Stearns Financial Group Appoints Steve Baillargeon as Chief Operations Officer to Drive Growth and Innovation

Stearns Financial Group, a trailblazer in the supplemental executive retirement planning sector based in Cincinnati, Ohio, is thrilled to announce the appointment of Steve Baillargeon as its new Chief Operations Officer (COO). With a remarkable track record and a passion for strategic leadership, Steve is poised to steer the organization toward unprecedented success.

Steve’s Journey: From Maine to the Financial Frontier

Steve’s journey began in the picturesque town of Old Town, Maine, where he cultivated a strong work ethic and a thirst for knowledge. Armed with a Bachelor of Business Administration (BBA) degree from Husson College in Bangor, he embarked on a diverse career path that would shape his expertise.

His early experiences included a stint in Cash Control at Disney World in Florida, where he honed his financial acumen. Later, as a Computer Systems Analyst at Pepsi-Cola, Steve delved into the intricacies of technology-driven process. He then pivoted into the realm of workers’ compensation insurance as the head of the largest claims Third-Party Administrator (TPA) in Bangor. He also served as an Account Manager for CUNA Mutual Group for several years.

A Visionary Leader at Penobscot County Federal Credit Union

Steve’s crowning achievement came during his tenure as President and CEO of Penobscot County Federal Credit Union. Over 19 years, he transformed the credit union from a small entity into a thriving mid-sized institution. His strategic vision, commitment to member service, and innovative approach earned him the prestigious title of Maine Credit Union CEO of the Year in 2019.

Charting New Horizons at Stearns Financial

In 2023, Steve joined Stearns Financial as an Executive Benefits Consultant, leveraging his expertise to guide clients through the intricacies of SERP retirement plans. His impact was immediate, prompting him to assume the role of Chief Operations Officer in 2024. Steve’s leadership will be instrumental in managing the organization’s rapid growth and fostering innovation.

Balancing Work and Adventure

Outside the boardroom, Steve finds solace in the great outdoors. Whether it’s boating, skiing, or hiking, he embraces the beauty of Maine. As a snowbird, he relishes daily walks along Manasota Key Beach in Florida, where the sun meets the sea.

Steve’s appointment as COO marks a pivotal moment for Stearns Financial. His unwavering dedication, strategic prowess, and passion for excellence will undoubtedly propel the organization to new heights.

For media inquiries, please contact Stearns Financial via email:

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