NBT Bank Regional President Matt Durkee announced that Peter McCarthy has been hired as vice president and senior commercial banking relationship manager. In this position, McCarthy is responsible for developing and managing business relationships with the bank’s commercial customers in Vermont. He is based at the bank’s regional office at 150 Bank Street in Burlington.
“We are pleased to have Peter McCarthy on our commercial banking team,” Durkee said. “His experience serving all types of companies in Vermont will be very beneficial to our customers.”
McCarthy has more than 20 years of banking experience. Before joining NBT Bank, he led the commercial banking group for Citizens Bank in Burlington, where he worked for eight years. He previously held positions in private banking and commercial banking for KeyBank in Burlington, where he worked for nine years.
A resident of South Burlington, McCarthy has a bachelor’s degree in business administration from the University of Vermont. His community involvement includes serving on the boards of directors for the Howard Center and the Vermont Foundation for Children and Families.
NBT Bank provides personal banking, asset management and business services. The independent community bank, based in Norwich, N.Y., has 84 offices in upstate New York. The bank recently expanded into Vermont by opening a regional office in Burlington. NBT Bank’s parent company, NBT Bancorp Inc., had assets of $5.5 billion as of September 30, 2009.