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Our Firm :: History


Acadia Trust, N.A. is the trust and investment subsidiary of Camden National Corporation, a financial services holding company headquartered in Camden, Maine. Camden National Corporation subsidiaries include Acadia Trust and Camden National Bank, a community bank since 1875.

The Portland, Maine office of Acadia Trust originated in 1984 with the founding of Gouws Capital Management, Inc. as an independent, SEC-registered investment advisor.

To broaden the capacity to serve clients, Acadia Trust was chartered in 1992 as an affiliated, non-depository trust company. It is a national bank that is regulated by the Comptroller of the Currency, a department of the U.S. Treasury.

Our Bangor, Maine office was originally established as Fiduciary Services, Inc. in 1993 to provide comprehensive retirement plan administration services. To broaden its range of capabilities by acquiring the ability to serve as trustee and custodian, Trust Company of Maine was chartered in 1994 as a non-depository trust company, and it subsequently absorbed the business of Fiduciary Services, Inc.

In 2001, the aforementioned entities were acquired by Camden National Corporation, and combined under the Acadia Trust banner, serving clients from offices in Portland and Bangor.

In January of 2008, Union Bankshares Company was acquired by Camden National Corporation. As a result, the trust department of Union Trust became a part of Acadia Trust, which now serves clients from three locations: Portland, Bangor and Ellsworth.

Acadia Trust would like to welcome its former Union Trust clients. You may continue to access your accounts online by clicking the following link:

Former Union Trust Clients Online Account Access

 

 

   

 

 

Join the Penobscot Marine Museum in Celebrating the opening of the exhibition

Maine Streets: Selections from the Photographic Archives at the Penobscot Marine Museum

On view at the Acadia Trust, NA offices in Portland, Maine
511 Congress Street, Suite 900

From March 14 - May 9

The opening reception will be March 14th from 6:00 to 8:00pm.

Click here for more details.