CAMDEN, Maine – Gregory A. Dufour, president and chief executive officer of Camden National Bank, is pleased to announce that Stephen Matteo has been named senior vice president, commercial banking officer for Camden National Bank.
Matteo will be based in Rockland and will manage commercial relationships with businesses throughout the midcoast region. He will report to Tim Nightingale, executive vice president and senior lending officer.
“I am looking forward to serving our customers and the midcoast community,” said Matteo. “I believe my banking experience will enable me to find ways to help our local businesses grow and expand. I look forward to helping businesses be more successful and being a vital part of the mid-coast community.”
Matteo has more than 20 years of commercial lending experience. He joined Camden National Bank in 1999 to establish Camden National’s credit department and progressively assumed expanded responsibilities. Most recently, he served as senior vice president, credit administrator, overseeing the commercial underwriting team. Prior to joining Camden National, Matteo worked in loan review and commercial lending at several large financial institutions in Connecticut, including Central Bank, Advest, People’s Bank and Fairfield County Savings Bank.
“Throughout the years, Steve has assisted many businesses behind the scenes by heading up our credit underwriting team,” said Dufour. “His transition to a front-line lending role will enable him to expand his contribution by providing his deep understanding of finance and lending directly to our commercial customers.”
In 2009, Matteo was recognized by Camden National with the company’s “Commitment to Core Values” award for his hard work and dedication to the company and its guiding principles. In 2011, he received the bank’s Agency Lending Award recognizing his work in assisting the bank’s small business customers. Matteo graduated from Bentley University in Waltham, Massachusetts. He currently lives in Camden with his wife and two children.
“Steve has a wealth of experience and lending expertise, and I am pleased to have someone of his caliber joining our lending team in the mid-coast area,” said Nightingale. “Steve will be a trusted advisor and local decision maker to all those that work with him, and will bring a high level of service to his new clients and the community as a whole.”
Camden National Corp., recognized by Forbes magazine as one of “America’s Most Trustworthy Companies” in 2012, is the holding company employing more than 500 Maine residents for two financial services companies including Camden National Bank and the wealth management company, Acadia Trust, N.A. Camden National Bank is a full-service community bank with a network of 50 banking offices throughout Maine. Acadia Trust offers investment management and fiduciary services with offices in Portland and Ellsworth. Located at Camden National Bank, Camden Financial Consultants offers full-service brokerage and insurance services. Learn more at www.camdennational.com. Member FDIC.