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Penobscot Bay Press
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News Feature

Bar Harbor
Originally published in Castine Patriot, July 4, 2019 and Island Ad-Vantages, July 4, 2019 and The Weekly Packet, July 4, 2019
Bar Harbor Savings and Loan names new senior vice president

New senior vice president

David Cohen has joined the team at Bar Harbor Savings and Loan as Senior Vice President and Treasurer.

Photo courtesy of Bar Harbor Savings and Loan

Bar Harbor Savings and Loan has announced the hiring of David S. Cohen of Ellsworth as Senior Vice President and Treasurer.

Cohen joins the Bank with over 30 years of experience. He began his career in banking as a teller while attending college. Upon graduation, he advanced from accomplishing basic accounting services to possessing in-depth knowledge of regulatory compliance, strategic long term growth planning, and cumulative bank financial operations. In his position as Senior Vice President and Treasurer, he is responsible for the administration of accounting, investments, and asset/liability functions. Cohen also provides guidance for operations, and he is a member of the strategic planning team.

Cohen received a bachelor’s degree from the University of Maryland, followed by graduate studies in accounting, finance, and business at the university. He received a Wharton Leadership Certificate from the University of Pennsylvania and is a graduate of the ABA’s Stonier Graduate School of Banking.

Prior to joining Bar Harbor Savings and Loan, Cohen held the position of Senior Vice President and Manager of Accounting Operations at Bar Harbor Bank and Trust. He has also held the position of Vice President and Controller at Century National Bank in Washington, D.C. and F&M Bank in Bethesda, Maryland.

Over the course of his career, Cohen has held many volunteer positions. Volunteerism is an important part of who he is and the work that he does. He has been active with the Ellsworth High School Visual & Performing Arts boosters, the FOA Acadia Roadside Cleanup, MDI Half Marathon, Hancock County Relay For Life Registration Team, and Down East Family YMCA swim team.

Cohen’s career path and his vision to return to community banking led to a perfect fit for this Bank, its customers and its employees. “Bar Harbor Savings and Loan has a reputation for being a small community financial institution with a strong commitment working in and for the community through volunteerism and building relationships with their customers.” said Cohen. “I am excited to join forces with this team.”