January 23, 2018
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Promotions announced at Saco & Biddeford Savings Institution

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SACO, Maine  — Saco & Biddeford Savings Institution (SBSI) recently promoted Michael Jean and Stephanie Paquet to assistant vice presidents.  In addition, Amy Dugal-Smith, Matt Grenier, William Hoyle and Lisa Upton were promoted to officers.

“As a 2011 Best Places to Work in Maine, we are proud to provide ongoing support and career development opportunities for our employees,” said Kevin Savage, president of Saco & Biddeford Savings Bank. “With very little turnover, it is important to create a challenging environment that fosters employee growth.”

Michael Jean of Sanford was promoted to assistant vice president. Jean joined SBSI in 2009 as a commercial lending officer. He holds an associate degree from the Community College of the Air Force, is vice chairman of the Sanford Housing Authority and a member of the Crohn’s and Colitis Foundation.

Stephanie Paquet of Saco was promoted to assistant vice president. Paquet joined SBSI in 2009 as retail retirement program manager, and in 2010, assumed the duties of deposit support manager. She holds a bachelor’s in business administration from University of Southern Maine and most recently earned a Leadership in Management Certificate from the Northern New England Center for Financial Training. In addition, Paquet is involved in the American Cancer Society Relay for Life.

Amy Dugal-Smith of Arundel has been promoted to officer. Dugal-Smith joined SBSI in 2008 as a network support specialist, is active in the community and regularly volunteers on behalf of the bank, most notably for the United Way Day of Caring.

Matt Grenier of Saco has been promoted to officer. Grenier joined the bank in 2008 as a teller, and was most recently customer relationship officer. Grenier holds a bachelor’s degree in business administration from Plymouth State University and is involved with the Salvation Army and Maine Handicapped Skiing.

William Hoyle of Saco has been promoted to officer. Hoyle joined SBSI in 2009 as a teller, and most recently promoted to customer relationship officer. He holds a bachelor’s degree in music from the University of Louisiana-Monroe. Hoyle has earned the customer service representative and customer service associate certificates from Northern New England Center for Financial Training.  He is involved with New Life Church in Biddeford as Financial Peace University coordinator.

Lisa Upton of South Portland has been promoted to officer. Upton joined the bank in 2001 as a teller, later becoming a business operations specialist. Upton has been involved with the American Cancer Society, Ronald McDonald House, Preble Street Soup Kitchen and Maine Handicapped Skiing. She started the SBSI Jeans Day program to benefit local charitable causes.

Founded in 1827, Saco & Biddeford Savings, Maine’s oldest bank, has branches in Biddeford, Old Orchard Beach, Scarborough, South Portland, Westbrook, and its headquarters in downtown Saco.

Contact: Donald Lauzier
Saco & Biddeford Savings