Androscoggin Bank

The result will be a single mutual holding company, to be called ClearNorth Financial Mutual Holding Co. The banks themselves will continue to operate under their own names, brands, charters and boards of directors. 

“Lewiston remains the heart of Androscoggin Bank, and this move reflects our commitment to serving the community more efficiently and sustainably for years to come,” said a spokeswoman.

Jim Roche joined the organization in August 2021 after leading the Business & Industry Association of New Hampshire for 17 years.

The developer chose to create condos because they could maximize the density of the 1.76-acre property. The project is Thomaston’s first condominium development.

While Maine employers already have a lot to worry about these days, climate change should not be overlooked as an urgent priority.

Banks across Maine are looking to right-size their footprints and tap new market opportunities, with changes that include expanding some facilities and consolidating others.

'We remain steadfast in our commitment to our retail banking branches, and we do not have any plans to close other locations,' a spokeswoman for the bank told Mainebiz.

Christine Bishop has been named vice president, government banking services officer at Lewiston-based Androscoggin Bank.

Maine banks and credit unions — including Saco & Biddeford Savings, the Country Federal Credit Union, M&T Bank, Maine Savings Federal Credit Union and Androscoggin Bank — have seen a slew of significant personnel changes.

A roundup of new hires, promotions and achievements at businesses, nonprofits and health care facilities around Maine.