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January 3, 2025

Kennebec Savings CFO to retire after 41 years in banking

Debbie Getchell, Kennebec Savings Bank’s senior vice president and chief financial officer, retired on Dec. 31 after a 41-year career in finance.

Getchell has been a part of the bank's leadership team since 2011. Before joining Kennebec Savings, she spent 28 years at Machias Savings Bank.

Photo / Courtesy Kennebec Savings Bank
Debbie Getchell

When the Machias native joined the bank, its assets were $795 million and the team consisted of 92 employees. It now has $1.8 billion in assets and 314 employees.  

“Debbie’s impact on the bank’s trajectory cannot be overstated,” said Andrew Silsby, president and CEO of Kennebec Savings Bank. “She has been an invaluable member of our team over the last 13 years, bringing exceptional financial acumen and steadfast dedication to her role. Debbie is a good friend and great colleague and will be deeply missed here, but we all wish her the very best in her well-earned retirement.”

Getchell holds a bachelor's degree in accounting and management from the University of Maine at Machias and was named a Lordan Scholar at the New England School of Banking. 

Kennebec Savings Bank has $1.7 billion in assets and 207 employees at offices in Augusta, Farmingdale, Freeport, Waterville, Portland and Winthrop.

Augusta-based Kennebec Savings ranked No. 9 among the largest Maine-based banks in the recently published 2025 Mainebiz Book of Lists, based on assets as of June 30, 2024.

The bank is expected to announce news on the next CFO sometime in early January.

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