Putnam Bank Announces Ray De La Cruz as new Commercial Loan Officer

Thomas A. Borner, President and CEO of Putnam Bank, recently announced the hiring of Ray De La Cruz as the new Commercial Loan Officer. Mr. Borner commented, “As we build on our recent commercial lending successes throughout Eastern Connecticut, I’m confident that Ray’s experience and enthusiasm will serve the bank well.”

Ray graduated from RI College with a degree in International Business Management. He spent the first 10 years of his banking career with Citizens Bank in the Providence, RI Metro Area and Northern RI. Ray held positions there including Assistant Branch Manager and Business Relationship Manager. He is passionate about helping small business owners protect, and grow their business.

Ray was born in the Dominican Republic and is fluent in Spanish. Last year he, his wife Genesis, and their 4-year-old daughter moved to Danielson from Providence, RI. Ray enjoys volunteering his time with the Ronald McDonald House of Providence, bike riding in the summertime, and spending time with his family.

Ray commented, “I’m very excited to work at Putnam Bank, helping individuals, and businesses reach their financial goals.”

Putnam Bank, in existence for over 155 years, is a state-chartered and insured stock bank, with assets, including the holding company of approximately $517 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.