News : Small businesses and responsiveness key to Kennebunk Savings vision
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)....
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