Peoples Heritage Financial Group announced yesterday that it plans to buy Mid Ma

Source

Portland Press Herald

Date

11-25-1993

Pages

17B

Abstract

Peoples Heritage Financial Group announced yesterday that it plans to buy Mid Maine Savings Bank of Auburn for about $11.5 million. Mid Maine, with assets of about $184 million, has six Maine branches and one large branch in Hampton, New Hampshire. The Hampton Branch, which alone holds about $90 million of Mid Maine's assets, will be merged with the First National Bank of Portsmouth, a Peoples subsidiary.

Subjects

Banks and banking, Mid Maine Savings Bank, TD Banknorth

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