Kennebunk Savings Bank

Kennebunk Savings is a mutual savings organization that was founded in 1871 in Kennebunk, Maine. Kennebunk Savings serves York County and Seacoast New Hampshire with 17 branch locations. Kennebunk Savings is a full service financial institution that offers personal and business banking products including deposit accounts, mortgages, home equity loans and credit lines; business, life, home and auto insurance through Kennebunk Savings Insurance.

Kennebunk Savings donates 10% of its after-tax income to nonprofit organizations through its Community Promise. Since 1994, the company has given over $14 million to charitable causes that enhance its communities and improve quality of life for the people within them. As part of the Community Promise, Kennebunk Savings created the Spotlight Fund to focus on a single, critical issue facing the community each year (Kennebunk Savings in the Community, 2019).


History

Brad Paige became President and Chief Executive Officer of Kennebunk Savings on January 1, 2009. Previously, Mr. Paige was Executive Vice President and Chief Financial Officer, and has been with the company since 1998.

In 2005 Wolf Financial Group joined Kennebunk Savings and was renamed, Kennebunk Financial Services. In 2015 it was renamed again and became Kennebunk Savings Insurance.

Notes

    gollark: Being vaguely aware of that sort of thing, and also that I live in a relatively comfortable position in what is among the richest societies ever, I feel bad about *not* doing more things, which would cause me to be more evil than someone who just ignores this issue forever, which is not, according to arbitrary moral intuitions I haveā„¢, something which an evilness measuring thing should say.
    gollark: With any actual planning you can just give away as much as reasonably possible. It's just an issue of good management of stuff.
    gollark: There are *not* that many people who actually go to the logical conclusion of that line of thinking and go "guess I'll donate all my excess income to charities".
    gollark: It would be bad for you and you could argue that not doing so maximizes long-run donation, but you aren't actually maximizing that either.
    gollark: You *can* give that money away, though.
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