"Focus: Banking & Finance" piece featuring an interview in question-and-answer f

Whit Richardson

Source

Mainebiz

Date

4-3-2006

Pages

38-39, 41-42

Abstract

"Focus: Banking & Finance" piece featuring an interview in question-and-answer format with Joel Stevens, outgoing president and CEO of Kennebunk Savings Bank. When Stevens took over as president in 1993, the community bank was struggling. Under Stevens' leadership, Kennebunk Savings has grown its assets from $227 million to $650 million, and the bank's return on assets over the last several years has consistently placed it in the top quarter of community banks in the state. Stevens credits the turnaround to a focus on a healthy employee culture, good customer service and a commitment to serving the community. Stevens established the banks' community investment program, through which the bank allocates 10 percent of annual earnings to area nonprofit organizations.

Subjects

Kennebunk Savings Bank

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