As recently as 1990, one institution, Maine National Bank, controlled nearly 30

Authors

Source

Portland Press Herald

Date

2-8-1994

Pages

1C, 8C

Abstract

As recently as 1990, one institution, Maine National Bank, controlled nearly 30 percent of the state's trust assets -- The failure of Maine National and a renewed interest in trust accounts among other banking instutitions in the state has resulted in 16 trust companies in Maine managing $73 billion, with the average account holding $539,665 in assets -- Details

Subjects

Banks and banking, Trusts and trustees

Full text is not available here. Please contact the Library for a copy of the article.

Share

COinS