July 3, 2014
New York bank plans Portland expansion
NBT Bank, a federally chartered bank based in Norwich, N.Y., is planning to open an office in Portland this year that will focus on commercial banking and wealth management.
The Albany Business Review reported that a specific timeline was not available for NBT’s Portland expansion. The Portland office will be the bank’s first in Maine.
NBT currently has 158 locations and 1,263 employees across New York, Pennsylvania, Vermont, Massachusetts and New Hampshire.
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