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2 Elm Street
Camden, ME 04843

The Camden National Bank (ME) is headquartered in Camden and is the 3rd largest bank in the state of Maine. It is also the 280th largest bank in the nation. It was established in 1875 and as of March of 2014, it had grown to 445 employees at 46 locations. The Camden National Bank (ME) has a B health rating.

Reviews (4)

They're Just Like All The Others...

Yup, Camden National has finally lowered itself to the level of the national behemoth banks. Differentiating factors were the ATM fee reimbursements and free checking. Now, that's gone, based on a letter I received today. I suppose it doesn't matter a whole lot as there are other financial institutions in the Rockland, Maine area that will--including where my spouse banks. So, it's over to them. It was a good year since I gave up on TD Bank in Rockland--now there's no daylight between the two.

Camden National Bank I Am Not The Only Consumer Telling You, Your Service Sucks!

The worst banking experience yet! Absolutely not up to the task of Bank of America's customer base. Its going to take 2 days to just be able to sign-in online.

Not only that.... don't set up any payments in advance bills because if you say make the request for money to go to a credit card 14 days from now they take it out now and send it on day 12. I am one of those people that scheduled payments ahead to be on time and after a paycheck goes in. When I talked to customer service they said that is how it is. BS- and that does not stand for Better Business Bureau. That behavior would cause most people late fees with creditors or overdraft fees with the bank. Camden National Bank I am not the only consumer telling you, your service sucks! And now must face the inconvenience of moving my account to a new bank. Anyone with direct deposit can understand how fun that task is. Should've jumped ship when we heard Bank of America was going belly up here in the Northeast.  Don't believe the Forbes report of it being a good business, unless the custormer is not the consideration in their report.

Worst Bank Do Not Go!

First the customer service is horrible and are unhelpful. I sent out my loan payment and they received it (not my fault try lost it) they are charging be a late fee of $62 and if I want to make sure they don't report this to my credit, I have to pay another $19. Talk about shitty people! Never ever go here! Beware!!

Made To Feel Like A Criminal....Really??

I own a home in Maine and live in Florida.  I was needing to get money to a person who has been working on my home.  He had a CNB acct, so I decided to open one so I could easily transfer money.  I opened a savings acct and when i called to find out how to transfer to another of their customers, they didn't tell me that I couldn't do it with a savings acct, so days wasted.  I then opened a checking acct, lots of problems with that, I won't go into.  A week later, i get a call at work.  I see the 207 number show up on my caller ID.  He identifies himself and starts asking me questions.  Why am I opening a bank acct in Maine, do I live there?  I explained my story.  He made me verify a lot of data, DOB, mother's mailden name, my address, etc.  He asked me the amount of my deposits.  He wanted to know why i transferred large amounts of money into the account.  He wanted to know if I was doing an online business and if that's where the money came from.  I asked him why all the questions and I became nervous that he wasn't who he said he was, how was I to know?  I get that identity fraud happens everyday.  This man was so rude and accusatory, I felt like I was the guilty party.  I'm retired military, I pay my taxes, I work hard, go pick on someone else.  I get that you're trying to protect me, but that was a bit much.  If it wasn't such a pain to close accts out and switch money around, i would close these acct in a heartbeat.  If you don't trust people to open accounts online, don't offer it!!!  Beware of opening accts online with Camden National Bank!!!



Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 The Camden National Bank (ME) had $23.21 million in non-current loans and owned real-estate with $272.75 million in equity and loan loss allowances on hand to cover it. This gives The Camden National Bank (ME) a Texas Ratio of 8.51% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for The Camden National Bank (ME) experienced no significant changes from 8.01% as of March 31, 2013 to 8.51% as of March 31, 2014, resulting in a negative change of 6.26%. This indicates that the balance sheet and financial strength for The Camden National Bank (ME) has had no significant changes in recent periods.

Deposit Growth


In the past year, The Camden National Bank (ME) has decreased its total deposits by -$109.72 million, resulting in -5.57% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth The Camden National Bank (ME) has shown is below average.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. The Camden National Bank (ME) has $2.62 billion in assets with $272.75 million in equity, resulting in a capitalization level of 10.41%, which is above average.

Institution Statistics

FDIC Certificate #4255
Year Established1875
Primary RegulatorOCC
Assets and Liabilities
Assets$2.62 billion
Loans$1.60 billion
Deposits$1.86 billion
Equity Capital$251.08 million
Loan Loss Allowance$21.67 million
Unbacked Noncurrent Loans$20.50 million
Real Estate Owned$2.71 million
Historic Data - March 2013
Assets$2.56 billion
Equity Capital$253.64 million
Loan Loss Allowance$23.37 million
Unbacked Noncurrent Loans$20.50 million
Real Estate Owned$1.91 million
Profit Margin - Quarterly
Return on Assets0.93%
Return on Equity9.73%
Interest Income$21.39 million
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The Camden National Bank (ME) Savings Account Rates

0.10%$5k-Health Savings Account
0.10%--Pennys Piggy Bank Savings Club
0.07%$100k-Statement Savings
0.05%--Select Savings Club

The Camden National Bank (ME) Money Market Rates

0.10%$250k-Independent Money Market
0.02%$100k-Indexed Money Market Fund

The Camden National Bank (ME) Checking Account Rates

0.01%$25-Anchor Solution Checking
0.01%$25-Compass Solution Checking

The Camden National Bank (ME) has 49 locations. Click to view all The Camden National Bank (ME) locations.