OTIS FCU Appoints Chris Bouchard as New CEO


OTIS FCU is proud to announce that Chris Bouchard has been hired as the new President/CEO as of June 13, 2022. He succeeds Roland Poirier, who has been serving as Interim President/CEO since December 2021. Bouchard will lead the credit union in its continuing objective to provide its membership with excellent personal service and to serve the local community.

“We are grateful to be bringing Chris on board at OTIS Federal Credit Union,” shared Poirier. “His extensive financial experience will be a great asset and I am eagerly looking forward to the future of the credit union under this new leadership.”

Bouchard comes to OTIS FCU from Dirigo FCU where he held the position of Chief Operations Officer. Bouchard’s qualifications include leadership positions at investment companies, as well as at banking institutions where he led strategic initiatives and processes ranging from contact centers to deposit and loan operations. His over 20 years of proven experience in successfully managing business operations and initiatives along with his bachelor’s degree in Business Administration and Management from the University of Maine made him an ideal candidate for the role of CEO.

The interview process for the CEO position was highly competitive, however, Bouchard’s qualifications and character stood out to the Board as being an excellent fit for OTIS FCU. Duane Lake, Chairman of the Board of Directors, said of hiring Bouchard, “Chris not only met but exceeded what we were looking for. We found his background in financial operations and history of successful leadership to be impressive, and his community involvement and desire to help others truly represented the qualities OTIS Federal Credit Union has always stood for.”

Bouchard was honored to accept the position.

“Having served in the financial services industry for my entire career, I have grown to have a strong appreciation for service and commitment,” shared Bouchard. “As a lifelong resident of Maine and credit union member, I understand the important role credit unions play in meeting the financial needs of our members and delivering a strong commitment to the communities in which we serve.”

Bouchard is passionate about youth development. In his spare time, Bouchard volunteers as Vice President for Auburn Suburban Baseball and Softball, where he is also the Minor Division Baseball Director. He also volunteers with Special Olympics of Maine and is a Maine Credit Union League Audit & Finance Committee member. Bouchard resides in Auburn with his wife and their three sons.