ROCKLAND — Maine State Credit Union has announced that Paul Doody has joined the organization as Senior Vice President of Commercial Banking. With nearly 40 years of banking experience, including over 30 years of serving businesses in Waldo County, Doody will focus onbusiness development, commercial lending growth, and enhancing the Credit Union’s presence along the MidCoast, with a special emphasis on the upcoming Belfast branch, set to open in 2026.

“We are thrilled to welcome Paul to our team,” said Stephen Wallace, President and CEO of Maine State Credit Union, in a news release. “His leadership in commercial banking, combined with his strong relationships in Knox and Waldo Counties, will help us strengthen business development, expand our presence in Belfast and beyond.”

Doody takes experience to his new role, having served in branch management, regional leadership, and commercial lending. He is well known for his community involvement, currently serving as Treasurer and Board Member of the Northport Golf Club. He has also held leadership roles as President of the Belfast Rotary Club, President of the Belfast Area Chamber of Commerce, Treasurer and Board Member of the Waldo County YMCA, and Board Member and Committee Member of the Belfast Curling Club.

“Paul’s decades of expertise and deep community connections make him an ideal fit for our mission,” said Bruce Harrington, Head of Commercial Banking, in the release. “His understanding of local businesses and commitment to the MidCoast will help us expand commercial lending and deliver solutions that drive long-term growth for our members and communities.”

Doody said he was drawn to Maine State Credit Union’s growth strategy and commitment to community. “Maine State Credit Union is known as one of the best and fastest growing in the State. Given the new office's construction in Belfast and my experience in this market, it seemed a win-win situation for both parties. I am excited to be part of an organization that is committed to its members, its employees, and to Maine communities.”

Outside of work, Doody is an avid golfer and curler, often traveling throughout Maine and Canada to enjoy these activities.

Paul is ready to help businesses, large and small, learn about Maine State Credit Union and the credit union movement.  He may be reached via email at pdoody@mainestatecu.org or via phone at 624-0858.

Maine State Credit Union opened a branch in Rockland in 2024 and plans to open a new branch and operations center in Belfast in Spring 2026, as part of its continued expansion along the MidCoast. 

About Maine State Credit Union

Maine State Credit Union has more than $750 million in assets and more than 35,000 members. Headquartered in Augusta, the Credit Union has been serving the financial needs of its members since 1935. Open to residents of Androscoggin, Cumberland, Kennebec, Knox, Lincoln, Somerset, Sagadahoc, and Waldo counties, Maine State Credit Union is known for its exceptional member service and community commitment.

With a team of over 140 employees, Maine State Credit Union has been named one of the Best Places to Work in Maine for 14 consecutive years and has been recognized by Forbes as one of the top credit unions in the state for the past four years. Maine State Credit Union offers a full range of financial products and services to help its members thrive.

Learn more at MaineStateCU.org.