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May 22, 2024

Bangor Savings Bank adds to its wealth management group

Bangor Savings Bank has hired Mike Adams as vice president, senior fiduciary officer and counsel for its wealth management group.

Adams, a 2022 Mainebiz 40 Under 40 honoree, has an extensive background in legal services, trust law and fiduciary responsibilities. He will be based in Portland at the bank’s 280 Fore St. location.

“We are pleased to welcome Mike to Bangor Savings Bank.” said Scott Kenney, senior vice president, director of wealth management and senior trust officer. “His skills, experience, and passion for helping clients achieve their financial goals will be a tremendous asset to our team.”

Michael Adams in a blue suit
Photo / Courtesy Tim Greenway
Michael Adams

Before working at Bangor Savings Bank, Adams was an associate attorney at law firm Preti Flaherty in Portland. There, he focused on real estate, finance, and mergers and acquisitions accounts and was named a 2023 New England Rising Star for lawyers in banking.

Adams has held other positions, including at the Maine Bureau of Consumer Credit Protection, Unum Group, the Cumberland County District Attorney's Office and Monaghan Leahy.

“Joining Bangor Savings Bank is an exciting opportunity to blend my passion for legal expertise with my commitment to financial excellence for the bank’s wealth management clients,” Adams told Mainebiz.

Prior to his legal career, Mike served six years as a combat engineer with the Maine Army National Guard and is a veteran of the Afghanistan War.

He received his bachelor’s degree in political science from the University of Southern Maine and a J.D. from the University of Maine School of Law.

Bangor Savings, founded in 1852, has more than 60 branches in Maine and New Hampshire, as well as business and loan production offices in Maine, New Hampshire and Massachusetts. 

With nearly $7.5 billion in assets as of June 30, 2023, Bangor Savings topped the list of the largest Maine-based banks in the 2024 Mainebiz Book of Lists.

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