Steve deCastro joined Gorham Savings Bank in July 2016 as executive vice president of Commercial Banking. He was promoted to president in April 2018, and elected CEO in January 2019. deCastro serves as the primary point of contact for the bank’s board of directors and corporators.
As president and CEO, deCastro leads the bank’s executive team as well as oversees the Commercial, Business Banking and Cash Management, Retail Banking, and Marketing divisions.
Prior to joining Gorham Savings Bank, deCastro led the New England Wealth Management division at Key Private Bank, with $1.3 billion under management.
DeCastro is active in the greater Portland community, serving on the boards of Piper Shores, Junior Achievement of Maine and Falmouth Youth Soccer Association. He is also the 2022 Maine Heart Walk Chair and chairs the charity golf tournament for Maine Medical Center, serves on the scholarship committee for Dead River and the annual awards selection committee for the Institute for Family-Owned Business.
He attended Colby College and received his Master of Business Administration from Boston University. He lives in Falmouth with his wife and children.