Pentucket Bank Promotes Diane Galvin and Gregory Shaw
Pentucket Bank announces the promotion of Diane Galvin to Executive Vice President and Chief to Staff, in addition to her role as Chief Operating Officer, and Gregory Shaw to the position of First Senior Vice President, in addition to his role of Chief Risk Officer.
Diane Galvin is a senior banking executive who has garnered 40 years of experience in the industry and 17 years at Pentucket Bank. Scott Cote, Pentucket Bank’s Chairman and Chief Executive Officer stated, “In her expanded role, Diane will be responsible for coordinating business decisions and helping set priorities across all departments to keep the Bank operating efficiently and effectively. Her strong knowledge of banking operations, procedures, compliance and risk make her our “go to” manager as a central resource to ensure effective communications throughout the Bank.” Diane will also continue to coordinate all Board reporting, meetings and training as well as the Bank’s quality service activities and programs.
Gregory Shaw has over 23 years of banking experience including 14 years with Pentucket Bank. In addition to his role as the Bank’s Chief Risk Officer supporting and coordinating all types of risk management throughout the Bank, Greg will be in charge of all loan policy, procedures and underwriting. As stated by Pentucket Bank’s President, Chuck Walker, “Greg will be responsible for identifying the most effective and efficient ways to process and underwrite loans allowing us to free up our lenders and branch managers to effectively support and grow our customer relationships. He is someone who can be counted on to handle various projects simultaneously and always delivers a great end result.” Greg will continue to be responsible for the Bank’s Compliance Management System, Regulatory Examinations, Audit, Enterprise Risk Management, Credit Administration and Loan Review, the Allowance for Loan Loss Reserve, Facilities/Purchasing and Security.
Established in 1891, Pentucket Bank is a mutually-owned community bank with assets of $650 million and branches in Haverhill and North Andover, Massachusetts and Salem and Hampstead, New Hampshire. Pentucket Bank has been recognized by Forbes Magazine as one of three New England based community banks that are making a difference, by Banking New England Magazine as a bank that is committed to revitalizing the communities that it serves, and is a five time recipient of The Boston Globe’s Top Places to Work. Pentucket Bank is the leading bank in Haverhill, one of the fastest growing banks in New Hampshire and North Andover, and a Top Lender recognized by the Small Business Administration.