MADAWASKA, Maine.–NorState FCU has named a new president and CEO to succeed the retired Susan G. Whitehead, who held the position for nine years. The $240-million NorState has named Jeffrey Davenport to lead the organization.
According to NorState FCU, Davenport has more than 35 years of experience in the financial services industry as a credit union executive. He previously served as EVP/chief operating officer with the credit union, and prior to that served as a strategic consultant for CUNA Mutual Group, where he worked with credit unions of all sizes throughout the eastern half of the United States on financial and strategic management issues, according to the Maine CU League.
He has also been involved with different advisory councils, boards of directors, and committees within the credit union industry throughout the northeast for the past 20-plus years.
“I am very much looking forward to working with the employees, volunteers, and members of NorState,” he stated. “We will continue the credit union culture of people helping people, while balancing the ever-evolving world of financial services and how those services are delivered to our members.”
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