Androscoggin Bank Welcomes Two New Members to Board of Directors

Androscoggin Bank Welcomes Two New Members to Board of Directors

Androscoggin Bank is pleased to announce we have added Kierston Van Soest and Cheryl Bascomb to our Board of Directors. Both women are active leaders in their businesses and communities, and they bring valuable perspectives to the Bank’s economic and community initiatives.  They will join the Bank’s Team of Directors and business executives who guide the vision and trajectory of Androscoggin Bank’s business banking model.

 “We began our search with numerous potential candidates. After a thorough vetting process matched with extensive dialogue amongst existing directors we unanimously voted to add Cheryl Bascomb and Kierston Van Soest. Their experience and unique skill sets match perfectly with our needs. The two directors are replacing long serving professionals, Jean Mattimore and Steven Closson, who have represented us in exemplary fashion over the years.”
– Paul H Andersen, Chairman of the Board of Directors.

 “We are incredibly excited to welcome two such talented and capable individuals who bring a wealth of insights and experience. We know they both will contribute a significant, positive impact on our initiatives to better serve our clients and our communities.”
– Neil Kiely, President and CEO of Androscoggin Bank

Kierston Van Soest is the Chief Financial Officer at L.L.Bean, Inc. In addition to her CFO and Executive Team roles, she chairs the Investment Committee and is a member of the Benefits Committee. In addition to her financial stewardship of the company, Kierston plays a pivotal role in overseeing corporate strategy.

Kierston currently serves on the Board of the United Way of Southern Maine, as a member of the Executive Committee and Chair of the Governance Committee.  She also serves on the New England Advisory Council of the Federal Reserve Bank of Boston and the Portland Development Corporation.

Prior to joining L.L.Bean in 2002, Kierston held leadership roles with an international public accounting firm and a publicly traded media company in Baltimore, New York City, and Warsaw, Poland.  She holds a degree from Lehigh University and a Certified Public Accountant designation (inactive).   She lives in Portland, Maine with her husband and two children.

Cheryl Bascomb joined Dartmouth College as the Vice President for Alumni Relations in 2018, bringing more than thirty years of private sector marketing expertise to the role.  As head of Alumni Relations, Cheryl provides strategic vision and leadership for volunteers, alumni communications, and a wide variety of programming for over 85,000 alumni – worldwide.

Cheryl spent 34 years in southern Maine working for companies as varied as LL Bean, UNUM, and BerryDunn CPAs.  She served on a number of non-profit boards in Maine and New Hampshire including Northeast Delta Dental, Boys & Girls clubs of Southern Maine and – as an avid ice hockey player – Falmouth Family Ice Center.  She, and her husband, Dave Van Wie, live in Lyme, New Hampshire.

About Androscoggin Bank

Androscoggin Bank Headquartered in Lewiston, Maine, the Bank has been fiercely independent for 150 years. In 2021, Androscoggin Bank became a Certified B Corporation, joining only nine other banks nationally to meet the highest standards of verified social and environmental performance, public transparency and legal accountability. The Bank has a unique workforce with a large number of leaders having previously owned a business. The team is eager to empower Maine’s business owners to improve their financial lives and continue to fuel economic growth for the state. Androscoggin Bank is dedicated to helping Maine communities thrive and has invested more than $340,000 in philanthropic donations, grants and sponsorships throughout the state last year. Androscoggin Bank is Member FDIC. Follow the conversation on LinkedIn and Facebook.