Skip Maine state header navigation

Agencies | Online Services | Help

Skip All Navigation

Maine.gov > PFR Home > Bureau of Financial Institutions > Notices to Interested Parties
>> All Notices by date

BANK SUPERINTENDENTíS NOTICE

TO INTERESTED PARTIES

                                        

            This is to inform you that we have received an application, pursuant to 9-B MRSA Chapter 35, for Spinnaker Trust, Portland, Maine to merge with and into Ram Trust Company, Portland, Maine (“Ram”), under the name of Spinnaker Trust.  The Bureau has also received an application filed by Robert C. S. Monks, pursuant to Title 9-B MRSA §1015, to acquire approximately 49% of Ram.  The ownership change will occur prior to the merger of Ram and Spinnaker Trust. 

            You may submit written comments on this application to the Bureau of Financial Institutions, 36 State House Station, Augusta, Maine 04333-0036 or electronically through the Bureau of Financial Institutions’ Web site at http://www.maine.gov/pfr/financialinstitutions/index.shtml.  A hearing on this application will be held by the Bank Superintendent, as provided in 9-B MRSA Section 252, upon receipt of a bona fide and reasonable request.  The Bureau will accept written comments and requests for a hearing through Friday, May 25, 2012.  The Superintendent's decision on these applications will be based on the decision-making criteria set forth in 9-B MRSA Section 253.


                                                                                    Lloyd P. LaFountain III
                                                                                    Superintendent

Gardiner, Maine
April 24, 2012

 

Last Updated: June 5, 2013