Kennebec Savings Bank
Kennebec Savings Bank is a state-chartered, mutual community bank headquartered in Augusta, Maine, founded in 1870. With over $1.8 billion in assets, the bank employs more than 200 people and serves individuals, businesses, nonprofit organizations, and municipalities throughout Maine. As a community-focused financial institution, Kennebec Savings Bank offers a full suite of banking, lending, investment management, and trust services, maintaining a longstanding reputation for quality customer service and local engagement.
Investment Strategy
Kennebec Savings Bank, through its Investment Management and Trust Services group, provides clients with personalized investment management, financial advisory, and trust administration. The bank leverages its local team of experienced trust professionals and partners with FCI Advisors, giving clients access to fiduciary-quality investment solutions backed by five decades of industry expertise. The approach emphasizes individualized client service, diversified portfolio construction, risk management, and a commitment to the long-term financial well-being of individuals, nonprofits, and municipalities within the communities it serves.
Latest 13F Filing Activity
Kennebec Savings Bank filed their most recent 13F report on Sep 30, 2025 disclosing 258 equity positions with a total 13F market value of $110M. The fund increased holdings in Apple Inc., Alphabet Inc. CL A, Nvidia Corp. among other positions. Kennebec Savings Bank reduced exposure to Advanced Micro Devices Inc., Dow Inc., British American Tobacco Adr among others.
Top Holdings
Equity Positions (258)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
A AAPL | Apple Inc. | 7.94% | $8.7M | 34,201 | $232.83 | $254.63 | +$1.7M |
M MSFT | Microsoft Corp | 6.38% | $7.0M | 13,510 | $428.76 | $517.95 | +$273.5K |
N NVDA | Nvidia Corp | 3.57% | $3.9M | 20,991 | $122.89 | $186.58 | +$585.3K |
G GOOGL | Alphabet Inc. Cl A | 3.26% | $3.6M | 14,711 | $166.27 | $243.10 | +$792.3K |
J JPM | JPMorgan Chase & Co. | 3.00% | $3.3M | 10,426 | $210.86 | $315.43 | +$259.4K |
Industry Allocation
Investment Team (1)
| Name | Role | Location | |
|---|---|---|---|
 | Commercial Loan Portfolio Manager | Portland, ME , United States |