AUGUSTA, Maine — If the members of the $51 million KV Federal Credit Union vote to change to a mutual bank charter and the merge with a local bank, they will continue to see at least some of their CU's staff at the bank.
According to a statement about the merger from Kennebec Savings Bank, KV CEO Beverly Beaucage will continue after the merger as an executive vice president with the bank and a member of its Board of Trustees. "She would continue to work with the KV team of employees and with members and the community as she has done in the past," the statement said.
Kennebec also said that KV Chairman Rick Tardiff would also continue on as a member of the bank's Board of Trustees. Other KV directors, supervisory committee members and the credit union's Chief Financial Officer Christine Devine would become Advisory Board Members of the bank, the bank said.
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