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News:
Owners Developers & Managers
Posted: February 14, 2020
Newburyport Bank promotes Marcus to senior vice president/commercial lending team leader
Newburyport, MA Newburyport Bank has promoted Mitch Marcus to senior vice president/commercial lending team leader. Prior to his new post, Marcus was a senior vice president/commercial loan officer.
“Through his own lending portfolio, Mitch has proven to be a very valuable member of our commercial lending group,” said James Thompson, EVP/senior lending officer of the bank. “I believe he has the leadership skills to take on the important role of team leader in Massachusetts.”
President and CEO Lloyd Hamm said, “He will greatly add to the level of professionalism and enthusiasm that’s already at work in our Massachusetts Commercial Lending Team. He’ll be both a great manager and mentor.”
Marcus has over three decades of knowledge of multifaceted lending and credit experience. Recognized for building and growing lending groups within dynamic environments.
, he was most recently a Senior Vice President/Commercial Lender at Middlesex Federal Savings. He held executive management positions at First Ipswich Bank, Salem Five and Warren Bank after launching his career at Eastern Bank. Marcus holds a BS in Economics from Bates College, and studied at the ABA National Commercial Lending Graduate School. He is a member of Loan Committee approving SBA 504 loan requests at Granite State Development Corp.
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