Merger of Equals – A CEO Chat
Client: Gorham Savings Bank and Maine Community Bank
In light of the public announcement of their merger, Gorham Savings Bank and Maine Community Bank’s two leaders sit down for a conversation about the months of work that led to the decision, how Maine people benefit, and what to expect in the months to come until the merger is complete. This early 2024 conversation between Gorham Savings Bank President and CEO Steve deCastro and President, and Maine Community Bank CEO Jeanne Huilt also put on full display the rapport and comfortable working chemistry between the two leaders; helping to bring confidence to employees and customers as the two financial institutions moved through the process of coming together to form the largest mutual savings bank operating exclusively in Maine.