Camden, Maine, March 5, 2014– The ABS Center for Engineering, Science and Research at Maine Maritime Academy received a sizeable donation from longtime supporter Camden National Bank as part of an effort to raise funds to build a state-of-the-art science facility at the Castine campus.
“Maine Maritime is a world-class institution providing graduates with the skills and education to succeed in a wide array of fields around the globe. When we think of the benefit to our customers of the investments we make in online and mobile technology we often use Maine Maritime graduates as an example. These are professionals who will ship out around the world and we want them to retain their ties to Maine. Camden National is very proud to be a part of this project and continues to value our partnership with the academy,” said Greg Dufour, President and CEO of Camden National Bank.
Camden National Bank and its affiliate Acadia Trust N.A. have a strong relationship with the academy and partner with them on a number of initiatives. Last fall, Camden National and Maine Maritime Academy launched a financial literacy series which is designed to help students learn the ins and outs of managing their finances. They will be offering another class in the spring that is geared to the graduating seniors. In addition to helping prepare students for their financial future Camden National will be opening a new space in their Castine branch called The Camden Landing — a wi-fi enabled location for both the students and residents of Castine to conduct meetings, or simply have a quiet place to go.
“Camden National Bank has been very generous to the academy over the years, and we are thrilled to have their support of this project,” said Dr. William J. Brennan, President of Maine Maritime Academy. “The bank has been tremendously responsive to the needs of our students, and this is another example of their commitment to the campus and our community.” The gift will help to leverage additional funding from an anonymous foundation that has pledged to match gifts to the ABS Center.
Construction of the 3-story, 30,000-square-foot building is scheduled to be complete in January of 2015 and will incorporate sustainable features, including a storm water collection system, and locally produced materials, such as Maine brick and granite. The ABS Center will be home to renewable and ocean energy laboratories, an innovation center, and testing and materials labs.
About Camden National Corporation
Camden National Corporation, recognized by Forbes as one of “America’s Most Trustworthy Companies” in 2012 and 2013*, is the holding company employing more than 480 Maine residents for two financial services companies including Camden National Bank and the wealth management company, Acadia Trust, N.A.. Camden National Bank is a full-service community bank with a network of 44 banking offices throughout Maine. As a wholly owned subsidiary of Camden National Corporation, Acadia Trust, N.A., offers comprehensive wealth management services to high net worth clients, businesses and institutions from their offices in Portland and Ellsworth. For more information on Acadia Trust, N.A. visit www.acadiatrust.com. Located at Camden National Bank, Camden Financial Consultants offers full-service brokerage and insurance services. Learn more at www.CamdenNational.com. Member FDIC. *From Forbes.com March 18, 2013. © 2013 Forbes.com LLC. All rights reserved. Used by permission and protected by the Copyright Laws of the United States.”
About Maine Maritime Academy
Maine Maritime Academy is a co-educational, public college on the coast of Maine offering 18 degree programs in engineering, management, science and transportation. The college’s persistence, retention and graduation rates are well above national averages. The job placement rate for MMA graduates is in excess of 90 percent within 90 days of graduation. For more information, visit mainemaritime.edu.