Haverhill, MA – Jonathan Dowst, President & CEO of Pentucket Bank, along with the Bank’s Executive Leadership Team welcomed Stacey Palovich to the Bank as a Senior Vice President and Commercial Lending Team Leader.

Stacey joined Pentucket Bank on March 21 bringing over ten years of commercial lending experience to the team.  Her experience includes working with businesses from around New England.  Stacey’s primary role with the Bank is to develop and deepen current loan relationships with the Bank’s commercial clients while identifying new business loan opportunities in and around the Merrimack Valley and Southern New Hampshire.  She will also be responsible for co-leading the Bank’s team of Commercial Lenders to increase loan outstandings.

“We are thrilled to welcome Stacey to the team,” said Stephen Jaskelevicus, Senior Vice President & Chief Credit Officer.  He continued, “We already have a very talented group of Commercial Lenders here at Pentucket Bank.  As we look to expand our market presence, Stacey’s proven record of leading her teams to top sales performance will only strengthen the entire commercial lending area and the Bank’s performance.”

Stacey is a graduate of SUNY University at Buffalo.  She is a volunteer with Salem Sound Coastwatch, the Center for Women & Enterprise, and the Community Giving Tree.  She enjoys reading, hiking, barre classes, and biking.  Stacey lives in Boxford, MA with her husband and their son.

Pentucket Bank, with assets of over $970 million, offers six full-service community banking offices:  three in Haverhill, MA, one in North Andover, MA, and one each in Hampstead and Salem, NH.  Pentucket Bank’s Administrative Offices are located on the fourth floor of the Pentucket Bank Plaza building at Harbor Place in Downtown Haverhill.   Pentucket Bank is a subsidiary of Pentucket Bank Holdings, MHC.  For more information on Pentucket Bank, please visit www.pentucketbank.com.