Monday, 20 May 2019 14:36

'Founders Place' is new home for nearly 400 Bangor Savings Bank employees Featured

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BANGOR - For the last 167 years Bangor Savings Bank has called Bangor its home. President & CEO of the bank, Robert Montgomery-Rice, says that's not going to change. The new waterfront campus solidifies the banks place in the city. 

"We've been growing throughout northern New England and we had spread out across several buildings in the city and it was inefficient and we were out of space," said Montgomery-Rice.


He and his team decided to centralize the banks support services from various locations around the city to the waterfront site.


"To have Bangor Savings sitting here and 400 employees sitting right here right now, getting lunch, working out on the waterfront, taking a walk and then after hours going to restaurants, it's really key," he said.


Pittsfield-based Cianbro was the general contractor for the 14-month project, but Board Chairman Peter Vigue says it was a team effort.


"It was not just the general contractor and its sub contractors, it was all of us," said Vigue. "It was the team from Bangor Savings Bank, the architect collaborating, working together to make this happen as one."


The five-story, 117,000-square-foot building includes a cafe, rooftop decks and a gym for employees. It's modern design allows for light-filled spaces and it's powered by more than 13-hundred solar panels.


"The entire parking garage has a solar roof over it, so it's v-shaped," said developing partner and CJ Developers President David Latulippe. "It has a dual purpose. It provides all the energy but it also keeps all the snow off the parking garage."


The operations center and administrative headquarters sit near each other on Hamlin Way. Right now the operations center houses 370 employees, but has plenty of room for growth.

Alex Bobbyn

Morning Anchor/Reporter
[email protected]

Alex Bobbyn joined the ABC 7 and FOX 22 news team in July of 2018.

He is a graduate of Penn State University, where he studied broadcast journalism and economics. While at Penn State, Alex served as the general manager o...