In June, we announced our intent to merge with Kennebec Savings Bank – an outstanding community bank that shares our same values and strong commitment to the communities we mutually serve.
Since the announcement, our teams at KFS and KSB have been working together to take the steps necessary to complete the merger. Through everyone’s hard work, we are making excellent progress. We remain committed to making this a smooth, seamless and timely transition. At this time, we expect the merger to be complete on March 8, 2021.
We will continue to keep you informed as merger progresses.
Announcing our plans to merge with with Kennebec Savings Bank
In the next 5-8 months, Kennebec Federal Savings will merge with Kennebec Savings Bank, another outstanding community bank that has been serving the people of Kennebec County for 150 years. Like KFS, Kennebec Savings Banks is known for their outstanding commitment to personal service, teamwork, and community.
That’s why this merger is the right next step into our future. Together, we will be able to offer more products, services, and convenient branch locations, but with the very same commitment to our customers and community.
To put it simply: all of the great employees, community involvement, and personal service you love will continue to serve you. And then some!
Where can I learn more?
We understand that you will have many questions as we move forward with the merger. Rest assured that we are committed to keeping you informed and making this a smooth transition for all.
Get answers to some of your questions here: Customer FAQs 061820
Learn more about Kennebec Savings Bank here: https://www.kennebecsavings.bank/
Please also feel free to reach out to our branch staff or either one of us personally should you have questions specific to your own financial situation.