MEREDA Appoints James Perkolidis to Board

The Maine Real Estate & Development Association has named Bath Savings Institution's senior vice president of commercial lending to its board of directors.

Updated on Nov. 9, 2026 in People

MEREDA Appoints James Perkolidis to Board

The Maine Real Estate & Development Association (MEREDA) has appointed James Perkolidis, senior vice president of commercial lending at Bath Savings Institution, to its board of directors. Perkolidis previously served on MEREDA's membership and marketing committee.

Why it matters

The appointment places a commercial lending executive with experience in investment commercial real estate and commercial and industrial lending in a leadership role for the state's real estate and development association. It reflects the continued involvement of lenders in the organization's governance.

Perkolidis has been with Bath Savings Institution since 2020 and previously spent more than 15 years in commercial banking and leadership roles at TD Bank. The extraction does not specify his board term length or assigned committee roles.

The players

Maine Real Estate & Development Association (MEREDA)

MEREDA is the statewide trade association representing Maine's real estate and development industry, which made the board appointment.

James Perkolidis

Perkolidis is a commercial lending executive at Bath Savings Institution with more than 15 years of prior experience at TD Bank.

Bath Savings Institution

Bath Savings Institution is a Maine community bank headquartered in Bath, where Perkolidis serves as senior vice president of commercial lending.

The details

Perkolidis specializes in investment commercial real estate and commercial and industrial lending. He holds an MBA from Husson University and bachelor's degrees in Business Administration and Economics from the University of Maine at Farmington, and he serves on the boards of Tedford Housing and the Risk Management Association.

Timeline

  1. 2020: Perkolidis joins Bath Savings Institution.

  2. November 9, 2026: MEREDA announces his board appointment.

Market Landscape

The appointment extends Perkolidis's involvement from MEREDA's membership and marketing committee to its full board, following a path from committee service to governance. It places a commercial lender at the board level of a statewide real estate trade group, where lending and development interests intersect.

For Maine homebuyers, developers, and businesses working with commercial lenders, the appointment signals closer ties between banking and the state's real estate trade association. The extraction does not describe any direct change to loan products, rates, or fees.

The takeaway

Leadership appointments like this one show how lenders and development groups increasingly share governance roles in Maine's real estate sector. Readers tracking the industry can watch for how such board seats shape association priorities.

Further reading

Explore more People coverage across the business section for related appointments and leadership news in Maine.

Source note: This article includes information reported by Nerej.