Stuart J. Erbstein Joins The Savings Bank as Vice President, Commercial Banking

Stuart J. Erbstein of Seabrook, NH has joined The Savings Bank’s Commercial Banking Group as Vice President, Commercial Banking. He brings extensive experience in banking and commercial lending with him to the position. Stu’s office will be located in The Savings Bank’s Andover Branch at 84 Main Street. Prior to joining The Savings Bank, Stuart was associated with Bank of New England’s Haverhill Office as a Vice President and Commercial Lender. In that position he oversaw and managed a $25 million commercial real estate portfolio, and was responsible for sourcing new commercial real estate loans, closing more than $11.2 million in new loans in one year. In addition to Bank of New England, he has also worked with Northeast Community Bank, TD Bank, and First National Bank of Ipswich. He has also been associated with several other banking and financial institutions since 1982 including CitiBank, Century Bank & Trust Company, Eastern Bank, Charles Schwab & Company, and Fidelity Investments. His professional affiliations include serving as a member of the Finance Committee Board of the Jewish Family Services of the North Shore. “We are pleased to announce that Stu Erbstein has joined The Savings Bank, and we look forward to drawing upon his expertise cultivated after many years of experience in commercial lending,” Peter Johnston, Senior Vice President – Commercial Banking said. “This experience and his extensive knowledge will be tremendous resources for The Savings Bank and its commercial customers and centers of influence.”