NBT Bank

NBT Bank, which has had a commercial lending office in Portland since 2014, opened a retail branch earlier this year at 191 Marginal Way.

A number of banks across Maine, looking to right-size their footprint and leverage market opportunities, have been retooling their real estate portfolios, with properties bought and sold along with renovations and new construction.

The Norwich, N.Y.-based bank has had a commercial lending office in Portland for more than a decade, but this will be the first branch for retail depositors. 

Headquartered in Norwich, N.Y., NBT has had a commercial presence in Maine since 2014 and recently opened its first retail branch in Portland.

Suzanne Cange will oversee NBT Bank's first retail branch in Maine, set to open soon at 191 Marginal Way in Portland's Bayside neighborhood.

The Norwich, N.Y.-based bank said it has seen “tremendous growth” in its Maine customer base in recent years.

The comparisons to the second quarter of 2025 and to the third quarter of 2024 were significantly boosted by the acquisition of a western New York bank.

The subject was ‘The Housing Crisis: Can we Crack the Code?’ which featured industry experts from architects and municipal and regional planners to developers, builders and bankers. 

A member of the NBT Bank team since 2019, Mark Schaub previously served as senior commercial banking relationship manager.

"We're in a pretty good spot, all things considered," Kenneth J. Entenmann, chief investment officer and chief economist at NBT Wealth Management, told Mainebiz in a phone interview.