Skip to content
FinObservatory

County banking markets / ME / 23005

CumberlandMaine

FIPS 23005. Branch offices reported to the FDIC Summary of Deposits, June 30 of each survey year, 19942025. One of 16 counties in Maine’s 2025 survey.

120
Branch offices
June 30, 2025
19
Institutions
13 in 1994
860
Branch-count HHI
unconcentrated (2010 HMG)
1,121
Deposit HHI
see the caveat below

Concentration, 19942025

Branch-count HHI squares each institution’s share of the county’s branch offices; deposit HHI squares its share of county deposits. The bands are the 2010 Horizontal Merger Guidelines classification, the dashed line the 1,800 level above which the Federal Reserve reviews a merger centrally. In 2025 this market is unconcentrated on branches (860) and unconcentrated on deposits (1,121).

Branch-count HHIDeposit HHI
02,0004,0006,0008,0001,800 (Fed screen)19942000201020202025

Source: FDIC Summary of Deposits | DOJ & FTC, Horizontal Merger Guidelines (2010), section 5.3 | Federal Reserve, Competitive Effects of Mergers and Acquisitions FAQs Both indices computed from the SOD branch rows for this county, June 30 of each survey year. Neither is the Fed's screen HHI: no thrift weighting, no exclusion of specialty and internet banks, no central-booking adjustment. Methodology

Branches and institutions

97 branch offices and 13 institutions in 1994; 120 and 19 in 2025. Deposits booked in the county went from $3.40B to $15.59B, nominal.

Branch officesInstitutions
05010015019942000201020202025

Source: FDIC Summary of Deposits FDIC Summary of Deposits, June 30 of each survey year, 1994-2025. Methodology

Who holds the deposits, 2025

Every institution with a branch in the county, ranked by deposits booked here. Both shares are shown because they are the two indices above: squaring and summing the deposit column gives the deposit HHI, the branch column the branch-count HHI.

#InstitutionDepositsDeposit shareBranchesBranch share
1Northeast Bank cert 19690$2.78B17.86%43.33%
2TD Bank, National Association cert 18409$2.64B16.96%1310.83%
3Bank of America, National Association cert 3510$1.95B12.52%108.33%
4KeyBank National Association cert 17534$1.78B11.45%119.17%
5Maine Community Bank cert 17741$1.54B9.91%1613.33%
6Bangor Savings Bank cert 18408$1.01B6.49%108.33%
7Norway Savings Bank cert 17658$856.5M5.49%1613.33%
8The Camden National Bank cert 4255$683.5M4.38%43.33%
9Machias Savings Bank cert 19531$547.7M3.51%10.83%
10Bath Savings Institution cert 17749$494.6M3.17%97.50%
11Androscoggin Savings Bank cert 17751$459.6M2.95%32.50%
12Saco & Biddeford Savings Institution cert 17743$233.4M1.50%43.33%
13Manufacturers and Traders Trust Company cert 588$222.9M1.43%86.67%
14JPMorgan Chase Bank, National Association cert 628$126.9M0.81%54.17%
15Kennebec Savings Bank cert 17897$99.1M0.64%21.67%
16NBT Bank, National Association cert 7230$52.7M0.34%10.83%
17Katahdin Trust Company cert 12874$41.1M0.26%10.83%
18Bar Harbor Bank & Trust cert 11971$36.8M0.24%10.83%
19Skowhegan Savings Bank cert 19532$13.9M0.09%10.83%

Source: FDIC Summary of Deposits June 30, 2025. Branch rows grouped by FDIC certificate; names as reported to the survey. Deposit share is n/a where the county's total SOD deposits are zero. Methodology

Back to county banking markets, up to Maine, or read the methodology for the two HHI constructions and what they cannot tell you.