Mainebiz

V O L . X X V I I I N O. X X V I I I N OV E M B E R 2 8 , 2 0 2 2 24 B A N K I N G / F I N A N C E / I N S U R A N C E F O C U S DiSotto will continue to lead KeyBank's wealth management teams in Maine and Vermont; in addi- tion, he will take on the market president responsibility of overseeing and coordinating KeyBank's go-to- market strategy across its various lines of business and serve as the face and voice of Key in Maine. DiSotto will ensure that the organization has the most significant impact in Maine in his new role. He says, "this means that I must ensure that all of the resources that KeyBank has in Maine are working together cohesively — we have outstanding bankers and leaders within our team which make this excit- ing work, and I am anxious to get started in working with them in this expanded capacity." DiSotto held leadership roles within KeyBank's retail branch network through 2014 before transi- tioning to a senior business banking relationship manager role that year. He then rejoined the retail team as senior vice presi- dent and regional retail leader overseeing the retail, small business, and mortgage lending teams in Maine and Vermont. In 2019, he was promoted to market leader for Key Private Bank. Before joining Key, DiSotto worked for Bank of America and MBNA America. "I have been fortunate to have had the oppor- tunity to work in many facets of banking and all of them at Key — branch banking, residential mortgage lending, small business lending, commercial bank- ing, and wealth management," DiSotto says. "ese are also the core parts of our business in Maine. I am hopeful that my experience in understanding how all of these aspects of our business work together can benefit Key and our stakeholders." DiSotto holds a bachelor's degree from Colby College and an MBA from Norwich University in Vermont. "Chip Kelley and Sterling Kozlowski have laid a great foundation for KeyBank in Maine over the last decade, and I am focused on continuing their outstanding work," says DiSotto." KeyBank has been privileged to have a long history in communities throughout our state. My focus, and our continued focus, will be on ensuring that we support those communities to help them thrive. KeyBank was No. 4 among banks with the largest market share in Maine in the 2022 Mainebiz Book of Lists, trailing TD Bank (No. 1), Bangor Savings Bank (No. 2), and Camden National Bank (No. 3). KeyBank has 36 branches serving 12 counties in Maine. KeyBank is owned by Cleveland-based KeyCorp (NYSE: KEY). Local team promoted at an Old Orchard savings bank branch Saco & Biddeford Savings Institution has promoted Old Orchard Beach native Mike Rague to branch manager of his hometown branch. Rague graduated from Old Orchard Beach High School and Emmanuel College in Boston, where he studied chemistry. Before the promotion, he held the title of assis- tant branch manager — a role that will now go to ornton Academy graduate Tyler Lebel. As Old Orchard Beach continues to grow, Rague's goal is to listen to the people, businesses, and organizations as they expand and find ways Saco & Biddeford Savings can help. "Growing up in Old Orchard, I couldn't picture myself ever living too far from the beach or my family," says Rague. "My late mother was a public servant for many years in Old Orchard Beach, and at some point, I realized that Saco & Biddeford Savings presented me with an opportunity to serve » C O N T I N U E D F RO M P R E V I O U S PA G E Find out more at: efficiencymaine.com/ at-work/small-business Wheelers Insurance Saves Energy with Help from Efficiency Maine With an incentive from Efficiency Maine, Wheelers Insurance in South Paris installed heat pumps for heating and cooling, dramatically reducing oil consumption and increasing employee comfort. C O N T I N U E D O N PA G E 2 6 » P H O T O / C O U R T E S Y O F S A C O & B I D D E F O R D S AV I N G S Tyler Lebel (above) and Mike Rague anchor the Old Orchard Beach branch of Saco & Biddeford Savings.

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