Our Board of Directors is comprised of 18 business and municipal leaders from York County and the State of Maine including: 2 City of Biddeford appointees, 2 City of Saco appointees, 2 Sanford Regional Economic Growth Council appointees, 1 Biddeford-Saco Chamber of Commerce & Industry appointee, 1 Kennebunk Development Corporation appointee, 1 Southern Maine Planning & Development Commission appointee and 9 internally elected directors (3 Biddeford-Saco residents or business owners, 3 York County residents or business owners and 3 State of Maine residents or business owners). Each of these directors brings unique experience and perspective on economic development initiatives in the region and the State.
Richard Olsen, CFO, Southern Maine Health Care, Biddeford, Maine. Mr. Olsen is a York County Elected Director, and serves as SMFA’s Treasurer.
Jan Williams, Retired Accountant, Hiram & Portland, Maine. Mr. Williams is is a York County Elected Director.
Vice Chair
Betty Olson, Commercial Loan Officer, Scarborough, Maine and is a State Elected Director.
Secretary
Keith Jacques, Esq., Partner, Woodman, Edmands, Danylik, Austin, Smith & Jacques, P.A., Biddeford, Maine. Keith is a Biddeford-Saco Elected Director, and serves as the Agency’s Secretary.
Treasurer
Rebecca Jacobs, Commercial Loan Officer, Southern, Maine at Kennebunk Savings Bank and is a York County Elected Director.
Stephanie Carver, Executive Director of Southern Maine Planning & Development Commission, Saco, Maine. Mrs. Carver is the SMPDC representative by virtue of her position.
Tracey Desjardins, Economic Development Director, City of Saco, Maine. Mrs. Dejardins is a representative of the City of Saco by virtue of her position.
Douglas Edwards, Councilor, Ward 1, City of Saco, Maine. Councilor Archer is a representative of the City of Saco.
Renee’ Fahie, VP Senior Relationship Manager, Business Banking Team Lead, Southern, Maine at Bangor Savings Bank and is a York County Elected Director.
Robert Georgitis, President of the Kennebunk Development Corporation (KDC) and is the KDC representative on the SMFA Board.
Ayn Hanselmann, Ayn is a certified public accountant and is a representative of the Sanford Regional Economic Growth Council.
Rebecca Jacobs, Commercial Loan Officer, Southern, Maine at Kennebunk Savings Bank and is a York County Elected Director.
Andy Kany, Biddeford-Saco Chamber of Commerce & Industry Representative, Biddeford Maine.
Keith A. McBride, Executive Director of the Sanford Regional Economic Growth Council, SREGC Sanford, Maine. Mr. McBride is a representative of the SREGC by virtue of his position and serves on the SMFA Executive Committee.
Jim Nimon, Executive Director of the Sanford Regional Economic Growth Council, SREGC Sanford, Maine. Mr. Nimon is a representative of the Sanford by virtue of his position at SREGC.
Jennifer Sirois, SVP, Commercial Banking Market Manager, Southern, Maine at Maine Community Bank and is a Biddeford-Saco Elected Director.
William Sipperly, Retired Commercial Loan Officer, Falmouth, Maine and is a State Elected Director.
The Loan Committee is composed of 10 individuals, including seven appointed by the Board of Directors and three representatives of the agency’s Board of Directors. The Committee is made up of citizens from York County with backgrounds or expertise in financial risk management, commercial lending or legal issues related to commercial lending. The Loan Committee is responsible for administering the loan activity of the Agency in compliance with loan program policies, procedures and requirements.