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NBT Bank News

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NBT Bank Hires Murphy as Regional Credit Officer

NORWICH, N.Y. (AUGUST 10, 2012) – NBT Bank President of Commercial Banking Jeffrey Levy announced that James E. Murphy has been hired as senior vice president and regional credit officer.

In this role, Murphy will support commercial banking teams with underwriting, credit approvals and portfolio management in the bank’s New York and New England markets. He will be based at NBT Bank’s Capital Region Financial Center, 80 Wolf Road, Albany.

Murphy has 30 years of experience in commercial lending. Before joining NBT Bank he was a senior vice president and credit executive for JP Morgan Chase Bank overseeing that company’s Albany, Syracuse and New England markets. He previously worked at Bankers Trust where he was a vice president and relationship manager.

A resident of East Greenbush, Murphy has a bachelor’s degree from Siena College and an MBA from Russell Sage College. He has served on the board and audit committee of the Empire State Development Corporation and the board of Catholic Charities in Albany. Murphy also is a former adjunct professor teaching in the MBA program at Russell Sage College.

“We are very excited to have Jim join our team,” Levy said. “His knowledge of the market and his experience in maintaining the quality of commercial credit portfolios will be a strong complement to our growth strategy in the region.”

NBT Bank offers personal banking, asset management and business services through a network of 137 banking locations in five states. NBT Bank operates from 97 locations in upstate New York, northwestern Vermont and western Massachusetts. NBT’s Pennstar Bank division operates from 35 locations in northeastern Pennsylvania, and its Hampshire First Bank division operates from five locations in southern New Hampshire. NBT Bank and its parent company, NBT  Bancorp Inc., are headquartered in Norwich, N.Y. NBT Bancorp Inc. had assets of $6.0 billion as of June 30, 2012, and is traded on the NASDAQ Global Select Market under the symbol NBTB. More information about NBT Bank and NBT Bancorp can be found on the internet at www.nbtbank.com and www.nbtbancorp.com.