By WHAV Staff |
Pentucket Bank President and CEO Jonathan Dowst. (Courtesy photograph.)
Pentucket Bank President Jonathan Dowst has been named the institution’s chief executive officer and director following the retirements of CEO Scott D. Cote and former President Charles Walker.
Dowst was named Pentucket Bank’s president a year ago after joining the bank as executive vice president and chief credit officer in March of 2019. Previously, he served in a number of senior leadership roles in commercial credit, sales and overall business strategy at Bank of America.
“I have large shoes to fill with the retirements of Scott and Chuck. However, together with Pentucket Bank’s team of talented, dedicate, and passionate bankers, I am confident we will continue to do great things for our customers and communities,” said Dowst.
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Scott D. Cote, chairman and chief executive officer, of Pentucket Bank. (Courtesy photograph.)
Pentucket Bank said Friday it has purchased the fourth-floor space it had been leasing in the Harbor Place commercial building at White’s Corner.
The bank has housed several of its administrative offices in the space since signing a 10-year lease agreement in 2016. Pentucket Bank CEO and Chairman Scott D. Cote said the purchase reinforces the “bank’s continued commitment to supporting and investing in the revitalization of Haverhill’s downtown.”
“We have been proud of the pivotal role that Pentucket Bank has played in making the Harbor Place development project a reality,” said Cote. “We were the first business to commit to space in the building by signing our long-term lease an investment that we felt showcased our support of Haverhill’s downtown renaissance.”