New Partnership Brings Modern Efficiency to a Legacy of Customer and Community Focus
COCC is thrilled to announce a new partnership with Kennebunk Savings, a community-focused bank headquartered in Kennebunk, Maine, as their new core technology provider. The $1.9 billion-asset bank operates 18 locations in southern Maine and seacoast New Hampshire. This partnership marks a significant milestone for Kennebunk Savings as they transition to COCC’s innovative core platform after nearly three decades with their previous provider.
The decision follows an in-depth evaluation process involving more than 50 employees from across the bank. COCC’s cultural alignment, responsiveness, and commitment to fostering strong client relationships played a critical role in the selection.
“From the onset of our search, COCC emerged as a top contender; it was evident that culturally the two organizations couldn’t be more aligned. Their team—from sales to leadership—operated as true partners, focused on helping us succeed,” said Jennifer K. Johnson, SVP Senior Customer Experience Manager of Kennebunk Savings. “COCC will improve our organization because of their connection with their clients – they are only successful if their clients are successful, and having a voice and a partner in the process is important to us.”
Kennebunk Savings’ Chief Executive Officer and President Lex Meagher added “It feels like we’ve found a genuine partner that shares our values and vision in such a critical area. That’s unique! Looking forward to our journey together.”
COCC’s cooperative model and reputation for customer-focused innovation made a lasting impression on the Kennebunk Savings team. Throughout the process, COCC worked closely with the bank to understand its unique needs and demonstrate how its solutions could support operational efficiencies, employee empowerment, and an enhanced customer experience.
“We are excited to welcome Kennebunk Savings to our Cooperative,” said Richard A. Leone, Chairman, Chief Executive Officer, and President of COCC. “Our shared commitment to service excellence and innovation ensures a bright future for our partnership.”
By transitioning to COCC’s advanced core technology platform, Kennebunk Savings is positioned to deliver streamlined operations, modernize its processes, and provide a more seamless experience for customers. This partnership reflects both organizations’ dedication to innovation and community-focused banking, ensuring a strong foundation for future growth.
About Kennebunk Savings
Kennebunk Savings is $1.9 billion-asset mutual bank founded in 1871 and headquartered in Kennebunk, Maine. With a mission to support local communities and provide exceptional banking experiences, Kennebunk Savings operates 18- locations throughout southern Maine and seacoast New Hampshire.
