River Run and Newburyport Bank Appoint Jamie Thompson Chief Credit Officer and Senior Executive Vice President

Newburyport, MA – Lloyd Hamm, CEO and Jonathan Dowst, President of River Run Services, LLC, the shared services organization of River Run Bancorp, MHC, are pleased to announce the appointment of Jamie Thompson to the concurrent roles of Chief Credit Officer and Senior Executive Vice President, effective January 1, 2024. His responsibilities include managing credit risk policies and procedures, and overseeing River Run credit functions related to commercial banking services, consumer and residential lending. In addition, overseeing business banking operations and credit, and co-managing credit risk and product types for treasury services.

Mr. Thompson has almost forty years of banking experience most recently as Senior Executive Vice President and Chief Credit Officer at Newburyport Bank, where he continues to hold this role. He holds a BA from Rider University. He is also active in the community in several roles including as a member of the Exeter Hospital United in Wellness Advancement Committee. He resides with his family in Newfields, NH.

“We are fortunate to add Jamie to the River Run organization,” said CEO Lloyd Hamm. “He has done a superb job in his role at Newburyport Bank, navigating an at times difficult credit environment. But his experience has shown itself. No doubt he will do the same in his role at River Run, and we look forward to his continued guidance and insight.”   

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. 

About Newburyport Bank

Newburyport Bank headquartered in Newburyport, MA, was founded in 1854 and has assets of over $1.5 billion. Newburyport Bank offers eleven community banking locations in Massachusetts and New Hampshire. Along with Pentucket Bank, Newburyport Bank is supported by the shared services organization of River Run Bancorp, MHC.