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Casco FCU is pleased to announce the promotion of Martinique Allen, Vice President of Operations, to President beginning September 1. James Stone, President and CEO since 2007, will stay on as CEO until his retirement at the end of June 2022, at which time Allen will assume the role as President and CEO. Casco FCU also has announced the promotion of Nichole Frazier, Vice President of Lending, to Executive Vice President and Chief Lending Officer.
Stone said of the changes, “Both Marti and Nicki are very proficient and experienced long-term employees who have proven their knowledge, leadership, and value to our organization and dedication to our members and staff. Their promotions are well deserved, and I know that the credit union will be in very capable hands for years to come.”
Marti and Nicki are both lifelong Maine residents. Marti grew up in Hartland and attended Husson College; Nicki grew up in Scarborough and attended the University of Southern Maine. They have each helped Casco FCU become the successful credit union it is today, growing from $35 million in assets in 2010, to over $94 million today and serving 9,000 members.