Eric MacDonald has been promoted to Vice President, Commercial Credit Manager at Meredith Village Savings Bank (MVSB). In this role, MacDonald will continue to oversee the underwriting of commercial loans for MVSB.
MacDonald joined the organization in 2005 as a Credit Analyst for Bow Mills Bank and Trust, and joined Merrimack County Savings Bank (the Merrimack) when it acquired Bow Mills in 2007. He was promoted to Senior Credit Analyst at the Merrimack in 2008. He transitioned to the same role for MVSB during the spring of 2015 and was then promoted to Assistant Vice President, Commercial Credit Manager in October of that year.
MacDonald retired from the U.S. Army in 2016, having served two deployments to the Middle East. A graduate of Leadership Lakes Region, he is also a proud member of the National Guard Association of the United States and the American Legion.
MacDonald earned his MBA from Southern New Hampshire University. He is a former board member of the Friends of Gilford Eagles Football and resides in Gilford with his family.
“Eric has done an outstanding job overseeing the prudent and thorough underwriting of our commercial loans,” said Bob Sargeant, Executive Vice President Commercial. “He ensures that the loans we give to our local businesses are a good fit for them. In addition, not only is Eric a valued asset to the bank, he has also offered immense dedication and sacrifice for our country. It’s an honor to promote him.”
New Hampshire Mutual Bancorp, a mutual holding company, was formed in 2013 when two New Hampshire-based community banks, Meredith Village Savings Bank and Merrimack County Savings Bank, formally affiliated – the first relationship of its kind in New Hampshire. This strategic partnership has positioned the Banks to leverage each other’s strengths, which includes the ability to expand growth and career opportunities for employees between affiliates. Since its founding, the Banks have successfully worked together to advance a shared vision of maintaining and enhancing their community banking standards and values. MillRiver Wealth Management joined as a third subsidiary of NHMB in 2015, combining the financial advisory divisions of MVSB and the Merrimack. NHMB combined assets total more than $1.6 billion. To learn more, visit nhmutual.com.