MVSB and Merrimack County Savings Bank are pleased to announce the promotion of Arthur J. Letendre to Senior Vice President, Consumer Loan Officer. In this role, Art will continue to manage the Banks’ day to day consumer loan operations and oversee the processing and underwriting of consumer loans – such as energy loans, car loans, boat loans, personal lines of credit and mobile home loans – and home equity loans and lines of credit. This includes loans sold directly to consumers or through local dealerships.
Letendre has over 30 years of banking experience and extensive work in the area of consumer lending. He joined Merrimack County Savings Bank (The Merrimack) in 2002 and helped the Bank build its indirect lending program. In 2013, he was promoted to oversee consumer lending at both The Merrimack and MVSB, which operate under the same holding company, New Hampshire Mutual Bancorp.
“Art’s consumer lending experience and capacity to build relationships and enhance business processes have been such an asset to the consumer lending team at MVSB and the Merrimack,” said Phil Emma, Executive Vice President and Chief Operating Officer. “We are excited to promote him to this senior management role.”
A dedicated Concord resident and volunteer, Art is a member of the Granite United Way Community Impact Committee for Merrimack County and serves as Chair of the Granite United Way Financial Review Committee for Merrimack County. Art is also a member of the Concord Family YMCA Board of Directors and Finance Committee and is a 2009 Graduate of the Concord Leadership Class.
Letendre received his Bachelor of Arts in Economics and Business from St Anselm’s College, his Master of Business Administration from Southern New Hampshire University and attended the New England School of Banking at Williams College.