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Febuary 9, 2007
 
Kennebunk Savings Bank President and CEO Makes a Bold Claim

KENNEBUNK, MAINE – Kennebunk Savings Bank President and CEO, Ken Reed, boldly announced a new Free Business Checking Account as the “Best Business Checking Account” – guaranteed. With many new Buzz personal checking accounts opened since its launch in January, Kennebunk Savings Bank knew it had a great checking account for retail customers. Now they’ve launched the Business Buzz Checking Account. This new account comes complete with all the benefits of the existing retail Buzz account, along with some other features just for business clients. For example, business clients are being offered the same high (4%APY) rate on a related Business Buzz Savings Account. According to President and CEO, Ken Reed, “We’re very proud to say that this new product is simply the best commercial checking account offered anywhere. The Business Buzz Account takes all that irks business customers about banks and starts fresh, offering an account that promises to free businesses from arcane ‘per item or per check’ charges and other nuisance fees.” With the Business Buzz Checking Account there is no minimum balance requirement, there are free unlimited transactions allowed, free on-line bill pay, free checks for life and the especially popular free ATM use anywhere in the world. Reed continued, “We know that switching banks can be cumbersome, so we’ve come up with an easy “switch kit” that eliminates the hard work on our customers’ part. We’re sure customers will not be able to find a better deal, anywhere.”

Advertising for the Business Buzz Account is set to break on Sunday, February 11th and will continue into April in the area’s daily newspapers.

For more information contact:

Heather Harris
Community Relations Officer
Kennebunk Savings Bank
1-800-339-6573


With 12 banking offices and financial centers from Kennebunk to Kittery, Kennebunk Savings has over $700 million in assets and is the eighth largest independent bank in Maine. It is York County’s leading community bank and regularly invests 10% of its annual earnings back into the communities it serves. This year that investment will exceed $700,000. Kennebunk Savings Bank has been York County’s leading mortgage lender for over five years, is a three-time recipient of the Finance Authority of Maine (FAME) Bank of the Year Award, and a winner of the Maine Businesses for Social Responsibility Eagle Feather Award. The bank offers a full range of retail and business banking and loan products and through subsidiaries offers insurance products, employee benefits, as well as financial planning and investments.

Learn more about Kennebunk Savings Bank's Community Investment Program.
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