Bank in Newburyport appoints new vice president

Newburyport Bank has named Todd Atanasoff as its new senior commercial loan officer and vice president.

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Atanasoff will work from the bank’s office on State Street in Newburyport. His focus will be on customized and growth-centered financing solutions, transitions, and exits of businesses. He will be working primarily with investors and entrepreneurs at important stages of their business, which includes securing capital to support growth, managing a sale or buyout, or acquiring commercial real estate or a new business.

Atanasoff, who is a Newburyport resident, has more than 20 years of commercial banking experience. At both community banks and financial institutions recognized across the country, he has held commercial lending positions and has experience in venture capital and private equity relationships, financing for business acquisitions, and sponsor-backed lending. The bank has described Atanasoff as having a relationship-first approach centered on connections to professional resources, market intelligence, and individualized service. This approach can help clients meet both their personal and professional financial goals.

Newburyport Bank was founded in 1854 and has its headquarters in the city it is named for. It operates over 11 community banks with locations across New Hampshire and Massachusetts and has over $1.6bn in assets.


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