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October 12, 2022

Machias Savings welcomes veteran business banker

Lucie Hannigan, who has more than 25 years of experience in the banking business, has been named the new senior vice president, cash management relationship manager at Machias Savings Bank. 

“I was drawn to Machias Savings Bank’s customer-first, community-driven ethos because it aligns with what has always been my own path — a dedication to the state of Maine, our people, and making our economy move,” Hannigan said. “All of my experience to date has led me to this point.”

She will work closely with business bankers to provide cash management solutions for clients, with a focused, holistic approach to business banking. Hannigan will be based out of the Portland office. 

Courtesy / Jill Blanch
Lucie Hannigan, Machias Savings Bank

Hannigan has worked in cash management and business banking at People’s United, Bangor Savings and TD Bank. Her most recent position was at Northeast Bank as the director of business banking.

“She has an established reputation for putting customers first throughout her career, and her creativity and enterprising attitude align perfectly with our existing cash management team,” said Jim Edwards, SVP, cash management solutions at Machias Savings Bank. 

Machias Savings Bank was founded in 1869, and it has nearly $2.3 billion in assets, 300 employees and 15 branches from Portland to Caribou.

It was ranked No. 8 among the largest market share in the 2022 Mainebiz Book of Lists, based on Maine deposits as of June 30, 2021. Machias Savings Bank also ranked No. 6 among the largest Maine-based banks, based on total assets as of June 30, 2021.

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