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Kennebec Savings Bank, Kennebec Federal Savings merger imminent


Kennebec Savings Bank, Kennebec Federal Savings merger imminent
The banks will become Kennebec Savings Bank when the merger is completed at 5:01 p.m. on March 5.
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WATERVILLE Two central Maine banking institutions with similar names will merge March 5 after years of planning for the move.
Kennebec Savings Bank at 226 Main St. and Kennebec Federal Savings, also known as KFS, with a main office at 70 Main St. downtown and a branch office at 11 Washington St., will become Kennebec Savings Bank when the merger is complete at 5:01 p.m. on March 5, according to Andrew Silsby, president and chief executive officer of Kennebec Savings. ....

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