Camden National Bank Boosts Transitional Housing Support With $55,000 Donation

CAMDEN, MAINE — Camden National Bank recently donated $55,000 to Family Promise of Southern New Hampshire to help finalize the expansion of their Transitional Housing Program to house up to eight families. The nonprofit organization provides vital housing and case management for families temporarily experiencing homelessness.

The funding supports the renovation of the former Vintage Grace Adult Day Care facility in Derry, transforming it into a welcoming space for families. The updates included converting rooms into eight private family suites, enhancing the kitchen, dining, laundry, and living areas, and creating dedicated conference rooms and administrative offices.

“Community and giving back have been at the heart of Camden National Bank for 150 years,” Renée Smyth, the executive vice president and chief experience & marketing officer at Camden National Bank, said. “Our investment in transitional housing reflects our deep commitment to helping families build sustainable, independent futures.”

In 2024, Family Promise of Southern New Hampshire was awarded $625,000 from the New Hampshire Community Development Finance Authority (NHCDFA) Tax Credit Program to support the expansion of their Transitional Housing Program to a second facility, increasing access to critical services for families within the region. As they approached the state’s fiscal year-end, the organization needed the remaining $55,000 to complete tax credits.

“We’re very grateful for Camden National Bank’s generous support and belief in our mission,” Pam Wellman, the executive director of Family Promise of Southern New Hampshire, said. “This donation came in at the end and enabled us to open our facility to eight families just in time for the school year, providing children with the stability and safety of a home environment. Contributions like this truly transform lives and empower families to thrive.”

About Camden National Corporation

Camden National Corporation (NASDAQ: CAC) is Northern New England's largest publicly traded bank holding company, with $7.0 billion in assets. Founded in 1875, Camden National Bank, with 72 banking centers in Maine and New Hampshire, is a full-service community bank offering the latest digital banking, complemented by award-winning, personalized service. Additional information is available at CamdenNational.bank. Member FDIC. Equal Housing Lender. Comprehensive wealth management, investment, and financial planning services are delivered by Camden National Wealth Management.

About Family Promise

Founded in Summit, New Jersey, Family Promise is the leading national nonprofit addressing the crisis of family homelessness. The organization, comprised of approximately 200 Affiliates, tackles the range of issues that can lead to homelessness. From prevention services to emergency shelter to post-program stabilization, Family Promise ensures families develop vital skills, have access to critical resources, and receive ongoing support to achieve lasting independence. The organization has served more than one million family members since its founding over 35 years ago. To learn more about Family Promise, visit familypromise.org.

About Family Promise of Southern New Hampshire

Family Promise of Southern New Hampshire has been dedicated to helping families facing homelessness remain together and achieve lasting independence. Our approach combines case management, financial literacy education, and mentoring services to address the root causes of poverty and homelessness. We are proud to be an affiliate of Family Promise, the leading national nonprofit addressing family homelessness. Learn more at FamilyPromiseNH.org.

Submitted by Camden National Bank