Bangor Savings Bank

🔒Longtime leader of Bangor Savings Bank to step down at end of August

Bangor Savings Bank President and CEO Bob Montgomery-Rice will retire on Aug. 31.

Bangor Savings’ parent company doubles net income for fiscal year

For the fiscal year ended March 31, the owner of Bangor Savings Bank had net income of $30.2 million, up from $12.6 million a year earlier.

Relationship business: How to tune up the skill set and advance in banking

When bankers talk about the skills needed to grow in the industry, they often refer to technical skills, such as the mechanics of how a loan works, and soft skills — the people skills that include interacting and communicating with customers.

18 Maine nonprofits awarded grants to boost community impact

In total, Bangor Savings Bank's philanthropic arm awarded $77,450 to 27 nonprofits across northern New England.
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Bangor ‘Boot Camp’ aims to help small Maine businesses scale up

Graduates of the program will be better prepared to audition for the "Greenlight Maine" business-pitch series the following season, though participation does not guarantee selection.

🔒Newsworthy people and performances for Dec. 1, 2025

A roundup of new hires, promotions and achievements at businesses, nonprofits, health care operations and professional services firms in Maine.

Housing crisis will be the topic of southern Maine initiative

Participants will include the CEOs of the Maine State Chamber of Commerce and Portland Regional Chamber of Commerce, as well as the president of MEREDA and the CEO of Bangor Savings Bank.

Two Maine banks chip in on MDI Hospital’s campus improvement project

The donations will help fund improvements to the hospital’s main campus in Bar Harbor, including an expanded emergency department, main entrance and ambulance bay.
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Portland police investigating two bank robberies

The robberies occurred within four days of each other, at Kennebec Savings on Baxter Boulevard and Bangor Savings on Brighton Avenue. Police are still investigating and will not comment on whether the two cases are related.

Hiring roundup: Two Maine banks add to their teams

Bangor Savings and Kennebec Savings banks recently added to their ranks with new hires.
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