Damariscotta Bank & Trust

Damariscotta Bank & Trust was established on January 22, 1973, originally operating under the name Damariscotta Bank & Trust Co. The institution initially had full trust powers, which it maintained until April 24, 2007, when it changed its trust powers to none. Throughout its operational history, Damariscotta Bank & Trust served the financial needs of its community in Maine. On December 1, 2020, Damariscotta Bank & Trust merged with and became part of Bangor Savings Bank, headquartered in Bangor, Maine, marking the end of its independent operations.

Below is a list of some important events in banks history, including mergers and acquisitions.

1973-01-22Institution established. Original name: Damariscotta Bank & Trust Co..

1973-01-22Changed Institution Name to Damariscotta Bank & Trust Co..

1973-01-22Changed Trust Powers to Full.

2007-04-24Changed Trust Powers to None.

2020-12-01Merged and became part of Bangor Savings Bank in Bangor, ME.