FOR IMMEDIATE RELEASE
December 31, 2025
SKOWHEGAN, MAINE On Friday, January 2nd, Dave Cyr will retire as the 13th president of CEO of Skowhegan Savings Bank. Under Cyr’s leadership, Skowhegan Savings grew from $600 million to more than $850 million in assets with a capital base exceeding $100 million. His vision and leadership have positioned the bank for continued success, including the development of incoming CEO Dan Tilton and COO Vicki Alward..
Cyr balanced growth with putting customers and the Bank’s community first. He led the opening of the Portland, Maine branch, established a $1 million Workforce Development Fund through the Skowhegan Savings Charitable Foundation, and guided the bank to earn Best Places to Work in Maine recognition 13 times.
Throughout his twenty years at Skowhegan Savings, Cyr ensured the Bank remained deeply involved in its communities with the bank participating in more than 150 community events annually while fostering a culture of respect, integrity, and teamwork.
In his retirement Cyr looks forward to harvesting timber on his property and spending time with his family and four legged friends.
Please join us in thanking Dave for his outstanding contributions to Skowhegan Savings Bank and our communities throughout Maine!
