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May 21, 2019

Bangor Savings Bank officially opens its new headquarters

Bangor Savings Bank Courtesy / Bangor Savings Bank Bangor Savings Bank President and CEO Bob Montgomery-Rice cuts a ribbon Monday during the grand opening celebration for the new bank campus overlooking the Penobscot River in Bangor. Bangor Savings Bank Development Partner David Latulippe, left, and Cianbro Chairman Peter Vigue look on.
Bangor Savings Bank has $4 billion in assets and more than 950 employees in Maine, New Hampshire and Massachusetts. 
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Nearly 400 Bangor Savings Bank employees joined building project partners and community leaders who turned out Monday to celebrate the grand opening of the company’s new campus overlooking the Penobscot River in Bangor.

The campus along Main Street and Hamlin Way includes the bank’s new administrative headquarters and a 117,000 square-foot operations center that is home for 370 employees. Technology, accounting, payroll operations, and the bank’s primary call center are among the teams housed at 11 Hamlin Way. 

The new five-story headquarters and waterfront campus has capacity for 500 employees.

Bank President and CEO Bob Montgomery-Rice gave remarks, along with Cianbro Chairman Peter Vigue, whose firm built the headquarters; Bangor Savings’ development partner David Latulippe; and Bangor Region Chamber of Commerce President Deb Neuman.

“Having the bulk of our Bangor-based employees in one location creates obvious efficiencies, allowing opportunities for people to easily connect and collaborate,” said Montgomery-Rice. “This investment highlights our continued commitment to Bangor, acknowledging both our past and our future. Beyond that, it highlights our steadfast commitment to support our employees and our customers… today, tomorrow and beyond.”

The operations center at 11 Hamlin Way has a café, a gym, 80 geothermal wells and a 1,400-panel solar array on the roof of its attached parking garage. Next door at 24 Hamlin Way is Bangor Savings’ administrative headquarters.
 

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