Kim Bushey Hired to Lead Commercial Lending Department

Thomas A. Borner, President and CEO of Putnam Bank, recently announced the hiring of Kim Brian Bushey to lead the commercial lending department as a Senior Vice President. “I’m pleased with the growth we’ve experienced at Putnam Bank, and adding this position to our commercial department, with Kim’s leadership and experience, is an important step in achieving our goals set forth in our recent capital raise and will fuel our expansion of lending in eastern Connecticut”, commented Borner.

Bushey_Kim_headshotKim brings 35 years of commercial lending experience to Putnam Bank.  Following graduation from Eastern Connecticut State University, Kim worked the first 25 years of his commercial banking career with Bank of America and predecessor banks.  His experience included time in Credit Analysis and Underwriting, Commercial Real Estate, Special Finance, Asset-Based Lending and Business Finance.  He worked the last 9 years at Santander (formerly Sovereign Bank) in management positions in Underwriting, Asset-Based Lending and Business Banking which included managing the Business Banking team at Santander covering Connecticut and Western Massachusetts.

In recent years, Kim has been actively devoted to helping raise money and awareness in the fight against both ovarian and brain cancer and is looking forward to getting actively involved in all of the communities that Putnam Bank serves.

Kim has lived in eastern Connecticut his entire life and resides in Hebron with his wife Susan and their five children.

Kim commented, “I am very excited to join the Commercial Lending team at Putnam Bank under the leadership of Tom Borner and look forward to reconnecting with old customers as well as establishing and growing new relationships in the Connecticut market.”

Putnam Bank, in existence for over 150 years, is a state-chartered and insured stock bank, with assets, including the holding company of approximately $500 million dollars. Putnam Bank has branch offices in Putnam, Pomfret Center, Danielson, Plainfield, Griswold, Gales Ferry, and Norwich. It also operates a full-service loan center in Putnam. For more information call (800) 377-4424, or visit our website at putnambank.com.