Merrill Merchants Bank was an American bank based in Bangor, Maine. The bank operated from 1992 until 2008, when was acquired by People's United Bank.[1]
| Company type | Public company |
|---|---|
| Holding company Nasdaq: MERB | |
| Industry | Financial services |
| Founded | 1992 |
| Defunct | 2008 |
| Fate | Acquired |
| Successor | People's United Financial |
| Headquarters | , |
Area served | Maine |
Key people | William C. Bullock Jr (founder and president) |
| Products | Banking services, savings, checking, consumer loans, mortgages, and credit cards |
| Website | www |
History
editThe bank was founded in 1992 as a Maine-based institution which sought "to return local control to Bangor banking." It was established by buying seven former Fleet Bank offices in the area and had 75 employees, 7 branches, and $74 million in assets.[2] 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.[3]
In 2008, it was acquired by People's United Bank.[1]
References
edit- ^ a b c Burnham, Emily (December 27, 2022). "Founder of Merrill Merchants Bank in Bangor dead at 86". Bangor Daily News.
- ^ Cocheo, Steve (October 2003). "Started from "cuttings", Maine startup grows deep roots". American Bankers Association.
- ^ Burnham, Emily (23 February 2022). "Leonard Minsky, Bangor businessman and philanthropist, dies at age 94". Bangor Daily News.
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