Northern Bank history

On 1st April 1965 the news broke that the Midland Bank (as London City & Midland Bank was now known) were proposing to purchase all the share capital of Northern Bank.

Further bank groupings, although not yet mergers, would soon take place on the island of Ireland with groups coming into being by 1967:

On 20th November 1968, the staff were informed of the creation of ‘United Northern Banks Limited’ to, at a later date, complete the integration of the 2 banks.

Assets climbed to $115 million by 1969, and Casco Bank was the recognized leader in the southwest region of the state.

50 years ago, on 1st July 1970, the Belfast Banking Company Limited and Northern Bank Limited merged into Northern Bank now known today as Danske Bank.

Keeping in step with the times, the bank expanded and relocated in 1972, purchasing the former New Jersey Zinc - Horse Head Inn at the corner of Fourth Street and Lafayette Avenue.

On January 1, 1980, in order to reduce Federal Reserve requirements and operate with higher lending limits, the Federal Charter was relinquished in favor of a State Charter, and the Bank's name was changed to First Northern Bank of Dixon.

Assets approximated $735 million in 1984, and 56 branch offices served people throughout Maine.

A depository Branch was opened in South Davis. (In 1986, this depository office was consolidated into the Davis Office.)

In early 1994 KeyCorp, a Cleveland-based holding bank with over $61 million in assets, offered to purchase both Casco Northern Bank in Maine and the Bank of Vermont.

In 1995, a new parking lot was created across Main Street from the bank, and as a gift to the community, the bank commissioned D. Michael Thomas to create two three-quarter-life-size bronzes memorializing the Johnson County War.

In the fall of 2005, First National Bank opened a loan production office in Gillette that handles mortgage lending for the Gillette area.

A full service Branch was opened on the Harbor in Suisun City. (In March 2007, the Suisun Branch was closed due to slower than projected growth in the city.

In 2008, this office was consolidated into the Woodland Branch.

In early 2009, the bank opened its first full-service branch, then called First National Bank of Sheridan, located at 29 North Gould Street in Sheridan.

In July of 2012 after 127 years as First National Bank of Buffalo, the bank filed an application with the Wyoming Department of Banking to convert from a national banking charter to a state charter.

In November of 2015 after operating the Gillette Loan Production Office for ten years, the Bank opened its third full service office located at 200 South Kendrick Avenue in Gillette, with Justin Holcomb acting as its Market President.

Danske Bank launches an investigation into its Estonian branch in 2017 following suspicions that systematic money laundering may have occurred.

In 2019, Danske Bank leaves Estonia following an order from the authorities and at the same time decides to start winding down its activities in Latvia, Lithuania and Russia.