Demo

VP, Commercial Deposit Relationship Manager

Smith & Wilkinson
Boston, MA Full Time
POSTED ON 5/19/2026
AVAILABLE BEFORE 6/17/2026

Smith & Wilkinson has been retained by Northeast Bank to manage the search for the bank's first VP, Commercial Deposit Relationship Manager.


Northeast Bank is a high-performing publicly traded bank founded in Maine in 1872 and acquired by its current ownership group in 2010. The bank's business strategy is to originate and acquire commercial real estate loans and originate small business loans, nationally. The bank primarily funds its balance sheet with deposits sourced through its retail branch network in western, central, and southern Maine; government and municipal banking customers; national lending customers; and ableBanking, a division of the bank. Northeast Bank has experienced significant growth and currently has $5.0B in total assets and is in exceptional financial condition with strong earnings, efficiencies, asset quality, and capital. From the most recent reporting period ending March 31, 2026, the bank has an ROE of 21.67%, ROA of 2.43%, efficiency ratio of 35.49%, past due loans as a percent of total loans of 0.64%, and tier 1 capital ratio of 12.95%. The Bank is regulated by the FDIC and the State of Maine Bureau of Financial Institutions.


Reporting to the Director of Treasury Management Services, the Commercial Deposit Relationship Manager will be responsible for generating core commercial deposits by partnering with the National Lending Team to identify prospects and develop a portfolio of high-quality and high-value commercial deposit relationships, focusing on the sale of depository products, cash management and treasury services, remote deposit, online banking, mobile banking, and other related services as appropriate. We are seeking exceptional deposit banking talent with an entrepreneurial drive for this unique and performance-driven role.


For additional information, or to arrange a confidential discussion, please contact Julia Crouter, Consultant - jcrouter@smithandwilkinson.com.

Salary.com Estimation for VP, Commercial Deposit Relationship Manager in Boston, MA
$136,909 to $186,621
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