Maine Family Federal Credit Union names new CEO

Maine Family Federal Credit Union in Lewiston named Dan Clarke president and CEO.

Clarke succeeds Rachel Caron, who was CEO of the $256.4 million-asset credit union for 12 years until her retirement in June.

Dan Clarke is the new president and CEO of Maine Family Federal Credit Union in Lewiston.

Clarke most recently senior vice president of member experience at the $5.2 billion-asset Service Credit Union in Portsmouth, New Hampshire. He was also the president and CEO of Salmon Falls Community Credit Union before it merged with Service Credit Union in 2008.

"Dan's experience and knowledge within the credit union industry will no doubt help Maine Family FCU to new heights," Maine Family Chairperson Natalie Williamson said in a press release.

Caron started working for Maine Family in 1975 as a receptionist and then moved to bookkeeping. She took over as CEO in 2010. In total, Caron was with the company for 46 years.

"I am thrilled to be back in the Maine credit union community. I appreciate the warm welcome from the board, staff and members and I'm looking forward to delivering solutions to our members through any delivery channel they choose," Clarke said in the press release.

Maine Family earned $929,000 in the first nine months of 2022, a 1% decrease compared with a year earlier, according to call report data from the National Credit Union Administration.

For reprint and licensing requests for this article, click here.
Credit unions Industry News
MORE FROM AMERICAN BANKER