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Outgoing Message to Members
Ovide M. Lamontagne, Chairman
I am proud of how steadfast
St. Mary’s has remained in
its commitment to affordable
homeownership and small
business lending, even as
our economy stumbled.
I have had the privilege of serving the members and employees of
St. Mary’s Bank for nine rewarding years as a member of the Board
of Directors. The past nine years have brought many challenges
and rewards, introduced me to new friends and strengthened my
ties with the community. It is, therefore, not without regret that I
share with you my decision to complete my current term and step
down from the Board and as Chairman at the annual shareholders’
meeting this April.
It has been an honor to be part of the Board of Directors of
St. Mary’s Bank during a decade of growth and celebration. Since
I joined the Board in 2000, I have had the pleasure of working
with both Ronald Rioux and Ronald Covey, two outstanding
CEOs. I have seen us add four retail branches, increase our assets
to an impressive $700 million, and help hundreds of families
through our community outreach programs. I am proud of how
steadfast St. Mary’s has remained in its commitment to affordable
homeownership and small business lending, even as our economy
stumbled. And nothing could compare with celebrating the 100th
anniversary of the Nation’s First Credit Union, an organization
that also holds such personal and historical significance for me. It
has truly been an extraordinary experience to help lead St. Mary’s
into a new century of service.
I will always treasure my time at St. Mary’s Bank. I have learned
much about our financial system and the critical role credit unions
play in meeting the financial needs of their members. I commend
our senior management team and our employees for their integrity,
compassion and vigilance in bringing to life the credit union’s
original mission of "people helping people." I am grateful to them
for serving with such passion and selflessness. Above all, I thank
our members for choosing us to help meet their financial needs.
My family has a long history with St. Mary’s Bank. My father
is a past Chairman of the Board, and my uncles served as Board
members and legal counsel to "La Caisse Populaire Ste. Marie."
My leaving the Board in no way severs our ties. I will continue to
follow St. Mary’s future successes from the sidelines as a member.
Knowing this great credit union as I do, I am confident that its
next chairman will bring his or her own strengths to bear, with
exceptional results.
Every day, the people of St. Mary’s inspire me to give my all.
As I undertake a new endeavor in my life, and campaign for
U.S. Senator in New Hampshire, I will remember and treasure
the countless lessons my experience on the Board have taught
me. Thank you for giving me the opportunity to serve. |
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This publication does not constitute legal, accounting or other professional advice. Although it is intended to be accurate, neither the publisher nor any other party assumes liability for loss or damage due to reliance on this material. Images may be from one or more of these sources: ©Thinkstock, ©iStock, ©Fotolia.