Thinking Big in a Small Town
Meyeroff, Wendy J., Independent Banker
YOU'VE GOT TO GET UP EARLY TO BEAT ED HENNESSEY AT MAKING DEALS IN MAINE
Can one man grow a community bank by himself? Ed Hennessey would be the first to say no, but his drive may be the biggest factor in the success of Machias Savings Bank.
It would be easy to think of Machias, Maine- population 2,300-as just a quaint burg along a rugged coastline with waterfalls nearby (the town's Indian name means "bad little falls"). Think again. While there are only two traffic lights in surrounding Washington County, Machias is a major service center. Citizens come for services ranging from the local hospital to the University of Maine to Machias Savings Bank, where Hennessey is CEO …
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Publication information: Article title: Thinking Big in a Small Town. Contributors: Meyeroff, Wendy J. - Author. Magazine title: Independent Banker. Volume: 61. Issue: 1 Publication date: January 2011. Page number: 20+. © 2002 Independent Banker. Provided by ProQuest LLC. All Rights Reserved.
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