Raymond People in The News

Peter W. Johnston Promoted to Senior
Commercial Banking Officer at The Savings Bank
- 2-9-15

Peter W. Johnston, former Vice President, Senior Commercial Banking Officer at The Savings Bank, has been promoted to Senior Vice President, Senior Commercial Banking Officer.

In his new position as a member of the Bank’s senior management team, Mr. Johnston will be responsible for the operation of the Commercial Banking Department.

            The promotion was among a number of key promotions and appointments recently announced by the Board of Directors of The Savings Bank.    
            Senior Vice President Johnston joined The Savings Bank in 2009 as Vice President, Commercial Banking Officer in the Methuen Branch. He was promoted to Vice President, Senior Commercial Banking Officer in September 2014, with responsibility for the overall administration of the Bank’s Commercial Lending Department.

His experience in commercial lending spans more than 25 years. He has also been associated with Sovereign Bank as Vice President, Commercial Relationship Manager in the Merrimack Valley and Southern New Hampshire, the Institution for Savings in Newburyport as Vice President and Senior Commercial Lending Officer, and the Provident Bank in Amesbury as Vice President. He was also associated with the commercial lending departments of First Essex Bank and First & Ocean National Bank.




Pete received his Bachelor of Arts in Foreign Languages and Business Administration from Gordon College and also attended the Université de Paris – Sorbonne, in Paris, France. 

His professional and civic affiliations include membership in the Rotary Club of Andover as Secretary and a member of the Board of Directors; the Merrimack Valley Chamber of Commerce, as a member of the Board of Directors of the Andover Chamber of Commerce Division; and the Merrimack Valley YMCA, as a former member of the Reach Out for Youth & Families Fundraising Committee. He was previously associated with the Rotary Club of Newburyport, the Greater Newburyport Chamber of Commerce and Industry, and the Salisbury Chamber of Commerce.

  “I join the Board of Directors and staff of The Savings Bank in congratulating Pete Johnston on his promotion to Senior Vice President,” Brian D. McCoubrey, President and Chief Executive Officer said in announcing his election by the Board. “Pete has been a key part of the Bank’s Commercial Lending department and its successful commercial lending portfolio.”

Peter Johnston resides in Raymond, New Hampshire, with his wife, Inger, and their four children.