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July 10, 2025

Norway Savings hires chief financial officer and treasurer

Norway Savings Bank has hired Richard St. Pierre as chief financial officer and treasurer.

St. Pierre succeeds the retiring Brian Shibles, who has served at the bank for over 23 years, including 20 years as CFO and 12 years as treasurer. 

Photo / Courtesy Norway Savings Bank
Richard St. Pierre

He joined the bank in December 2023 as senior vice president and senior finance officer, where he oversaw the management of the bank’s financial accounting, budget, investments, facilities management, and project management.

He brings over 20 years of executive leadership experience, including over a decade in community banking. 

“In his time at NSB, Rich has proven to be a tremendous addition, working closely with Brian and the finance and facilities teams to prepare for his transition as well as overseeing the implementation of Norway Savings Bank’s new online and mobile banking platform earlier this year,” said Dan Walsh, president and CEO of Norway Savings.

“He has an extensive finance background and that prior experience combined with his calm and respectful demeanor make him the perfect choice as the bank’s new CFO and treasurer," he continued.

The Biddeford resident received his bachelor's degree in accounting from the University of Southern Maine and later earned his certified public accountant designation.

St. Pierre serves on the board of the Kennebec Valley Community Action Program as well as the board and loan committee of Southern Maine Finance Agency.

Norway Savings Bank has 24 branches and was ranked No. 7 among the largest Maine-based banks, based on assets of $1.83 billion on June 30, 2024, according to the 2025 Mainebiz Book of Lists.

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