corp. Announces Successful Merger with Northway Financial

Camden, Maine, January 2, 2025 – Camden National Corporation (“Camden National”) (NASDAQ: CAC), the bank holding company for Camden National Bank, today announced the closing of its merger with Northway Financial, Inc. (“Northway”) (OTCQB: NWYF), the parent company of Northway Bank. The all-stock transaction was originally announced on September 10, 2024. The combined institution has total assets of approximately $7.0 billion and 73 branches in Maine and New Hampshire.

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Camden National Bank Shines a Light on Local Nonprofit Board Members

Camden, Maine, December 10, 2024 – Camden National Bank proudly reveals its 2024 Leaders & Luminaries Awardees, granting their respective organizations $22,000 in unrestricted funding. Since the recognition initiative launched in 2011, Camden National Bank has donated nearly $264,000 to 68 Maine nonprofits across the state through the Leaders & Luminaries program. Over the years, hundreds of board directors have been nominated by fellow board members and nonprofit staff, highlighting countless stories of these unsung heroes going above and beyond as stewards for positive community change.

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Camden National Bank receives the “Lender at Work for Maine” award from the Finance Authority of Maine for the fourteenth time

Portland, Maine, December 5, 2024 – The Finance Authority of Maine (FAME) presented Camden National Bank with the “Lender at Work for Maine” award at its annual Showcase Maine event on November 21, 2024. This marks the fourteenth time Camden National Bank has received this honor, recognizing the Bank’s outstanding commitment to supporting Maine businesses and its workforce.

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Camden National Bank Collects More Than 8,000 School Supplies through Employee Donation Drive

Portland, Maine, October 9, 2024 – Camden National Bank is proud to announce a significant donation of school supplies collected by employees and customers from all 57 banking centers to Ruth’s Reusable Resources, a local nonprofit dedicated to bridging the gap between business and education by transferring unwanted supplies to children and their teachers. This initiative highlights Camden National Bank employees' unwavering commitment to giving back to the communities they serve.

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Camden National Bank Celebrates Employees with 2024 Commitment Awards

Camden, Maine, September 24, 2024 – On Tuesday, September 24, Camden National Bank held its annual Employee Appreciation Event at the Augusta Civic Center. During the event, all employees were recognized and celebrated, and 16 outstanding employees received Commitment Awards for their impressive performance, commitment to providing excellent customer service, and dedication to the community.

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Camden National Bank’s Diversity Council Supports Coastal Enterprises, Inc. with $10,000 Donation

Camden, Maine, September 19, 2024 – Camden National Bank’s employee-led Diversity Council has delved into the local community to identify organizations dedicated to advancing women through accessible and tangible programs that address critical areas such as childcare and caregiving, education and mentorship, and the growth of woman-owned small businesses.

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Camden National Bank Cuts Ribbon on Updated Belfast Main Street Location
$8,500 Announced in Community Donations

CAMDEN, Maine, September 17, 2024 Camden National Bank held a ribbon-cutting ceremony on Thursday, September 12, to celebrate their newly renovated Belfast banking center. During the ceremony, $8,500 in donations were announced to support the Belfast and Midcoast area, including $5,000 to the Belfast YMCA, $1,000 to the Belfast Arts in the Park, and $2,500 to New Hope Midcoast.

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Camden National Corporation and Northway Financial, Inc. to Merge

CAMDEN, Maine, and NORTH CONWAY, New Hampshire, September 10, 2024 Camden National Corporation (“Camden National”) (NASDAQ: CAC), the bank holding company for Camden National Bank, and Northway Financial, Inc. (“Northway”) (OTCQB: NWYF), the parent company of Northway Bank, announced today that they have entered into a definitive agreement under which Camden National will acquire Northway in an all-stock transaction valued at approximately $86.6 million.

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Camden National Bank Invests $10,000 to Junior Achievement of Maine to Inspire and Prepare K-12th Students for Career and Life

Camden, Maine, August 12, 2024 Camden National Bank is committed to strengthening Maine’s communities and its economic vitality, and through this commitment has pledged $10,000.00 to Junior Achievement of Maine (JA Maine) as a 2024-2025 sponsor.

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Camden National Bank Names Kim Vieira as Community Reinvestment Act Officer

Camden, Maine, July 23, 2024 Camden National Bank announced today that Kim Vieira, Commercial Banking Market Manager, has been named the bank’s Community Reinvestment Act (CRA) Officer.

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Camden National Bank Supports Lewiston Adult Education’s Teller Training

Camden, Maine, July 16, 2024 Lewiston Adult Education recently celebrated Camden National Bank’s direct donation of $5,000 to Today’s Teller, its unique teller training program designed to promote workforce development, at Camden National Bank’s Auburn branch.

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Camden National Bank now accepting 2024 Leaders & Luminaries nominations to honor outstanding nonprofit board members

Camden, Maine, July 10, 2024 Camden National Bank announced today that nominations are now open for the 2024 Leaders & Luminaries Awards. The annual awards honor four outstanding nonprofit board members who go above and beyond to dedicate themselves to strategic leadership and advancing their organizations, with a total of $20,000 in grants available.

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Camden National Bank Joins Forces with JMG as Employer Partner with $60K Investment

Camden, Maine, May 24, 2024 JMG is thrilled to announce Camden National Bank as its newest Employer Partner. This partnership is marked by a significant investment of $60,000, distributed as $20,000 annually over three years, aimed at supporting and nurturing Maine’s future workforce. This collaboration underscores Camden National Bank's dedication to community engagement and economic vitality in Maine.

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Camden National Bank Appoints Garrett McKnight as Executive Vice President, Managing Director, Camden National Wealth Management

Camden, Maine, April 25, 2024 – Camden National Bank is pleased to announce the appointment of Garrett McKnight as Executive Vice President, Managing Director of Camden National Wealth Management. McKnight succeeds Jennifer Lloyd Mirabile, who has retired after 38 years in the industry and 7 years of dedicated service to the company.

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Camden National Bank Ranked one of “World’s Best Banks” by Forbes for the Fourth Year

Camden, Maine, April 19, 2024 – Camden National Bank was named to Forbes 2024 World’s Best Banks List for the fourth consecutive year, one of 68 U.S. banks being recognized. The recognition results from a collaboration between Forbes and Statista to conduct a consumer survey that evaluated feedback from more than 49,000 banking customers across 33 countries. The banks that earned a spot were evaluated in categories such as digital services, customer service, quality of financial advice, and trust.

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Camden National Bank Appoints Andrew Forbes as Chief Human Resources Officer

Camden, Maine, April 4, 2024– Camden National Bank is pleased to announce the appointment of Andrew Forbes as Chief Human Resources Officer (CHRO). In this role, Forbes will lead critical human resources functions, including enabling and cultivating a diverse workforce to serve the financial needs of our communities and drive the company’s commitment to being a great place to work.

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Camden National Bank Promotes Barbara Raths to EVP of Commercial Banking

Camden, Maine, March 13, 2024– Camden National Bank is pleased to announce the promotion of Barbara Raths, who formerly served as director of treasury management and government banking, to executive vice president of commercial banking. In her elevated role, Raths will focus on accelerating core commercial business development across the company's footprint and will continue to lead treasury management sales and service strategies.

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Camden National Wealth Management Advisor Earns Prestigious CEPA Credential

Camden, Maine, February 27, 2024 – With a strong commitment to supporting businesses, Camden National Bank continues to help business owners navigate complex financial and business succession decisions and is proud to announce that Camden National Wealth Management’s advisor Marsha Osgood Connors has earned the Certified Exit Planning Advisor (CEPA) certification.

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Camden National Bank Hires Oscar Moreno as Senior Vice President, Director of Commercial Banking

Camden, Maine, January 10, 2024 — Camden National Bank announced today that Oscar Moreno has joined the company as senior vice president, director of commercial banking in New Hampshire. Moreno brings more than 22 years of experience managing sales teams, cultivating new business, and increasing the presence of numerous New England banks.

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