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2024 Business Owner Report

This year’s survey explores the perspectives, aspirations and outlooks of small and mid-sized business owners across the U.S.

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As a Relationship Manager with Bank of America, I have the privilege of working with many diversified companies that make up the foundation of Maine's economy.  I've been with the company for over 25 years and have built an extensive network of public and private connections to support businesses throughout our state.  My wife has been a business owner for over a decade, and I've seen first-hand the importance of having a great banking partner to help provide advice and support throughout the life cycle of a growing company.

I work with a team of local experts whose sole focus is to provide financing and cash management solutions for public and private companies with annual revenues between $5Million and $100Million. I also have access to professionals at Merrill Lynch and US Trust who provide world class asset management services and support for business succession planning.

I was born and raised in Mid-Coast Maine and currently split my time between Yarmouth and the Belfast-area. I enjoy volunteering at various local charity events and am currently serving as the Vice Chair of the Maine International Trade Center and the Board of the Portland Chamber of Commerce. When not working, I enjoy attending live music events throughout New England, participating in CrossFit classes, and spending time with my wife and our two teenagers.


    • Retail
    • Technology Services
    • Accounting and Law Firms
    • Engineering Firms
    • Healthcare & Physician Practices
    • Transportation
    • Not-for-profit
    • Professional Services

Meet the Team

With access to the global resources of Bank of America, our team is comprised of talented and experienced individuals committed to building strong client relationships based on trust and personalized service.

Shannon Tundel

Assistant Vice President

Sales Support Associate

Joanne Papa


Treasury Sales Officer

Susan Gaudreau

Treasury Sales Analyst

Karen Cummings

Senior Vice President

Lending Officer

Bank of America Business Banking

As you work to take your business to the next level in an environment where business and technology sophistication are critical to having a competitive edge, you need a local banking partner who has your long-term interests at heart.

Bank of America is that local advocate. We work closely with you to understand your business goals. We then draw on our Bank wide resources, technology and experience to generate ideas and solutions that will propel your business further.

With Bank of America Business Banking by your side, you can be assured your business has the power to grow and thrive.

You can benefit from:

Local Relationship Managers who are your advocates and bring the Bank’s resources to you as a seamlessly integrated, dedicated team

Comprehensive commercial banking platform with full range of products and technology, backed by Bank of America’s strength and stability

Access to bank-wide services beyond business banking, to manage both your business and personal wealth

Let's have a conversation.

There is no substitute for a one-on-one relationship with a Bank of America relationship manager who is committed to your needs. Request an appointment today.