Newburyport Bank Announces John Burcke as President and Chief Lending Officer

June 20, 2024 (Haverhill, MA) - Lloyd L. Hamm, Jr., Chief Executive Officer, and the Board of Directors of Newburyport Bank are pleased to announce the appointment of John Burcke as the 15th President of Newburyport Bank and Chief Lending Officer, effective July 1, 2024. John will be responsible for overseeing the daily operations of the Bank, reporting directly to Hamm, who remains as Chief Executive Officer.

Hamm states, “I am elated that John has been named the next President of Newburyport Bank. John is a talented banker who, in his time at the Bank, has proven his commitment to furthering the strategic growth of the Bank while remaining focused on fostering a culture of team development and community support. I look forward to continuing to work alongside John as the Bank moves into this next phase of leadership.”

As President, Burcke will provide strategic oversight to the Bank's Commercial and Mortgage lending functions, as well as Retail Banking, Service Center, and the Bank’s Private Client Group. Key team members directly reporting to John include Christopher Lippert, SVP and Senior Lending Officer, who provides direction in formulating the commercial strategy for the Bank while also overseeing the Commercial Lending Team; and Scott Eaton, SVP and Senior Banking Officer, who oversees the Retail Banking, Treasury Services, the Private Client Group.

This announcement is part of the strategic growth plan for Newburyport Bank following the 2023 formation of River Run Bancorp, MHC, the joint mutual holding company for Newburyport Bank and Pentucket Bank. Lloyd Hamm serves as the Chief Executive Officer and Co-Chairman of the Board for River Run, in addition to his role as the CEO of Newburyport Bank. In these roles, Hamm guides the strategic direction of both River Run Banks and the River Run Shared Service organization, allowing Burcke to focus specifically on the Bank-level goals in support of the overall strategic plan. Both Newburyport Bank and Pentucket Bank continue to operate independently with support from River Run.

"Assuming the role of the next President of Newburyport Bank is truly an honor, as we embark on the continuation of this Bank’s 170-year mission," Burcke remarked. "Our commitment remains unwavering—to provide exceptional service to our customers, uplift our communities, and support our dedicated team. With a legacy of growth and success, we stand poised for the years ahead. My goals align with this mission and are simple yet resolute: to work with Lloyd and the Board to ensure the strength and stability of our bank remains steadfast, to continue to enhance our technological offerings for customer convenience, to provide opportunities for our employees to learn and grow, and to support our communities. I look forward to the journey ahead.”

Burcke has been with Newburyport Bank since 2015, most recently serving as the Executive Vice President and Senior Lending Officer. He brings over 27 years of industry experience to his role as President. John is a community leader, serving on two boards, including his recent appointment to the Board of the Northern Essex Community College Foundation.

About Newburyport Bank

Newburyport Bank is a state-chartered mutual savings bank headquartered in Newburyport, MA.  The Bank was founded in 1854 and currently has 11 locations in both Massachusetts and New Hampshire, and over $1.6 billion in assets. Deposits at Newburyport Bank are federally insured by the Federal  Deposit Insurance Corporation (FDIC), with excess insurance provided by the Depositors Insurance Fund (DIF). Newburyport Bank, along with Pentucket Bank, is supported by the shared services organization of River Run Bancorp, MHC. For more information, please visit www.newburyportbank.com.

About River Run

River Run Bancorp, MHC, the joint mutual holding company for both Newburyport Bank and Pentucket Bank. It was established in 2023, along with River Run Services, LLC, to support and sustain community banking. For more information, please visit www.RiverRunMHC.com