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Saco & Biddeford Savings Institution has appointed Shawn Walton as the market manager of its Saco branch.
The expanded facility will add 11 full-time positions and grow capacity by 17%. Construction is underway, and the new facility is scheduled to open in April.
A roundup of new hires, promotions and achievements from businesses, nonprofits, health care organizations and professional services firms around Maine.
Even during good times, early-stage life sciences and biohealth businesses in Maine frequently have to work harder than their peers in bigger markets to woo investors.
The nonprofit is hosting a research fellow to develop an investment model over the coming 30 months. The goal is to grow mid-Maine’s entrepreneurial economy.
The funds will assist the company finalize its equipment purchases and installation and begin operations for its molded-fiber manufacturing operation.
Augusta-based Maine State Credit Union has promoted Amanda Crommett to senior vice president and chief organizational development officer and Jason Hilt to senior vice president and chief financial officer.
Norway Savings Bank has promoted Randy Easler to senior vice president, senior retail banking officer.
Both are financial services providers with operations in Maine.
Kennebec Savings Bank has appointed Aline Taylor as chief retail banking officer and a new member of the bank’s leadership team.
In a newly expanded role, Don Baker takes over responsibilities in Maine, New Hampshire and Vermont.
All dollars raised in the annual campaign stay in Maine and go to food banks, pantries, health care programs, schools, colleges and meal sites across the state.
'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.
Spinnaker Trust has promoted three client advisors to senior vice president positions.
Christine Bishop has been named vice president, government banking services officer at Lewiston-based Androscoggin Bank.
Maine Community Bank has appointed Sam Rotondo as assistant vice president, residential loan officer.