News : Small businesses and responsiveness key to Kennebunk Savings vision

Dec 26, 2011

From Portsmouth Herald

By Jim Cavan

PORTSMOUTH — With criticism of large financial institutions at an all-time high, few seem willing to make the distinction between big regional banks and the more local community banks.

Here in Portsmouth, Kennebunk Savings — one of the region's oldest community banks — is planning for growth within its industry, choosing to hitch on to what has always been a tried and true wagon of growth: small businesses.

In late July, Kennebunk Savings officially announced the configuration of a new small-business lending program. Rather than house all of its lending under one, all-encompassing umbrella, Maine-based Kennebunk Savings will instead have separate offices for businesses large (anything more than $1 million) and small (anything between $5,000 and a $1 million)....

Read the full story in the Portsmouth Herald by clicking here!