2017-06-15 / Community News

Longtime CEO to retire

Saco & Biddeford Savings Institution honored CEO Kevin Savage’s career with the bank throughout the month of May. Joining Saco & Biddeford Savings Institution as a teller in 1974, Savage has served as the longest-sitting CEO for the past 32 years.

“It has been an honor to have spent my entire career with such a talented team as the one at Saco & Biddeford Savings,” Savage said. “The bank has grown immensely since I began my career here and we have been able to accomplish a great deal for our customers, as well as our community members. I want to thank my colleagues, friends and the community members for helping to make the past 43 years so successful.”

Celebratory activities throughout May included a community day, where Saco & Biddeford Savings Institution presented donations totaling $10,000 to local nonprofits. Selected by Savage himself, recipients included Barbara Bush Children’s Program, Dyer Library & Saco Museum, Eleanor Clare Paye Charitable Fund, Maine Children’s Cancer Program, Saco Food Pantry, Southern Maine Health Care, Spurwink, Sweetser Children’s Services, Thornton Academy and Wardwell Neighborhood.

“As a mutual savings bank, giving back to our customers, community and employees is vital,” Savage said. “The bank will continue to grow and provide services to support those we serve for years to come.”

“It has been an honor to work for and with Kevin for many years. He has never been about himself, rather he has always been about everyone else,” said Bob Quentin, president of Saco & Biddeford Savings Institution. “We are proud and grateful to have had Kevin leading our team and we wish him and his family all the best in his retirement.”

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