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Bath Savings Institution Announces Promotions

Bath, Maine (March 7, 2017) — Bath Savings Institution's President & CEO Glenn Hutchinson announced the promotion of three Bank employees.

Mara Pennell
Mara Pennell

Mara Pennell has been promoted to Vice President of Commercial Lending. Mara joined Bath Savings in 2015 as an AVP Commercial Lender. She began her career in the banking industry in 2002 and brings a broad spectrum of experience to her position. Mara is a graduate of Bentley College and earned her Master's in Business Administration from Southern New Hampshire University.


Sarah Piper
Sarah Piper

Sarah Piper has been promoted to Commercial Loan Officer. Sarah joined Bath Savings as a teller in 2013 with a background in financial services. After working as a commercial lending assistant she was promoted in 2015 to Commercial Lender. Sarah graduated from University of Southern Maine with a B.S. in Business in 2014. She currently serves as Treasurer on Tedford Housing's Board of Directors and as Vice President on the Risk Management Association Young Professionals Board of Directors.


Marcia Wallace
Marcia Wallace

Marcia Wallace has been promoted to Vice President, Retail Loan Department. Marcia joined Bath Savings in 2006 and has more than 22 years' experience in the processing and underwriting of mortgage loans. Marcia is the first Bath Savings employee to receive delegated underwriting authority for FHA government lending programs. She is also a 2015 graduate of New England School of Financial Studies at Babson.


"We recognize the leadership of these team members and their contributions, not only to the growth of the Bank, but to the growth of our communities," says Hutchinson. "Bath Savings is fortunate to have these talented people as part of the Bank's management team."