Pentucket Bank Announces Leadership Promotions

 In Member News

Haverhill, MA – Jonathan H. Dowst, Chief Executive Officer, Eric G. Leutertiz, President, and the Executive Leadership Team at Pentucket Bank are pleased to announce three key leadership promotions effective July 1, 2023.

Leanne M. Eastman, Senior Vice President, Community & Public Relations Director
Leanne has worked for Pentucket Bank for over 13 years and is responsible for the formulation of strategic marketing plans in support of annual goals.  She also has established guidelines and provides oversight for the Bank’s community support efforts, including employee volunteerism, charitable donations and sponsorships, and management of the Pentucket Bank Charitable Foundation. She led the Bank’s recent rebrand initiative, resulting in the Bank’s new tagline “Start with Heart.”  In her new role, Leanne will continue to be responsible for Pentucket Bank’s previously described community support efforts, while working closely with a team at Newburyport Bank to assist with their community support strategy. She also will manage the public relations and corporate event strategies for both Banks under the direction of the leadership team of River Run Bancorp, MHC.

Leanne, a lifelong resident of Haverhill, sits on the Board and is a past President of the Boys & Girls Club of Greater Haverhill, volunteers with the Exchange Club of Haverhill, and recently was voted as one of Haverhill’s Top 25 Most Influential People. In addition to volunteering, Leanne enjoys golfing, dining out, and walks with her dog, Fitz.

Stacey L. Palovich, Senior Vice President, Senior Banking Officer
Stacey joined the Pentucket Bank team in 2022 and has over 10 years of industry experience. She oversees the retail deposit and mortgage loan goals for the Bank while managing the Bank’s Mortgage Loan Originators, Retail Branch Administration Team, and Treasury Services, with plans to add a Business Banking Team.  Stacey also is responsible for formulating the strategic business deposit goals for the Bank. Her most recent role at Pentucket Bank was as Senior Vice President, Commercial Lending Team Leader, working with the Lending Team to deepen existing commercial relationships and establish new business relationships. In addition, Stacey piloted the new Pentucket Bank Healthcare program, specifically designed for the banking needs of dentists. In her new role, Stacey will continue her oversight of this program.

Stacey embodies Pentucket Bank’s culture of community support as the clerk for Community Giving Tree and as a board member for Northern Essex Community College.  She enjoys reading, hiking, barre classes, and biking.  Stacey lives in Boxford, MA, with her husband and son.

Kerianne S. Pereira, Senior Vice President, Senior Lending Officer
Kerianne started at Pentucket Bank in March 2020 in the role of Vice President and Commercial Loan Officer. She brings over 19 years of banking experience, with over 11 years in lending, to Pentucket Bank. Her primary role is to provide direction in formulating the strategic commercial loan goals for the Bank while also overseeing the Commercial Lending Team. She works closely with the Bank’s Executive Leadership Team to drive growth in the commercial loan portfolio and to collaborate among business lines in support of the overall strategic goals of the Bank. She also continues to manage several long-term lending relationships for the Bank.

Kerianne strongly contributes to the Bank’s mission of volunteerism as a member and past president of the Exchange Club of Salem, NH, and by serving on the Board and several committees of the Greater Salem Chamber of Commerce. Kerianne is an active Board member of the Boys & Girls Club of Greater Salem, NH, with her commitment to the Club leading to her recognition as Woman of the Year in 2022.  Kerianne enjoys boating and swimming and resides in Salem, NH, with her husband and two children.

These promotions are made concurrent with the previously-announced holding company merger between Pentucket Bancorp, MHC, and Newburyport Five Cent Bancorp, MHC, coming together as River Run Bancorp, MHC.  Each bank will continue to operate independently; other Pentucket Bank and Newburyport Bank leaders have transitioned to River Run.

Pentucket Bank, with assets of over $960 million, offers six full-service community banking offices:  three in Haverhill, MA, one in North Andover, MA, one in Hampstead, NH, and one in Salem, NH.  Pentucket Bank’s Administrative Offices are located on the fourth floor of the Pentucket Bank Plaza building at Harbor Place in Downtown Haverhill.  Pentucket Bank, along with Newburyport Bank, is supported by the shared services organization of River Run Bancorp, MHC.  For more information on Pentucket Bank, please visit

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