The First National Bank of Fort Kent, Maine was organized by Paul D. Thibodeau on July 7, 1919. It commenced doing business on December 10, 1919 with a capital of $25,000.00. The officers elected were Paul D. Thibodeau as President; Henry W. Nadeau as First Vice-President; Fred E. Michaud as Second Vice-President; Arthur A. Hebert as cashier. The Directors were Paul D. Thibodeau, Henry W. Nadeau, Fred E. Michaud, Irenée Cyr, Ulderic Dumond, Maxime P. Gagnon, Albert R. Michaud, Saul Michaud, T. T. Michaud, Cleophas Nadeau, Philip A. Roy, William L. Savage, T. A. St. John, Frank A. O’Connell, Henry W. Theriault.
