The First welcomes Lorraine Ouellete to First Advisors

By First National Bank | May 27, 2011
Lorraine Ouelette

Daniel R. Daigneault, President and Chief Executive Officer of The First Bancorp, recently announced that Lorraine Ouellette has joined First Advisors as a Senior Relationship Manager. First Advisors is the investment management division of The First.

“We welcome Lorraine to the team and look forward to her playing an extremely active role in our business development strategies. She comes to us with a wealth of knowledge and experience that is rooted in personalized service, all of which are great assets to share with our clients,” stated Executive Vice President and Chief Operating Officer, Tony C. McKim.

Lorraine Ouellette brings over 25 years of experience in the financial services industry.  She began her banking career at Fleet Bank of Maine in 1985 where she eventually assumed the responsibilities of Trust Employee Benefit Administrator.  In 1992, Lorraine joined the Trust Department of Union Trust (now Acadia Trust), and by 2002 she had attained the position of Vice President and Trust Officer.

“First Advisors has built a reputation for providing customized investment management and trust services to each of our clients. The arrival of Lorraine Ouellette represents the continued growth of our firm and our deep commitment to sustaining the First Advisors’ strong brand of service,” stated Steven Parady, Senior Trust Officer for First Advisors. Ouellette is currently based in the Bar Harbor office of First Advisors, where she is available to meet with new and existing clients.

Ouellette received her Associates degree in Business Management from Eastern Maine Community College and later earned a Bachelor of Arts degree in Business Administration from Husson College.  She has also completed online training with Cannon Trust School and completed the Certified Employee Benefit Specialist (CEBS) program at the Wharton School of Business.

Lorraine has served as board president for Special Children’s Friends, and she served as treasurer for the Ellsworth Free Medical Clinic.  She also participates in the Autism Society of Maine’s Annual Walk for Autism. Lorraine resides in Ellsworth with her husband, Chris, and their triplet daughters, Chantal, Renee, and Christa.

First Advisors is the investment management and trust division of The First, N.A., an independent community bank with over $1 billion in assets and fourteen branches throughout Knox, Lincoln, Hancock, and Washington Counties. First Advisors provides investment advisory and trust services for more than $640 million in client assets. For more information about First Advisors, please call 1-866-563-1900 or visit

Comments (0)
If you wish to comment, please login.