CRDC is pleased to welcome Joe Bator, Executive Vice President & Senior Lender, Primary Bank and Dave Peterson, Senior Vice President & Commercial Loan Officer, Camden National Bank to our Board of Directors.
"Joe and Dave both have extensive banking experience and are dedicated to building a strong economy in New Hampshire," said Stephen Heavener, CRDC Executive Director. "Our Board of Directors play a vital role in supporting small businesses and economic development projects in the communities CRDC serves. We welcome both Joe and Dave to this dynamic Board of Directors who will help continue our mission of enhancing job creation, and local property tax base enhancement through small business lending and economic development projects."
Joe serves as Executive Vice President and Senior Lender at Primary Bank and is a member of the Bank's senior management team. In this role, Joe is responsible for overseeing the Bank's commercial lending team. Previously, he was a senior vice president and director of Business Banking at Eastern Bank, where he oversaw the bank's portfolio of business clients with revenue up to $10 million and or lending needs up to $3 million. Additionally, he oversaw the bank's SBA program.
Dave serves as Senior Vice President, Commercial Banking Officer at Camden National Bank. Dave is responsible for commercial business development in New Hampshire and the northern region of Massachusetts. With over 34 years of banking experience, Dave specializes in providing financing and cash management solutions for commercial and industrial businesses.
"We also thank Bill Norton, from Norton Asset Management and Will Stewart, of Stay Work Play NH for their dedicated service on our Board of Directors," added Stephen. "They worked hard to enhance CRDC's reach within the communities and broaden our name recognition within the local commercial development industry and the next generation of small business owners." CRDC's loan portfolio is comprised of SBA 504 loans, CRDC Direct-funded loans and mission appropriate real estate development investments.
Dave Peterson, Camden National Bank
Joe Bator, Primary Bank