EagleTribune.com, North Andover, MA

New Hampshire

September 26, 2013

Salem Chamber to honor Pentucket Bank president

SALEM — Scott D. Cote, president and CEO of Pentucket Bank is the recipient of the the 2013 William A. Brown Distinguished Businessperson Award from the Greater Salem Chamber of Commerce. He will receive his award this evening.

This is the 25th anniversary of the Chamber’s annual dinner and the 32nd presentation of this award, as it was originally presented by the Salem Commerce Exchange.

The award is the Greater Salem Chamber’s most prestigious award. It is presented to an individual who, by a single act or through a variety of activities, has enhanced the business environment of the Greater Salem community.

With more than 40 years of experience, Cote’s extensive background in banking includes areas of administration, finance, investments, commercial and consumer lending, branch operations, marketing, strategic planning and community support.

A graduate of the University of New Hampshire’s Whittemore School of Business and Economics, Cote holds a bachelor’s degree in business administration. He started his career at the former Indian Head Bank in 1978 in Salem. He worked for Indian Head and its successor, Fleet Bank, for more than 20 years, with more than half that time spent in the Salem market, working in the commercial lending field.

Cote joined Pentucket Bank in Haverhill, Mass., in 1998 as the executive vice president and Chief Credit Officer. In 2008, he was promoted to president/Chief Operating Officer and Chief Credit Officer. He assumed the role of president and Chief Executive Officer in 2010.

In addition to his professional accomplishments, Cotehas been recognized by numerous groups for his passionate support of the communities served by Pentucket Bank through his involvement with charitable giving and volunteerism.

He currently serves on the Board of Trustees at Merrimack Valley Hospital and is the incoming president of the Board of the Greater Haverhill Foundation. He is serving as a co-chairman of the Merrimack Valley Hospice House’s expansion project, helping to raise funds through a capital campaign.

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