Photo / Courtesy, Kennebunk Savings Bank
Lori Howell
Updated: September 11, 2024
Kennebunk Savings elects board chair with business experience on land and sea
Kennebunk Savings Bank has elected Lori Howell as chair of its board of directors.
Howell joined the board in 2014 and has been vice chair since 2021. She and her husband own Spinney Creek Shellfish in Eliot, where she has lived for over 41 years.
Howell also practices law in Eliot, handling regulatory and corporate matters. In addition, she owns and manages Mountainside Business Center, a professional office space in Ossipee, N.H.
“This is an exciting time to be board chair,” said Howell. “There are many new and innovative initiatives happening at the bank.
"One example is the recent launch of a new Accessory Dwelling Unit loan that will help property owners expand living space to provide relief to the ongoing housing shortage, providing options for loved ones or to add income potential," she continued.
"The bank always looks at the needs of the community and finds ways to support a solution. I’m grateful to have some role in that.”
Howell serves on the board of directors of the Interstate Shellfish Sanitation Conference. Previously, she served as chair of the Maine Shellfish Advisory Council, chair of the Maine Aquaculture Association, chair of the Maine Marine Resources Council, and a member of the Eliot Harbor Commission and Recreation Commission.
Howell received her undergraduate degree from Ursinus College, in Pennsylvania, and a J.D. from the University of New Hampshire School of Law.
“Lori has been a key member of the bank’s board of directors over the last 10 years, helping to provide strategic oversight in the bank’s continued growth and expansion,” said Bradford C. Paige, the CEO of Kennebunk Savings.
“She shares the institution’s passion for always doing the right thing for our customers, employees and communities. She has been a tremendous asset to the board since day one and I look forward to her leadership as we define and execute our strategic vision in the coming years.”
Kennebunk Savings, which is headquartered in Kennebunk, operates 12 branches in York County and five in the Seacoast region of New Hampshire. The bank has assets of $1.8 billion.
Kennebunk Savings is No. 8 among the largest Maine-based banks, based on assets as of June 30, 2023, according to the 2024 Mainebiz Book of Lists.
Most Recent
Most Recent
0 Comments