Merrill Merchants Bank Explained

Merrill Merchants Bank
Type:Bank
Foundation:1992
Location:Bangor, Maine, U.S.
Industry:Financial services
Products:Savings
checking; consumer loans; mortgages; credit cards

Merrill Merchants Bank was a bank based in Bangor, Maine, United States. It was founded in 1992 as a Maine-based institution which sought "to return local control to Bangor banking." William C. Bullock Jr. led the bank from its founding until his retirement in 2004.[1] Leonard Minsky served as the bank's founding director.[2] In 2008, it was acquired by People's United Bank.[1] It was established with 75 employees, 7 branches, and $74 million in assets.[3]

Notes and References

  1. News: Burnham . Emily . Founder of Merrill Merchants Bank in Bangor dead at 86 . Bangor Daily News . 27 December 2022.
  2. News: Burnham . Emily . Leonard Minsky, Bangor businessman and philanthropist, dies at age 94 . Bangor Daily News . 23 February 2022.
  3. News: Cocheo . Steve . Started from "cuttings", Maine startup grows deep roots . American Bankers Association . October 2003.