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History

An extended history of the origins of Augusta, early banking in Maine, and the formation and history of Kennebec Savings Bank was originally written in commemoration of the Bank's 125th anniversary in 1995.

We hope the community, and any interested readers out there, continue to enjoy our shared story.

Table of Contents

Early Augusta
A History of Banking in Maine
Mutual Savings Banks
Early Banking in Augusta, and Freeman's Bank
The Formation of Kennebec Savings Bank
Excerpts from Governor Chamberlain’s 1870 Address to the Maine Legislature
Open for Business
The 20th Century: A Period of Growth
The Modern Era

If you would like more, we also have a short history of the building that now serves as Kennebec Savings Bank's executive headquarters, the Tappan-Viles Mansion, which celebrated its 200th anniversary in 2016!