Maine State Credit Union expands commercial lending team and announces key promotions
AUGUSTA, ME (April 29, 2024) — Maine State Credit Union is excited to announce the expansion of its commercial lending team and the promotions of Bruce Harrington, to Senior Vice President, Commercial Lending and Brandon Clark to Assistant Vice President, Commercial Lending.
“Over the past seven years, Bruce has built up a robust commercial and small business lending team,” said Stephen Wallace, CEO and President of Maine State Credit Union. “They are focused on helping Maine’s business owners grow and drive Maine’s economy while staying true to the values of the Credit Union industry.”
Maine State Credit Union has been at the forefront of providing personalized lending services to small businesses since 2016. Bruce Harrington has been leading a team that embodies credit union values in an increasingly competitive industry. Initially starting in the Waterville and Augusta markets, the credit union has expanded its reach down the coast, adding Jeff Charland, Vice President of Commercial Lending to the team to serve the Rockland market in 2022.
With expertise in lending and knowledge of the Augusta market, Brandon Clark joined as a commercial lender in 2023 and has been promoted to Assistant Vice President this year. He will continue to focus on the Augusta area and work with Charland to drive growth in the mid-coast region.
Nichole Lee, Commercial Lender, who was previously the branch manager of the Waterville and Gray branches has transitioned into commercial lending and is a business lender along with Karin Warren, AVP, Commercial Lending in the Waterville area.
“Small businesses are the backbone of Maine,” said Bruce Harrington. “Relationships and service matter and I am fortunate to have a team of strong lenders, analysts, and support staff on the team. Together, we help business owners through the lending process, whether it is working with the Finance Authority of Maine (FAME), the Small Business Administration (SBA) or helping someone secure financing for new equipment or expansion. Our team is here to work with them through the entire process.”
The expansion of the commercial lending team with the addition of new lenders, analysts and support staff, allows each to focus more on the individual needs of its business owners as well as introduce new products and tools that will make it easier for business owners to bank. Maine State Credit Union continues to roll out products to make banking easier for owners and launched a remote deposit capture tool (RDC) earlier this year.
All commercial loans are reviewed and managed in Maine. The lenders collaborate closely with the credit analyst and support teams who work at Maine State Credit Union’s Augusta and Waterville locations. For additional details about commercial lending, please visit MaineStateCU.org or drop by any branch location and talk to your local commercial lender.
Bruce Harrington
Brandon Clark
About Maine State Credit Union
Maine State Credit Union is one of the largest credit unions in Maine, with over $650 million in assets. Located in Augusta, Maine, it employs over 130 Mainers. It has been on the list of Best Places to Work in Maine for the past twelve years and on Forbes as one of the best credit unions in Maine for the past two years. Founded in 1935 in Augusta to give members a place to take out a loan, it now has over 35,000 members. It is open to all Mainers in Androscoggin, Cumberland, Kennebec, Knox, Lincoln, Somerset, Sagadahoc, and Waldo counties. Learn more at MaineStateCU.org.
