Press Release

Saco & Biddeford Savings employees receive Banking Operations diplomas

SACO, Maine — Saco & Biddeford Savings Institution, Maine’s oldest bank, is pleased to announce that eight of its employees recently received Bank Operation Diplomas from the Center for Financial Training Education Alliance — William Hoyle, John Mondor, Tammy Perkins, Michelle Prejean, Tim Villemaire, Jo-Anna Laverriere, Kathleen Williamson and Stephanie Bailey. The CFTEA curriculum offers training in banking fundamentals, including giving graduates a working knowledge of accounting, legal and regulatory aspects of banking, supervision, payment systems, and other key banking operations topics.

“With the changes in banking regulations and technology, staying current is vital to ensure the highest level of customer service and quality. We are proud of our eight diploma recipients for the extra time and effort they put in to earn these advanced diplomas,” said Alie DiCarlo, CFTEA Instructor and Learning & Development Manager of the Saco-based bank.

About the Center for Financial Training Education Alliance

The Center for Financial Training Education Alliance (CFTEA) is committed to offering professional continuing education programs in partnership with Northern New England financial institutions and their employees. The goal of CFTEA training and educational programs is to provide job specific skills and knowledge to the financial services industry. CFTEA is a professionally staffed, non-profit organization based in New Gloucester, Maine. For more information, visit .

About Saco & Biddeford Savings Institution

Founded in 1827 and headquartered in Saco, Saco & Biddeford Savings is Maine’s OLDEST BANK with branches located in Biddeford, Old Orchard Beach, Scarborough, South Portland and Westbrook. As a leader in community banking, Saco & Biddeford Savings Institution has contributed more than $3.5 million to area organizations over the last ten years; and, continues to support the needs of the communities it serves. The Bank was recognized in 2011 for “Best Places to Work in Maine.”Saco & Biddeford Savings is a Member FDIC and an Equal Housing Lender.



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