Peoples Heritage Financial Group announced Monday that it is creating a separate

Source

Portland Press Herald

Date

6-29-1993

Pages

1C

Abstract

Peoples Heritage Financial Group announced Monday that it is creating a separate subsidiary to handle its mortgage business, and that Glenn H. McAllister, former head of Citibank (Maine), will head the new department. Peoples, with assets of $2.3 billion, last year wrote $322 million in mortgages for one to four unit homes.

Subjects

TD Banknorth, McAllister, Glenn H

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