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Press Release
Machias Savings Bank Expands Leadership Team; Welcomes Alex Lopes as SVP, Southern Maine Regional Market Manager
MACHIAS AND PORTLAND, Maine (June 5, 2025) — Machias Savings Bank is pleased to announce that Alex Lopes has joined the bank as Senior Vice President, Southern Maine Regional Market Manager, bringing more than 20 years of banking and financial services experience to the business banking team.
Based in southern Maine, Lopes will focus on developing and expanding business banking relationships across the region. His expertise includes commercial real estate and C&I lending, loan structuring, relationship management, credit analysis, and strategic portfolio growth. Prior to joining Machias Savings Bank, he managed over 100 clients and a $200 million loan portfolio, working with business clients across multiple industries.
“Alex is a highly respected commercial banker with a proven track record of building strong, lasting relationships with clients and community partners,” said Larry Barker, president and CEO of Machias Savings Bank. “His leadership and expertise will be a tremendous asset to our southern Maine team and to customers across York, Cumberland, central and midcoast Maine.”
Lopes is an active member of the community, currently serving on the boards of the Windham Economic Development Corporation and the Maine Chapter of the Risk Management Association, where he also chairs the Education Committee. He earned his Bachelor of Science in Business Administration with a concentration in Finance from Bryant University.
“I am thrilled to join Machias Savings Bank as the Southern Maine Regional Market Manager and eager to contribute to the bank’s continued growth and success in this region. I look forward to working closely with our talented team to build and strengthen relationships with our business clients and support the economic vitality of our communities,” Lopes said.
With nearly $2.6 billion in assets, 300 employees, and 16 locations from Caribou, Maine to Manchester, New Hampshire, Machias Savings Bank seeks to move Maine forward through financial health, one person, one business and one community at a time. Founded in 1869 and a leader in customer experience and community, Machias works to expand its impact beyond products and services through community donations, its employee volunteer program, and by personalizing each customer relationship to help Maine businesses and individuals find their “YES!” More details about Machias Savings Bank can be found online at machiassavings.bank. Member FDIC.
Jill Blanch
Vice President of Marketing Machias Savings Bank
jblanch@machiassavings.com
207.255.9328
Marnie Grumbach
Fluent IMC
marnie@fluentimc.com
207.749.9666
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