Bangor Savings Bank Makes Investment in Employees That is Sure to Pay Dividends

January 10, 2019
For More Information:
Carol Colson
Bangor Savings Bank
(207) 990-6465
carol.colson@bangor.com

BANGOR, Maine – Bangor Savings Bank recently partnered with Husson University on a unique
course offering that enabled 24 bank employees to earn a master’s degree in Business
Administration. The bank held an event Jan. 3 to congratulate the recent graduates.

The master’s program was fully paid for by Bangor Savings Bank, and structured to bring
Husson instructors to the bank to teach the thoughtfully constructed and rigorous course work,
making it easier for the students to balance full-time jobs and families.

“Husson is proud to provide advanced business education through our MBA program to the
hard-working professionals at Bangor Savings Bank,” said Marie Hansen, Ph.D., Dean of the
College of Business at Husson University. “Our goal, as Maine’s largest College of Business, is to
provide students with the opportunity to achieve career success as they lead their
organizations through change and growth.”

Bangor Savings Bank President and CEO Bob Montgomery-Rice commented, “We were so
pleased to offer our employees the opportunity to earn their advanced degree at no cost to
them. We understand the importance of a highly skilled workforce and the positive impact
these business leaders will have on our organization, our customers, and the region.”

With a clear focus on employee and customer experience, Bangor Savings has been recognized
as a Best Places to Work in Maine Company for each of the last nine years and ranked “Highest
in Customer Satisfaction with Retail Banking in New England” by J.D. Power for three out of the
last four years.

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About Husson University
For more than 100 years, Husson University has prepared future leaders to handle the challenges of
tomorrow through innovative undergraduate and graduate degrees. With a commitment to delivering
affordable classroom, online and experiential learning opportunities, Husson University has come to
represent superior value in higher education. Our Bangor campus and off-campus satellite education
centers in Southern Maine, Wells, and Northern Maine provide advanced knowledge in business; health and education; pharmacy studies; science and humanities; as well as communication. In addition, Husson University has a robust adult learning program. According to a recent analysis by U.S. News & World Report, Husson University is the most affordable private college in New England. For more information about educational opportunities that can lead to personal and professional success, visit Husson.edu.
About Us

Bangor Savings Bank, with more than $4 billion in assets, offers retail banking to consumers as well as comprehensive commercial, corporate, payroll administration, merchant services, and small business banking services to businesses. The Bank, founded in 1852, is in its 167th year with 58 branches in Maine and New Hampshire and on the Web at www.bangor.com. The Bangor Savings Bank Foundation was created in 1997. Together the Bank and its Foundation invested more than $2 million into the community in the form of nonprofit sponsorships, grants and partnership initiatives last year. Bangor Savings Bank is an equal opportunity employer.

Media Contact

Kate Rush | Bangor Savings Bank
207.974.4189
Kate.Rush@bangor.com