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Camden National Corporation is a bank holding company headquartered in Camden, Maine. It was founded in 1875 as the Camden National Bank and has since grown to become a major financial institution in Maine with over 60 branches throughout the state. It provides a range of banking and financial services to individuals, businesses, and municipalities, including personal and business checking and savings accounts, loans and mortgages, investment and wealth management, and insurance. Camden National Corporation is publicly traded on the NASDAQ under the ticker symbol CAC. It is committed to supporting local communities and businesses and has received numerous awards and recognition for its responsible and sustainable business practices.
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Camden National
-13.9%
Financial services / Banking and Financial Services
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Camden National Corporation is a bank holding company headquartered in Camden, Maine. It was founded in 1875 as the Camden National Bank and has since grown to become a major financial institution in Maine with over 60 branches throughout the state. It provides a range of banking and financial services to individuals, businesses, and municipalities, including personal and business checking and savings accounts, loans and mortgages, investment and wealth management, and insurance. Camden National Corporation is publicly traded on the NASDAQ under the ticker symbol CAC. It is committed to supporting local communities and businesses and has received numerous awards and recognition for its responsible and sustainable business practices.
What is special about the company?
1. A long history: Camden National Bank was founded in 1875, making it one of the oldest banks in Maine. This long history has enabled the bank to build strong relationships with customers and communities.
2. Local focus: The bank's headquarters and branches are all located in Maine, allowing them to have a deep understanding of the local market and provide customized financial solutions to their customers.
3. Commitment to community: Camden National has a strong commitment to giving back to the communities it serves. The company supports a wide range of local organizations and initiatives, such as education, economic development, and community revitalization projects.
4. Personalized customer service: Camden National prides themselves on providing personalized customer service, making each customer feel valued and understood. They offer a variety of products and services tailored to fit the needs of their customers.
5. Strong financial stability: Camden National has a solid financial track record, with consistent profitability and a strong balance sheet. This stability gives customers peace of mind and confidence in the company's ability to protect their assets.
6. Innovative technology: Despite its long history, Camden National is committed to staying on the cutting edge of technology and offers a range of digital services for convenient and secure banking.
7. Corporate social responsibility: The company is committed to operating ethically and sustainably, and has implemented numerous initiatives to reduce their environmental impact and promote diversity and inclusion within the company.
8. Industry recognition: Camden National has received numerous accolades and awards for their customer service, community involvement, and financial performance, including being named one of the "Best Banks to Work For" by American Banker Magazine.
2. Local focus: The bank's headquarters and branches are all located in Maine, allowing them to have a deep understanding of the local market and provide customized financial solutions to their customers.
3. Commitment to community: Camden National has a strong commitment to giving back to the communities it serves. The company supports a wide range of local organizations and initiatives, such as education, economic development, and community revitalization projects.
4. Personalized customer service: Camden National prides themselves on providing personalized customer service, making each customer feel valued and understood. They offer a variety of products and services tailored to fit the needs of their customers.
5. Strong financial stability: Camden National has a solid financial track record, with consistent profitability and a strong balance sheet. This stability gives customers peace of mind and confidence in the company's ability to protect their assets.
6. Innovative technology: Despite its long history, Camden National is committed to staying on the cutting edge of technology and offers a range of digital services for convenient and secure banking.
7. Corporate social responsibility: The company is committed to operating ethically and sustainably, and has implemented numerous initiatives to reduce their environmental impact and promote diversity and inclusion within the company.
8. Industry recognition: Camden National has received numerous accolades and awards for their customer service, community involvement, and financial performance, including being named one of the "Best Banks to Work For" by American Banker Magazine.
What the company's business model?
The Camden National company's business model is centered around providing financial services, such as banking, lending, wealth management, and insurance, to individuals, businesses, and communities in Maine and beyond. They aim to build long-term relationships with their customers and provide personalized solutions to meet their financial needs. The company focuses on delivering excellent customer service, staying financially stable, and supporting the communities they serve through various initiatives and partnerships. Camden National also emphasizes innovation and technology to continuously improve their products and services and adapt to changing market conditions.
Interesting facts about the company
1. Camden National Corporation is a bank holding company based in Camden, Maine, United States.
2. The company was founded in 1875 with the establishment of Camden National Bank.
3. Originally known as the Camden Bank & Trust Company, it changed its name to Camden National Bank in 1921.
4. Camden National Corporation became a publicly traded company in 1986 and is listed on the NASDAQ stock exchange under the ticker symbol CAC.
5. The company has expanded through a combination of organic growth and acquisitions. As of 2021, it has over 60 branches and 85 ATMs in Maine, serving more than 100,000 customers.
6. In addition to traditional banking services, Camden National Corporation also offers investment management, trust and estate services, and merchant services.
7. The company has consistently been recognized for its financial performance, customer service, and community involvement. It has been named one of the Best Banks to Work For by American Banker magazine for 10 consecutive years.
8. In 2020, Camden National Corporation was named the third best-performing bank in the United States by S&P Global Market Intelligence.
9. The company has a strong commitment to sustainability and has been recognized for its efforts in environmental stewardship and responsible business practices.
10. Camden National Corporation is a major supporter of local communities and organizations in Maine, providing donations, sponsorships, and volunteer opportunities to help improve the well-being of its neighbors.
See Company Due Diligence:
2. The company was founded in 1875 with the establishment of Camden National Bank.
3. Originally known as the Camden Bank & Trust Company, it changed its name to Camden National Bank in 1921.
4. Camden National Corporation became a publicly traded company in 1986 and is listed on the NASDAQ stock exchange under the ticker symbol CAC.
5. The company has expanded through a combination of organic growth and acquisitions. As of 2021, it has over 60 branches and 85 ATMs in Maine, serving more than 100,000 customers.
6. In addition to traditional banking services, Camden National Corporation also offers investment management, trust and estate services, and merchant services.
7. The company has consistently been recognized for its financial performance, customer service, and community involvement. It has been named one of the Best Banks to Work For by American Banker magazine for 10 consecutive years.
8. In 2020, Camden National Corporation was named the third best-performing bank in the United States by S&P Global Market Intelligence.
9. The company has a strong commitment to sustainability and has been recognized for its efforts in environmental stewardship and responsible business practices.
10. Camden National Corporation is a major supporter of local communities and organizations in Maine, providing donations, sponsorships, and volunteer opportunities to help improve the well-being of its neighbors.
See Company Due Diligence:
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