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October 16, 2023

Maine Savings' next CIO brings 10 years of industry experience

Maine Savings Federal Credit Union has appointed Adam Kavanagh to the role of chief information officer. 

Courtesy / Maine Savings Federal Credit Union
Adam Kavanagh

Kavanagh brings a range of experience and knowledge to the role. He has worked in the credit union industry for over 10 years, including eight years at Maine State Credit Union. 

He has held various positions in the past, including senior vice president chief operating officer, vice president of operations, and assistant vice president of risk management.

"I look forward to working with the team to develop and implement strategies to help the company achieve its goals,” said Kavanagh. 

"Like Maine Savings, I believe credit unions exist to serve their members and communities and I'm happy to be a part of a credit union with such a strong culture,” he added. 

Kavanagh received his bachelor’s degree in organizational management from Crandall University in Moncton, New Brunswick. He is also an active member of the Maine Credit Union League's Compliance Council.

Maine Savings was founded in 1961. It has more than 35,000 members, 140 employees and branches in Bangor, Bar Harbor, Brewer, Corinth, Ellsworth, Hampden, Milo, North Vassalboro, Old Town and Portland.

Maine Savings was ranked No. 2 among the largest Maine-based credit unions in the 2023 Mainebiz Book of Lists, based on $587.8 million in total assets as of Sept. 30, 2022.

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