Mechanics Savings Bank Announces New Executive Vice President

Roy Named Executive Vice President/Chief Banking Officer at Mechanics Savings Bank
Auburn, Maine

Mechanics Savings Bank is announcing that Richard L. (Dick) Roy has been promoted to the position of Executive Vice President/Chief Banking Officer. In this position, Roy will oversee commercial, retail and Private Banking and is responsible for the bank’s marketing efforts.

In May 2008, Roy joined Mechanics Savings Bank as Executive Vice President of Commercial Lending and Private Banking. He assisted in establishing Mechanics Private Bank for Business and Professionals, an integrated service model that assists clients in streamlining their business and personal banking needs through individualized banking relationships.

“Dick has done an outstanding job launching Mechanics Private Bank,” states Mechanics Savings Bank President and CEO Rick Vail. “As Mechanics Savings Bank moves forward, I have confidence that he will continue to provide key leadership within our organization and in the community.”

Roy’s experience in commercial lending in the Lewiston-Auburn area spans more than 28 years, having previously served as Senior Vice President and Group Manager for the Central Maine Region at TD Banknorth in Auburn. Prior to that, he served as Regional Vice President Commercial Lending at  Bank of America in Lewiston. He holds a Master of Business Administration degree from the University of Southern New Hampshire and a Bachelor of Science degree from the University of Southern Maine. He also attended the Williams College School of Banking. 

Active in the community, Roy serves as Finance Committee Chairman and Vice Chairman of the Board of the Central Maine Medical Center Board of Directors. He is a member of the Central Maine Healthcare Board of Directors and a Past Chairman and Member of the Central Maine Community College Board of Directors. Roy resides in Minot with his wife Patty.

Founded in 1875, Mechanics Savings Bank currently serves customers from three branch offices located in Auburn, Lewiston, and Windham, Maine. Mechanics Savings Bank has assets of $270 million and participates in a surcharge-free ATM network that includes approximately 17,000 ATM locations nationwide. More information is available at www.mechanicssavings.com or by calling 1-877-886-1020. Mechanics Savings Bank is an FDIC Member and Equal Housing Lender.