Business & Tech

Bank Announces New Roles in the Loan Department

Piscataqua Savings promotes Stephanie Nagel to loan pfficer; hires Paul Alix.

PORTSMOUTH, NH - Piscataqua Savings Bank recently promoted Stephanie Nagel to Loan Officer, according to a press statement.

Nagel’s 14 year career at Piscataqua Savings began as a bank teller, she also worked in deposit operations, as well as the loan department, where she gained mortgage industry knowledge and experience. Nagel attended the Northern New England School of Banking, where she graduated in 2009.

“Stephanie excels in customer service and has demonstrated commitment and loyalty to Piscataqua Savings Bank and our customers since she started with us,” said president and CEO Rick Wallis. “Her promotion to the Loan Department is well deserved.”

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The bank also announced that Paul Alix has joined the team as a loan officer.

With 21 years of experience in the industry, Alix spent 12 years as a wholesale mortgage account executive and nine years as a loan officer. His understanding of the lending process will serve him well in the Loan Department at Piscataqua Savings Bank – one of the Seacoast’s leading home mortgage lenders, according to bank officials.

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“We are excited to have Paul join our loan team. We look forward to utilizing Paul’s strong background in lending and building new customer relationships,” said Debbie Perry, vice president and senior loan officer.

Piscataqua Savings Bank is among the highest capitalized banks in the state. The only mutual bank based in Portsmouth today, Piscataqua Savings Bank is dedicated to serving local individuals and families and has been a cornerstone of the Portsmouth community since 1877. Information is available at piscataqua.com.

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