St. Mary’s Bank Promotes Jake Powers to Business Banking Relationship Manager
MANCHESTER, NH (February 5, 2024) — St. Mary’s Bank is pleased to announce the recent promotion of Jake Powers to Business Banking Relationship Manager. Powers will acquire, maintain, and grow commercial banking relationships in this role. He will be a trusted advisor to portfolio members, serving as an ongoing advisor to them, continuously assessing their needs and recommending solutions that align with their business and personal goals.
When prompted about Power’s promotion, St. Mary’s Bank Director of Commercial Lending, Randy Sivigny, stated, “Jake’s continued dedication to our members’ financial well-being for nearly a decade, and his passion for creating customized solutions has fueled his professional growth and the growth of the credit union as a whole.”
“Creating even stronger relationships with our commercial and small business community members excites me,” Powers said. “I understand the importance of a thriving commercial landscape and am thrilled to own a larger part of its development with this promotion.”
Powers has over 12 years of experience in banking, nearly 10 of which have been at St. Mary’s Bank. In his time at the credit union, Powers has held positions such as Branch Supervisor, Staff Accountant and Senior Accountant, Business Services Officer, and Commercial Loan Portfolio Officer before becoming Business Banking Relationship Manager. He is also the current Chair of the St. Mary’s Bank Young Professionals Group (YPG), previously holding Co-Chair and Treasurer titles.
Along with a Bachelor of Science in Management with a Statistics minor and a Bachelor of Arts in Mathematics Pure/Applied from Keene State College, Powers also earned a Master of Business Administration with a specialization in Finance from Southern New Hampshire University.
Beyond his role in finance, Powers serves on multiple boards, including Vita Nova, the Ste. Marie Endowment Foundation, and the Granite State Destroyers semi-pro football team. Powers values his quality time with his spouse and three young children outside of work.
About St. Mary’s Bank
Founded in Manchester, New Hampshire, in 1908, St. Mary’s Bank is the first credit union in the nation. It makes progressive financial products and services available and affordable to consumers and businesses. Members enjoy excellent service, competitive rates, low fees, and state-of-the-art banking services. Headquartered in Manchester, New Hampshire, St. Mary’s Bank has 11 branch locations in Manchester, Hudson, Londonderry, Milford, Nashua, and Portsmouth, with a mortgage center in Concord. For more information, call 1-888-786-2791 or visit www.stmarysbank.com.