Kennebec Savings Bank is a bank based in Augusta, Maine, established in 1870, with $1.8 billion in total assets across 8 branches. By Trust Grade it ranks 13th of 22 banks we track in Maine. Its capital ratio of 13.2% is stronger than 86% of similarly sized banks, versus a Maine median of 10.5%. It was profitable over the most recent period, with a 0.56% return on assets. No consumer complaints against Kennebec Savings Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Kennebec Savings Bank compares to Maine peers
How we graded Kennebec Savings Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (13.2% capital ratio)
- Profitable (ROA 0.56%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Kennebec Savings Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (8)
- 150 State St, Augusta, ME 04330
- 84 Main St, Winthrop, ME 04364
- Granite Hill Estates, 60 Balsam Drive, Hallowell, ME 04347
- 226 Main St, Waterville, ME 04901
- 11 Washington St, Waterville, ME 04901
- 1 Northern Ave, Farmingdale, ME 04344
- 181 Lower Main St, Freeport, ME 04032
- 53 Baxter Boulevard, Portland, ME 04103
Are deposits at Kennebec Savings Bank insured?
Yes. Kennebec Savings Bank is an FDIC-insured bank (FDIC certificate #17897). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Kennebec Savings Bank: frequently asked questions
Is Kennebec Savings Bank a good bank?
Kennebec Savings Bank earns a Bankzia Trust Grade of A (94/100, "Excellent"), based on a financial-strength score of 94/100 (it has no CFPB complaints on record). Strongly capitalized (13.2% capital ratio); Profitable (ROA 0.56%).
Is Kennebec Savings Bank FDIC-insured?
Yes. Kennebec Savings Bank is a FDIC-insured bank (FDIC certificate #17897). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Kennebec Savings Bank?
Kennebec Savings Bank holds $1.8 billion in total assets, ranking 13th of 22 banks we track in Maine. It operates 8 branches.
Does Kennebec Savings Bank have CFPB complaints?
No CFPB complaints against Kennebec Savings Bank appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
