Kennebunk Savings is headquartered in KENNEBUNK and is the 8th largest bank in the state of Maine. It is also the 617th largest bank in the nation. It was established in 1871 and as of June of 2024, it had grown to 314 employees at 17 locations. Kennebunk Savings has a B+ health rating.
Kennebunk Savings Is AWFUL
Avoid KENNEBUNK SAVINGS BANK. I am closing all accounts immediately. EXTREMELY difficult to work with and completely inept. I have tried a few times to correct the zipcode attached to account to no avail. They are also refusing to execute a transaction on my behalf on the pretense they are "protecting" me. As the owner of the account, that is verbally authorizing the transaction, this is unacceptable. The amount of interest they earn long term off my 3 accts FAR exceeds the transfer amount. Ridiculous
Data as of Q2 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 13063 |
| Year Established | 1871 |
| Employees | 314 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.37% |
| Return on Equity - YTD | 4.6% |
| Annual Interest Income | $38.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2024vs Q2 2023 | $1.85B$1.81B |
| Loans | Q2 2024vs Q2 2023 | $1.45B$1.37B |
| Deposits | Q2 2024vs Q2 2023 | $1.61B$1.6B |
| Equity Capital | Q2 2024vs Q2 2023 | $148MM$137MM |
| Loan Loss Allowance | Q2 2024vs Q2 2023 | $16.5MM$16.1MM |
| Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $701K$1.2MM |
| Real Estate Owned | Q2 2024vs Q2 2023 | $0$0 |
