Maine Real Estate & Development Association Appoints Rick Flagg of Norway Savings Bank to Board of Directors

The Maine Real Estate & Development Association (MEREDA) has announced that Rick Flagg of Scarborough, Regional Vice President of Commercial Lending for Norway Savings Bank has been appointed to its Board of Directors.

Rick was born and raised in Eastport, Maine and attended Eastport Elementary School and Shead High School before receiving his degree in Economics from the University of Maine at Orono.

After college he moved to Southern Maine to begin a career in the banking industry.  After a brief stint with Fleet Bank, he worked a number of years for Maine Bank and Trust before becoming a commercial lender with Norway Savings Bank.  He’s been with Norway Savings Bank for 17 years and is currently a Regional Vice President of Commercial Lending.

Rick has served on a number of boards over the years including Maine Center for Entrepreneurial Development (MCED) and Risk Management Association (RMA) where he is a past president.

“Norway Savings Bank has been a longtime supporter of MEREDA and we are pleased that Rick has decided to join us on the board, as well as participate on MEREDA’s Membership & Marketing Committee.  We look forward to his active participation as we work to further MEREDA’s mission throughout the State”, commented Shelly R. Clark, Vice President of Operations for MEREDA.

For further information, please contact MEREDA’s Vice President of Operations, Shelly R. Clark at 207-874-0801 for visit

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