

Bob Montgomery-Rice
President & CEO, Bangor Savings Bank
Bob Montgomery-Rice is Chief Executive Officer of Bangor Savings Bank, as well as the President of the Bank’s holding company, Bangor Bancorp, MHC. Bangor Savings Bank is a deeply trusted, mutually-held financial institution with more than $7 billion in assets and more than 70 locations across Northern New England.
Under Bob’s visionary and bold leadership, the Bank has transformed into a nationally and regionally recognized financial institution for its modernized and pioneering approach to the digital payments ecosystem, customer experience, corporate culture, and more. While doubling the Bank’s asset size and vastly expanding its geographic footprint under his leadership, Bob is committed to building for long-term success. He drives success through diversified revenue streams, strategic acquisitions, and leading with the organization’s mission of ensuring employees, customers, and communities thrive.
In addition to being a founding board member of IncumbentFI, Inc., Bob carries over his commitment to community by currently serving in various Board and advisory capacities, including the Maine State Chamber of Commerce Board, LifeFlight Foundation Board, Maine Community College Foundation Board, and Maine Public Board. Bob has also previously served on the Maine Bankers Association Board, United Way of Eastern Maine Board, Maine Economic Research Institute (MERI), and on the Governor’s Economic Recovery Committee as Co-Chair of the Innovation and Tourism subcommittees.