Acadia Federal Credit Union welcomed Michael Borman as its new Vice President of Lending

October 14, 2024.  Acadia Federal Credit Union welcomed Michael Borman as its new Vice President of Lending. Mr. Borman brings over 25 years of leadership experience, specializing in driving substantial growth and revitalizing underperforming organizations in the Retail, Consumer Credit, and Mortgage Banking sectors. He has held prominent roles at Wells Fargo, Fifth Third Bank, Family First Credit Union, and, most recently, served as Chief Lending Officer at Jetstream Federal Credit Union.

Acadia has established a strong presence with eight branches across Fort Kent, Madawaska, St. Francis, St. Agatha, Ashland, and Bangor, with a ninth branch in progress. Over the years, Acadia has grown significantly while remaining dedicated to enriching members’ lives through exceptional service. As an employer of choice, Acadia is proud to have been recognized as one of the Best Places to Work in Maine in 2022, 2023, and 2024. Currently, Acadia serves over 17,000 members and has assets exceeding $371 million. This executive search was managed by Nathan Townsend, Partner.