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Staff recommends First National for RSU 40 banking after Camden bid missed deadline
RSU 40 Finance Committee · March 19, 2026
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Summary
Staff said First National offered the most responsive services in a banking RFP; Camden National's bid arrived after the cutoff and Bangor Savings would impose fees. The committee voted to accept First National's RFP and will update the full board.
Staff reported that RSU 40 issued a banking RFP to three local banks: Bangor Savings, First National and Camden National. According to staff, First National was the most persistent and responsive bidder and offered mobile banking and services for students and staff. Camden's proposal arrived several…
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