Maine Community Bank Names Travis Hersom as Chief Information Officer

PORTLAND, Maine — June 17, 2026 — Maine Community Bank has appointed Travis Hersom as Chief Information Officer, reinforcing the bank’s commitment to strong technology leadership and secure banking services.

Hersom joins Maine Community Bank following seven years with Baker Newman Noyes, where he served as Chief Information Officer. He brings more than 25 years of experience leading technology strategy, infrastructure, cybersecurity, business intelligence, and enterprise systems across a range of industries, including financial services, healthcare, and professional services. Throughout his career, he has focused on helping organizations leverage technology to improve performance, strengthen security, and support long-term growth.

As Chief Information Officer, Hersom will lead the bank’s information technology strategy, overseeing the systems, platforms, and technology investments that support efficient operations to better serve customers and communities across southern and central Maine.

“Technology touches nearly every part of the banking experience today,” said Steve deCastro, Chief Executive Officer of Maine Community Bank. “Travis brings deep expertise and a strong track record of aligning technology with business goals. As we continue to grow and evolve, his experience will help strengthen our technology capabilities and support the exceptional service our customers expect.”

Hersom said he is looking forward to joining the organization and building relationships across the bank.

“Maine Community Bank has a strong reputation for serving its customers and communities with integrity and purpose,” said Hersom. “I’m excited to join the team and help advance the technology capabilities that support that mission.”

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About Maine Community Bank

Headquartered in Portland, Maine Community Bank is the largest mutual savings bank operating exclusively in the state, with nearly $3 billion in assets and 21 branches across Androscoggin, Cumberland, and York counties. With a rich 150+ year heritage, the bank remains proudly ‘All in on Maine’ and committed to helping Maine families, businesses, and communities thrive.

As the only bank headquartered in Cumberland County, Maine Community Bank is a depositor-owned institution committed to local decision-making and offering a comprehensive suite of both personal and business financial services, as well as wealth management.

Committed to the well-being of its communities, Maine Community Bank annually contributes thousands of volunteer hours and financial resources to community-based initiatives. By investing in local partnerships that promote financial literacy, stimulate economic growth, and foster entrepreneurship, the bank strengthens the fabric of the communities it serves. Learn more at maine.bank.

Maine Community Bank Enhances Cash Management Team, Launches Dedicated Merchant Services Division

PORTLAND, Maine — June 16 , 2026 — Maine Community Bank announced today a realignment of its Cash Management team as the bank continues to expand its commercial banking capabilities and serve more businesses across its growing footprint. Christine Weymouth will continue to lead the department with her deep experience across all facets of the business.

As MCB approaches $3 billion in assets, the bank is evolving its cash management strategy to better serve commercial client relationships through an advisory approach, modern payments, and enhanced automation. The updated structure organizes the team into three focused areas: Advisory and Sales, Product Management, and Client Support.

As part of that evolution, Maine Community Bank is also establishing a dedicated Merchant Services Division within Cash Management, reflecting growing demand for card processing, point-of-sale systems, and e-commerce solutions coupled with competitive pricing and local service. The division will operate effective immediately.

Marjorie McAvoy has been named VP, Merchant Services Sales Manager, and will continue to lead merchant services in the newly established division. McAvoy, who has played a key role in the bank’s growing merchant services efforts, will oversee an expanding portfolio of payment solutions designed to help businesses navigate increasingly complex commerce and technology needs.

The decision to create a dedicated Merchant Services Division was driven by growing demand for more consultative payment and technology support from local businesses. Merchant services has become increasingly complex, often requiring tailored guidance around integrated platforms, payment security, and software solutions.

“Businesses are looking for strategic and thoughtful guidance paired with efficient products and technology,” said Steve deCastro, CEO of Maine Community Bank. “Payments are evolving quickly, and companies expect a partner who can help them make smart decisions around technology, security, customer experience, and operations. This structure allows us to bring more focus, expertise, and an advisory approach to the way we support Maine businesses with their cash management needs.”

Kristina Therrien will assume the new role of Cash Management Sales Manager, overseeing a dedicated Sales and Advisory team that will partner with Commercial Bankers and branches to drive client growth. Therrien brings 15 years of industry experience, along with strategic insight and proven leadership.

Pam Reynolds will move into the role of Cash Management Senior Sales Officer, focusing on client relationships and tailored solutions. Known for her trusted-advisor approach, Reynolds will continue helping clients identify the services and support that best fit their business needs.

DeeDee Dusseault will assume the new role of Cash Management Product and Customer Experience Manager. Dusseault brings more than 25 years of experience across banking, customer service, and operations. She will focus on optimizing payment solutions, products, services, onboarding, and ongoing client support.

Barbie Wilson and Jazmine Duran will serve as Product Officers, applying their branch management background and cash management experience to ACH and remote deposit capture products and workflows.

Maine Community Bank’s Cash Management team supports businesses with treasury management, merchant services, ACH, remote deposit capture, payment solutions, fraud mitigation tools, and other services designed to help clients operate more efficiently and grow with confidence.

Businesses interested in learning more can visit maine.bank/cash-management.

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About Maine Community Bank

Headquartered in Portland, Maine Community Bank is the largest mutual savings bank operating exclusively in the state, with nearly $3 billion in assets and 21 branches across Androscoggin, Cumberland, and York counties. With a rich 150+ year heritage, the bank remains proudly ‘All in on Maine’ and committed to helping Maine families, businesses, and communities thrive.

Maine Community Bank Announces Leadership Transition in Marketing and Communications

PORTLAND, Maine—June 3, 2026—Maine Community Bank announced today a leadership transition that brings marketing and communications under an integrated approach, aligned with the bank’s focus on culture, customer relationships, and community trust.

Brian Robinson, currently Director of Human Resources, will serve in an expanded role as Senior Director of People & Communications. In this position, Robinson will lead the bank’s marketing and communications functions while continuing to oversee human resources.

Robinson brings a deep understanding of organizational culture, employee engagement, and community connection. His expanded role reflects the bank’s belief that how it communicates externally starts with the strength of its people and internal culture.

“Brian understands what makes this organization work,” said Steve deCastro, CEO of Maine Community Bank. “He has built trusted relationships across the bank and in the communities we serve. Bringing people and communications together under his leadership strengthens how we show up for our customers.”

“By aligning people, marketing, and communications, we are positioning ourselves, internally and externally, in support of our vision to be the most trusted bank and financial services advisor in every community we serve,” said deCastro.

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About Maine Community Bank

Headquartered in Portland, Maine Community Bank is the largest mutual savings bank operating exclusively in the state, with nearly $3 billion in assets and 21 branches across Androscoggin, Cumberland, and York counties. With a rich 150+ year heritage, the bank remains proudly ‘All in on Maine’ and committed to helping Maine families, businesses, and communities thrive.

Maine Community Bank Increases Its LaunchPad Grant Prize to $75,000, Expands Support for Innovative Emerging Businesses

PORTLAND, Maine—May 21, 2026—Maine Community Bank is raising its LaunchPad small business competition grant from $50,000 to $75,000 and its Emerging Business Award grant from $10,000 to $15,000, expanding the Bank’s investment in entrepreneurs building their businesses in Maine.

Now in its 13^th year, LaunchPad began with a simple mission: give early-stage businesses a real chance to move their business forward through a no-strings-attached capital investment. Over time, it has grown into an important fixture of Maine’s startup ecosystem with nearly $700,000 in grants awarded by the Bank to Maine’s most innovative small businesses.

As the program has grown, so have the ambitions of the founders stepping onto the LaunchPad stage.

“The applicants we’re seeing today have different funding needs than even a few years ago,” said Steve deCastro, CEO, Maine Community Bank. “Founders are building really innovative and scalable companies here. Our grant increase reflects that and better supports them with more nondilutive capital to reach the next level.”

The grant increase is meant to meet founders and companies where they are. For some, that means turning early momentum into something sustainable. For others, it means having the resources to take a first real step.

“Early capital can change the pace of a business,” said deCastro. “At the right moment, it gives an entrepreneur the ability to commit, to hire, or to push a business further than they could on their own.”

For the past winners—Pika Energy, Bixby Chocolate, Flowfold, Good To-Go, North Spore, Casco Bay Creamery, HighByte, Tanbark, Bookclubs, Alivo, and PFAS Laboratories—Maine Community Bank’s LaunchPad has been pivotal part of their startup journey by helping open doors to new customers, new hires, new expansions, and a reason to stay and scale in Maine.

Applications for the Bank’s 2026 LaunchPad competition will open on July 13 at maine.bank/launchpad, with the live event taking place on October 20 at University of New England in Portland.

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About Maine Community Bank

Headquartered in Portland, Maine Community Bank is the largest mutual savings bank operating exclusively in the state, with nearly $3 billion in assets and 21 branches across Androscoggin, Cumberland, and York counties. With a rich 150+ year heritage, the bank remains proudly ‘All in on Maine’ and committed to helping Maine families, businesses, and communities thrive.

Maine Community Bank Expands Wealth Management Team with Matthew Cyr and Lisa Dube

PORTLAND, Maine—May 13, 2026—Maine Community Bank continues to build its wealth management capacity with the addition of two experienced professionals who share a belief that financial guidance starts with relationships.

Matthew Cyr has joined the bank as Senior Vice President, Director of Wealth Management. He brings decades of experience in financial services and a track record of growing a wealth management program into a trusted resource for clients and their families. His work has centered on helping people make informed decisions with an approach rooted in disciplined investment guidance over time and nurturing long-term relationships. In this role, he will guide the continued growth of the bank’s wealth management program and shape an approach that connects financial planning with everyday banking relationships.

“I have spent my career in community banking because I believe relationships still matter,” said Cyr. “At the end of the day, this business is about trust, guidance, and being there for people through all stages of life. What drew me to Maine Community Bank is the opportunity to build something meaningful. Wealth management should feel accessible, thoughtful, and connected to the everyday banking experience. There is a real opportunity here to bring together strong local relationships, practical financial guidance, and a long-term view that helps clients move forward with confidence in every chapter. I am excited to get started, work alongside a talented team, and strengthen the program in a way that reflects both the values of the bank and the needs of the communities we serve.”

Cyr is known for developing client relationships that last across generations. Prior to joining Maine Community Bank, he led Saco & Biddeford Savings’ Financial Services program, where he built teams with a focus on accountability and sound advice. With deep roots in Southern Maine, Cyr brings a clear understanding of the people and communities the bank serves.

Joining Cyr is Lisa Dube, Senior Financial Services Assistant, who will be based in the bank’s Biddeford location. She brings more than 25 years of experience in financial services and a reputation for steady, thoughtful client support. Dube will assist Cyr along with the program’s two established financial advisors.

“Bringing Matt and Lisa aboard is an important step in how we continue to evolve,” said Steve deCastro, CEO of Maine Community Bank. “They share our belief that financial guidance should feel personal and rooted in trusted local relationships. Their experience, along with the way they connect with clients, will help us continue developing our wealth management offering to reinforce our commitment to Maine families, businesses, and communities.”

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About Maine Community Bank

Headquartered in Portland, Maine Community Bank is the largest mutual savings bank operating exclusively in the state, with nearly $3 billion in assets and 21 branches across Androscoggin, Cumberland, and York counties. With a rich 150+ year heritage, the bank remains proudly ‘All in on Maine’ and committed to helping Maine families, businesses, and communities thrive.

Maine Community Bank Announces Executive Leadership Transition in Commercial Banking

PORTLAND, Maine—May 5, 2026—Maine Community Bank announced today that Chief Commercial Officer Karl Suchecki will retire at the end of May after more than two decades with the bank. Longtime employee Matt Early, currently Senior Vice President and Director of Commercial Banking, has been named Chief Commercial Officer and will step into the role upon Suchecki’s retirement, ensuring continuity of leadership.

Suchecki joined the bank in 2004 as a Commercial Banker and advanced through a series of leadership roles before being named Chief Commercial Officer in 2019. Over the course of his tenure, he played a central role in shaping the Bank’s commercial strategy and strengthening relationships with businesses and organizations across Maine.

“Karl has been a steady hand through an enormous amount of change and growth, and he’s done it by building trust, developing people, and consistently showing up for customers,” said Steve deCastro, CEO, Maine Community Bank. “The strength of our commercial team is a direct reflection of his leadership. We are grateful for his contributions and the example he has set for so many of our colleagues.”

Early will carry that strength forward, continuing the department’s focus on external networking, partnership development, and relationship building. He brings more than 30 years of experience in banking and a longstanding commitment to supporting economic development across Maine.

“Matt understands what makes community banking work, especially here in Maine,” said deCastro. “He has built his career around relationships and helping businesses and communities thrive. He is the perfect choice to lead this next chapter of growth for our organization.”

Early is a graduate of the University of Maine and holds an MBA from Southern New Hampshire University. He previously served on the board of the Maine Real Estate & Development Association (MEREDA) and works closely with local housing authorities to support affordable housing initiatives.

“I’m honored to step into this role and continue the work Karl has led so well,” said Early. “Community banking is rooted in relationships. I look forward to working alongside our team to strengthen those connections and build on that foundation to expand our impact across Maine.”

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About Maine Community Bank

Headquartered in Portland, Maine Community Bank is the largest mutual savings bank operating exclusively in the state, with nearly $3 billion in assets and 21 branches across Androscoggin, Cumberland, and York counties. With a rich 150+ year heritage, the bank remains proudly ‘All in on Maine’ and committed to helping Maine families, businesses, and communities thrive.

Maine Community Bank Maine Marathon Names 2026 Beneficiaries, Directing $65,700 to Four Maine Nonprofits

PORTLAND, Maine (March 25, 2026) —The Maine Community Bank Maine Marathon is proud to announce its 2026 beneficiaries: Camp No Limits, Day One, Nanna’s House, and Pine Tree Society. Together, these four Maine-based nonprofits will receive $65,700 from the proceeds of the annual, nonprofit, volunteer-run race, which will take place on Sunday, October 4, 2026, in Portland.

Organized each year by the Maine Track Club, the Marathon, Half Marathon, and Relay continues its tradition of supporting local organizations that make a meaningful difference for Maine children, families, and communities. This year’s beneficiaries were selected for their dedication to providing essential services, compassionate support, and life-changing opportunities across the state.

Camp No Limits – Wales ($20,000) – Camp No Limits serves children and young adults with limb loss and limb differences. The Camp provides education, mentorship, and adaptive recreational experiences that build confidence, connection, and independence.

Day One – Windham ($20,000) – Day One supports Maine youth and families through substance use prevention, treatment, and mental health services, helping young people navigate some of life’s most difficult challenges with care and stability.

Nanna’s House – Standish ($5,700) – Nanna’s House supports children entering the foster care system by providing age-appropriate supply kits that help meet immediate needs and bring a small measure of comfort during moments of transition.

Pine Tree Society – Scarborough ($20,000) – Celebrating 90 years of service, Pine Tree Society creates opportunities for Maine children and adults with disabilities to live full, engaged lives through programs that promote independence, communication, and inclusion.

“This race is an amazing expression of community,” said Steve deCastro, CEO, Maine Community Bank, the title sponsor of the Maine Marathon since 2010. “Each beneficiary is doing deeply important work helping Maine children and families, and we are proud to support their efforts through such an uplifting and meaningful event.”

Since 1979, the Marathon has raised nearly $9 million for charity. Each year, volunteer organizers select a group of nonprofits from the community to receive proceeds from the race, continuing a longstanding tradition of giving back through one of Maine’s signature road races.

“The organizations chosen as our 2026 beneficiaries represent the kind of compassionate, high-impact work that has always been at the heart of the Marathon,” said Bob Dunfey, volunteer race director of the Maine Community Bank Maine Marathon. “We’re excited to partner with them in the year ahead and help expand their impact through the race and the additional fundraising opportunities it provides.”

In addition to direct funding, the Marathon offers participating nonprofits the opportunity to raise additional support through the event’s broader fundraising efforts. Beneficiaries also play an important role on race weekend by providing volunteers to assist with operations throughout the course, helping make the event a success for runners, spectators, and the community alike.

The 2026 race will once again feature its scenic Portland course, with the marathon, half marathon, and relay starting and finishing near Back Cove. A USATF-certified course and Boston Marathon qualifier, the event draws runners from Maine and beyond while keeping its focus firmly on local impact.

For more information about the Maine Community Bank Maine Marathon, to register, or to learn more about the 2026 beneficiaries, visit MaineMarathon.com.

About the Maine Marathon
The Maine Marathon, Half Marathon, and Relay is a volunteer-run nonprofit event organized by the Maine Track Club. Held annually in Portland, Maine, the race is a Boston Marathon qualifier and directs net proceeds to Maine-based charitable organizations.

About the Maine Track Club
The Maine Track Club, the state’s largest running club, has organized the Maine Marathon since 1997. As a nonprofit, volunteer-run organization, the club is committed to promoting running and raising funds for local charities.

About Maine Community Bank
Headquartered in Portland, Maine Community Bank is the largest mutual savings bank operating exclusively in the state, with nearly $3 billion in assets and 21 branches across Androscoggin, Cumberland, and York counties. Formed from the merger of Gorham Savings Bank and Maine Community Bank—two of Maine’s longest-standing community banks with rich 150+ year heritages—the bank combines the strengths of both institutions to create an even stronger, more capable, and more convenient institution for Maine families, businesses, and communities.

Marcus Buzulchuck Named Vice President, Commercial Banking Officer

PORTLAND, Maine (February 12, 2026) — Marcus Buzulchuck has joined the commercial banking team as Vice President, Commercial Banking Officer, supporting small businesses throughout the Southern Maine market.

Buzulchuck will be based in the bank’s Biddeford office. He previously served as branch manager of the Biddeford–Main Street location and brings nearly 15 years of experience with the bank.

“Marcus’s promotion reflects our commitment to developing talent from within and investing in people who understand our communities and our clients,” said CEO Steve deCastro. “His experience, leadership, and deep roots in Southern Maine position him well to support the region’s small businesses.”

In his new role, Buzulchuck will work closely with local business owners, providing tailored commercial banking solutions to support their growth and long-term success.

About Maine Community Bank

ank combines the strengths of both institutions to create an even stronger, more capable, and more convenient institution for Maine families, businesses, and communities.

This article originally appeared in Mainebiz.

By Kim Donnelly, Chief Client Development Officer, Maine Community Bank

Owning a business is never about just earning a living. For many families, the business becomes a source of identity, pride, and long-term security. After decades of working with Maine entrepreneurs, I have seen how much of themselves owners pour into their companies, and how often the planning that helps a business endure gets pushed aside in the rush of daily work.

A lasting business legacy takes foresight. Think of legacy as maximizing the value of the business and keeping your future options open. It comes from the decisions you make now, the structure you build, and the clarity you bring to what you want the next chapter to look like. Whether you hope to pass the company to family, transition it to employees, prepare it for sale, or use it to support future generations, early planning makes an enormous difference.

Here is a practical roadmap for business owners.

Start with a Clear Vision for the Business

Every owner has a personal definition of success. Some picture their children running the business. Others imagine an employee-led future such as an ESOP. Others want to position the company for a sale or simply keep it healthy so it can support the next generation.

Being clear about your long-term goal guides everything from reinvestment decisions to hiring to leadership development. Most owners have a large share of their personal wealth tied to their company. Think of the business as your key financial asset. Strengthen it, protect it, and design it so it can function without depending entirely on you.

Document Core Processes: Write things down. Document core processes, financial practices, customer relationships, and operational knowledge. A well-documented business is easier to run, easier to value, and far easier to hand off when the time comes.
Build A Team of Trusted Advisors: From a CPA to an estate attorney to investment advisors, it’s critical to surround yourself with experts you trust to make navigating this process at every stage a lot easier.

Sustain the Business with Structure and Early Succession Thinking

Start succession planning early, even if stepping back feels far away. Whether your successor will be a family member, a key employee, or an outside buyer, preparation gives you options and adds value. Ideally, begin this process 5 to 10 years before your target date to step back.

Build simple governance:

Hold ownership or advisory meetings on a regular schedule, even if the group is small.
Clarify roles and how decisions get made.
Introduce the next generation, whether family or employees, to the financial and operational side of the business.

Review your plan every year. Markets move, families change, and laws evolve. A brief annual update keeps your plans current and avoids being caught off guard.

Protect Everything You Have Built

The overlap between family and business creates risks that deserve early attention. Common issues include:

Taxes that force unwanted sales or transfers
Creditor claims or legal exposure that puts assets at risk
Family disagreements that disrupt both relationships and operations

A few steady steps create strong protection:

Maintain liquidity outside the business, whether in cash, investments, or well-structured insurance. This allows you to cover taxes, buyouts, or emergencies without selling the company under pressure.
Use trusts, buy-sell agreements, and thoughtful entity structuring to guide future transfers and shield assets.
Consider including philanthropy in your long-term plan. A donor-advised fund or small family foundation can reinforce shared values and create a sense of continuity across generations.

Closing Thought

A business that continues beyond the founder does not happen on its own. It takes the same discipline and focus that helped you build it in the first place, along with a willingness to plan ahead. Starting now makes the future smoother for your family, your employees, and the community that has supported the business.

Set the conversations in motion. Organize the systems. Put the right protections in place. With steady, thoughtful planning, your business can keep creating opportunity long after you step back from day-to-day leadership.

You built something meaningful. With some planning and clarity, you can help it last.

Learn more at maine.bank/wealth.

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About the author

As Chief Client Development Officer at Maine Community Bank, Kim Donnelly provides strategic direction for cash management services, residential and consumer lending, as well as the Bank’s wealth management division. She also oversees the bank’s partnership with Bigelow Investment Advisors.

Portland, Maine – October 29, 2025 – The Biddeford, Gorham, and Mechanics Savings Foundation, one of the philanthropic arms of Maine Community Bank, has pledged $40,000 to food banks across southern Maine. Combined with recent contributions to Good Shepherd Food Bank and several smaller community organizations, the Bank’s total support for hunger relief in 2025 now exceeds $60,000.

The funds will be distributed over the next several weeks to food pantries and hunger relief programs within the bank’s footprint. The initiative comes at a time when Maine families are facing increased pressure due to ongoing challenges with federal SNAP and WIC programs.

“Food insecurity continues to affect too many of our neighbors,” said Steve deCastro, CEO of Maine Community Bank. “As a community bank, we believe it’s our responsibility to help ensure that families in our towns have access to basic needs like healthy, affordable food. We encourage anyone who can to consider giving to their local food bank this season.”

The Foundation’s commitment builds on Maine Community Bank’s mission to strengthen the communities it serves through health, housing, hunger, and aspiring youth. The Foundation works to help the next generation overcome inequality and build unity across diverse communities.

To learn more about how Maine Community Bank supports local organizations or to find a food bank near you, visit www.mainecommunitybank.com/foundation.

About the newly combined Maine Community Bank

Headquartered in Portland, Maine Community Bank is the largest mutual savings bank operating exclusively in the state, with nearly $3 billion in assets and 21 branches across Androscoggin, Cumberland, and York counties. Formed from the merger of Gorham Savings Bank and Maine Community Bank—two of Maine’s longest-standing community banks with rich 150+ year heritages—the bank combines the strengths of both institutions to create an even stronger, more capable, and more convenient institution for Maine families, businesses, and communities.