• 8.5.24
• Member News

Alice Cole Becomes Chair of Champlain National Bank Board

Peter S. Paine, Jr., Chairman of the Board of Directors of Champlain National Bank and its holding company, Champlain Bank Corporation, is pleased to announce that at a recent board meeting, Alice Cole of Willsboro was elected as the new Chairperson of both Boards.  Ms. Cole is the fourth member of the Paine family to serve as Champlain National Bank Board Chair and is the first woman to hold the top role.  Mr. Paine will remain as an active member of the Board. 
 

"I am delighted to be succeeded as Chair by my cousin, Alice Cole,” said Mr. Paine.  “Her background and experience make her eminently qualified to lead the Board in the years ahead.  She will continue our family's commitment to maintain the Bank as an independent, community bank focused on serving customers in our area." 
 

“We are thrilled Ms. Cole accepted this important leadership position,” said Steven Cacchio, Champlain National Bank President and CEO.  “Given her years of service, knowledge of our business, and the respect of her Board colleagues and Champlain National Bank management, I expect her leadership to have a significant impact on our continued success.

Ms. Cole has more than 40 years of experience in the banking and financial sectors, working for both large national and community banks.  She currently works as a private Financial Services Consultant and holds CFP™ and a CIMA™ designations.  Ms. Cole is an honors graduate of Occidental College where she earned two degrees in Economics and Political Science.  She serves on the Advisory Board of Douglass Winthrop, the Investment Committee of the Garden Club of America and is Trustee Emeritus/Former Board Chair of the Berkshire School.  She lives in Willsboro and Vero Beach, FL with her husband, Wallace. 

“I am honored to be chosen as successor to Peter Paine Jr., as head of the Board of Champlain National Bank,” said Ms. Cole.  “I look forward to overseeing the Bank and serving the financial needs of our North Country communities.”