August 14, 2013 
Tracy Dean

Skowhegan Savings Receives Regulatory Approval
to Acquire Five Franklin County Branches


SKOWHEGAN, Maine - August 14, 2013 - Skowhegan Savings announced today that it has received the required regulatory approval to purchase Camden National Bank's five Franklin County branches located in Farmington, Kingfield, Phillips, Rangeley and Stratton. The transaction is expected to close in early October 2013 when the five Camden National Bank branches open as Skowhegan Savings.


Skowhegan Savings President and Chief Executive Officer John Witherspoon said, "We look forward to welcoming our new customers to the Skowhegan Savings family." Witherspoon continued, "Skowhegan Savings has been serving Franklin County from our central Maine locations for many years, and as a Franklin County resident, I'm especially excited to expand our branch franchise and bring our brand of community banking to The County."


Skowhegan Savings is dedicated to making this transition as seamless as possible for its new customers. Affected customers should expect to receive notifications from Skowhegan Savings over the next few weeks outlining details of the transition, which is scheduled to take place in early October.


Headquartered in Skowhegan, Maine, Skowhegan Savings has provided community banking services to the people and businesses of Central and Western Maine since 1869. Prior to this acquisition, Skowhegan Savings had 10 branches covering Somerset, Kennebec, and Penobscot Counties. The addition of the five Franklin County branches marks Skowhegan Savings' entrance into Franklin County which will expand and solidify its presence in Western Maine while providing its customers even more locations to conduct their banking business.


About Skowhegan Savings:
Skowhegan Savings, founded in 1869, is an independent mutual savings bank dedicated to strengthening the Maine families, businesses and communities it serves. Named as one of Maine's Best Places to Work in each year from 2009-2012, Skowhegan Savings' team of friendly, committed employees takes pride in delivering personalized, competitive banking services offering straight forward banking advice and fair deals for customers. An innovative and progressive approach to banking ensures their customers enjoy a banking experience that is quick, easy and convenient. Skowhegan Savings' ten Maine branches include two locations in Skowhegan, as well as locations in Augusta, Belgrade (full service ATM only), Bingham, Dexter, Fairfield, Jackman, Madison, Norridgewock, and Pittsfield. For more information, visit or contact Customer Service at 800-303-9511.