Norway Savings Bank Named New President

The appointment of a new president comes as the Maine-based institution prepares for a planned leadership transition.

Updated on Sept. 23, 2026 in Banking

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Norway Savings Bank has appointed Darci Hamm as its new president. The move follows a months-long search process to prepare for the eventual retirement of current CEO Dan Walsh.

Why it matters

The change in leadership signals a long-term strategic transition for the bank, which manages $2.06 billion in assets across 25 locations. Customers can expect leadership continuity as Walsh remains CEO until late 2027.

Norway Savings Bank holds $2.06 billion in assets as of June 30, 2026. The institution operates 25 branches and currently ranks as the 8th largest bank based in Maine.

The players

Darci Hamm

The new president of Norway Savings Bank who previously served as the institution's chief operating officer.

Dan Walsh

The current CEO of Norway Savings Bank who will remain in his role until his planned retirement at the end of 2027.

Patricia Weigel

The chair of the board of directors for Norway Savings Bank.

Norway Savings Bank

A Maine-based financial institution offering consumer banking services and holding $2.06 billion in total assets.

The details

Darci Hamm assumes the role of president after serving as the bank's chief operating officer since 2023. She has a long tenure with the firm, having started her career in 1999 as an in-store banking administrator. CEO Dan Walsh will continue to lead the organization until the end of 2027 and is expected to maintain a seat on the board of directors following his departure.

Darci Hamm joined Norway Savings Bank in 1999.
Dan Walsh became president of the bank in 2020.
Hamm was promoted to chief operating officer in 2023.
The bank reported $2.06 billion in assets on June 30, 2026.
CEO Dan Walsh plans to retire at the end of 2027.

Money Landscape

This leadership transition follows the path established during the 2020 appointment of Dan Walsh as president. It reflects a standard, multi-year succession plan typical for regional financial institutions managing multi-billion dollar asset portfolios.

This leadership change is an internal management transition and does not immediately alter consumer account terms or banking services. Customers should continue to direct specific questions about their personal accounts or local branch access to their existing branch representative.

The takeaway

While the bank is undergoing a change in its presidency, the core operations and customer-facing leadership remain stable through 2027. If you have questions about upcoming service changes or account policies at your local branch, reach out to your account manager to clarify any potential shifts in bank focus.