River Run Bancorp has announced the promotion of Christine Teel to Vice President of Accounting. Teel, who brings 30 years of industry experience to the role, is based at River Run’s Harbor Place offices in Downtown Haverhill.
“Christine’s promotion reflects both the depth of her expertise and the steady leadership she brings to our accounting team,” said Karl Denu, Senior Executive Vice President / Chief Financial Officer. “Her understanding of the financial and regulatory environment, along with her collaborative approach, makes her an invaluable part of the River Run organization.”
In her new role, Teel provides strategic direction in several critical areas of financial operations, including payroll and benefits accounting, income taxes, general ledger integration, and holding company accounting and reporting. Her work helps ensure strong financial oversight and supports the continued growth of River Run and its affiliated banks.
For Teel, the promotion reflects a professional journey shaped by perseverance and lifelong learning. “Returning to school later in life to pursue my accounting degree was a defining step in my career,” she said. “Being able to apply that experience here at River Run and contribute to an organization focused on strong financial stewardship is incredibly rewarding.”
Teel holds two bachelor’s degrees: one in Early Childhood Education and another in Business Administration with a concentration in Accounting, both from Salem State University.
A resident of Georgetown, Massachusetts, she enjoys spending time with family and friends, traveling with her husband Phil, and taking road trips.
About River Run
River Run Bancorp, MHC is redefining the future of community banking by preserving the mutual banking model while empowering its affiliated banks to maintain their independent brands and deep local commitments. Established in 2023, and with collective assets of $3.6 Billion, River Run provides strategic support and shared resources to Newburyport Bank, Pentucket Bank, and Rollstone Bank & Trust, ensuring continued service excellence to their customers and communities, paired with strength, stability, and a personal touch. Alongside River Run Services, LLC, we are dedicated to sustaining community banking for generations to come.