S&W has been retained by Norway Savings Bank to manage the search and selection process for the Bank’s next VP, Deposit Operations Manager.
Established in 1866, Norway Savings Bank (“NSB”) is a well-respected, $2 billion, state-chartered mutual bank with deep roots in the communities it serves. With over 300 full-time employees and 25 branch locations throughout Maine and New Hampshire, NSB is the 8th largest bank headquartered in Maine. The Bank maintains a robust financial position with over 13% Tier 1 capital and a $1.4 billion loan portfolio. NSB delivers a comprehensive suite of consumer and business banking services, including deposit and lending solutions, and offers investment management and trust services through its Asset Management Group. With modern digital banking tools, NSB combines the convenience of anytime, anywhere banking with the local decision making and personalized services which define a true community bank.
Reporting to the Senior Vice President of Deposit Operations, the Deposit Operations Manager oversees and directs the daily activities of the Deposit Operations team, ensuring efficient processes and excellent service for both customers and internal partners. This leader plays a key role in developing and implementing policies and procedures across a wide range of deposit products and services, including digital and electronic banking, demand deposit and savings accounts, certificates of deposit, safe deposit boxes, ACH, wires, debit/ATM cards, IRAs, and account research.