At Mascoma Bank, you will find bankers and development professionals dedicated to you, your business, and the state of Maine. From lines of credit, equipment loans, construction loans, and commercial mortgages to New Markets Tax Credit, Historic Tax Credit, and Low-Income Tax Credit financing, we know how to help you make a positive impact. We opened our Portland, Maine, office in the summer of 2018 and we look forward to continuing to work with you to make Maine, New England, and the world a better place.
Commercial Lending
Did you know Mascoma Bank has already provided over $100 million in funds to help Maine businesses grow? We work with you to create a package of banking services that best helps your business grow and flourish.
Creating more clean energy and making it accessible to Mainers is something Mascoma Bank is proud to be part of. The completed Souther Farms Solar project in Livermore, Maine, will create clean energy options for six schools and municipal districts.
We’re pleased to have partnered with Coastal Enterprises, Inc, to assist with financing for this environmentally sustainable community project and provide Aligned Climate Capital with solar project construction financing. It’s a pleasure to make it happen alongside innovators like fellow B Corp ReVision Energy, which served as developer and general contractor as they celebrate their 20th anniversary.
Commercial Lending Team Members
Andrew Cook
Andrew Cook brings 14 years’ experience in financial services to his role as Senior Vice President, Maine Market Manager in Portland, Maine. Andrew was drawn to Mascoma Bank because of the culture and the company’s unique approach to banking and community building. He is excited to continue working in Maine for Mainers while supporting the community through philanthropy and volunteerism. Learn more about Andrew.
Amberlynn Esperanza
Amberlynn Esperanza came to Mascoma Bank in 2022 as an Assistant Vice President, Commercial Lending Development Officer in Portland, Maine. During her many years of banking, Amberlynn has honed her skills in creating a network of connections to ensure customers get the services that best meet their needs. Amberlynn appreciates that Mascoma Bank supports its employees as they work to give back to their communities and reinforces this commitment with its status as a Certified B Corporation. Learn more about Amberlynn.
Ryan Bishop
Ryan Bishop brings more than 20 years of commercial banking and real estate experience to his role of Senior Vice President, Managing Director of Mascoma Community Development. His diversified experience in credit administration, asset quality and portfolio management, risk, lending, and commercial property sales and leasing gives him a unique perspective and approach. Learn more about Ryan.
Todd Bachelder
Todd Bachelder joined the team at Mascoma Bank in 2018, bringing decades of both banking and business experience. Todd’s financial work has included traditional bank financing as well as tax-exempt bond, subordinated debt, grant, recapitalization, and start-up financings. In various C-level and consulting capacities, he has worked with for-profit and non-profit organizations in Maine, New Hampshire, and Massachusetts, as well as with companies in Germany and Canada. Learn more about Todd.
Tad Atwell
Tad Atwell, Mascoma Bank Senior Vice President, serves as the Chief Operating Officer for Mascoma Community Development. With more than 25 years of experience in financial services, Tad has developed expertise in financing projects that utilize key federal tax credit programs including New Markets Tax Credits, Historic Tax Credits, and Low-Income Housing Tax Credits. Learn more about Tad.
Garrett White
Garrett White works as a Real Estate Management Analyst for Mascoma Bank, facilitating and reviewing real estate collateral valuations and environmental reports in support of the Bank’s commercial lending activities. Garrett brings years of experience to this role, gained from working alongside the construction management division of a multifamily investment group and overseeing the administrative workflow surrounding all capital expenditures, construction contracts, and project cost forecasts across the portfolio.
Mortgage Lending
For more than 120 years, Mascoma Bank has been meeting the mortgage needs of people in New Hampshire and Vermont, and now we extend our expert knowledge to clients in Maine. We combine the latest technology with outstanding personal service to ensure that the path toward owning your home, likely your most important investment, is a smooth, positive journey.
Cathy Murray
Cathy Murray brings a wealth of experience in purchasing and financing new homes and feels extremely fortunate to partner with her clients as they embark on what is usually the largest purchase they will make in the course of their lifetime: their home.
NMLS #430080
Top 10 reasons to use a community bank for your mortgage needs:
Private Banking
Private Banking at Mascoma Bank starts with what we have always been known for: putting our customers first, understanding the big picture, and providing the right tools to meet every goal. Private Banking blends these ideals together with a level of expertise and coordination that helps today’s professionals navigate increasingly complex financial needs.
David Carter
David Carter brings over 25 years’ experience to the Private Banking team at Mascoma Bank. He is the single point of contact for professionals, including professional practice owners, developing financial solutions for both business and family. From complex commercial real estate and practice financing to consumer loans and mortgages, David has a proven track record of delivering the type of individualized client service and advice that Mascoma clients expect.
NMLS# 529558
Treasury and Business Services
Treasury and Business Services focuses on developing meaningful and lasting relationships with commercial and municipal clients, assisting them with their overall treasury and cash management strategies. By deploying Mascoma Bank’s robust suite of products and delivery options, clients are able to customize how they manage their cash flows and can focus on running their businesses or towns without worrying about how or when to get their banking done.
Kelly Dorsey, Certified Treasury Professional
Kelly brings more than 15 years of treasury and cash management experience to her role as Senior Vice President, Treasury and Business Services Manager. She is primarily responsible for growing Mascoma Bank’s deposit portfolio in Maine and Central/Southern New Hampshire.
Kelly has worked in the Maine market for the past decade, owns a small business, and is a graduate of the Maine Development Foundation’s ‘Leadership Maine’ program. Continued commitment to community and innovation have been cornerstones of Kelly’s career and align perfectly with Mascoma Bank’s mission of using business as a force for good.
48 Free Street | Portland, ME 04101
Phone: (207) 504.1010 | kelly.dorsey@mascomabank.com
Philanthropy
As one of only two Certified B Corp banks serving the Portland, Maine, region, we are different by design, earmarking 10% of our pre-tax income for philanthropy, and making decisions locally so you know the person you talk to understands where you are coming from and is ready to help. As a Certified B Corp, Mascoma Bank uses business as a force for good to help communities, businesses, and people flourish.
Genesis Community Loan Fund
Mascoma Bank is a supporter of the Genesis Community Loan Fund in its efforts to provide affordable housing and community facilities for low-income and underserved people in the Greater Portland, Maine, area. This fund also included work toward the creation of transitional and permanent affordable housing for people with serious mental illness in Portland, rehabilitation of an assisted living facility for low-income seniors, and restoration of a historic building to house women in recovery from substance use disorders. One project in the greater Portland area included helping to expand a preschool for children with developmental disabilities.
