River Run Bancorp, MHC, the mutual holding company for Newburyport Bank and Pentucket Bank, is proud to announce the appointment of Karen Murphy as Chief Banking Officer and Executive Vice President.
With more than 30 years of experience in the financial services industry, Karen brings deep expertise and a proven track record of leadership. In this executive role, Karen will oversee the strategy, performance, and growth of several key banking divisions, including Residential and Consumer Lending, Retail Banking, Business Banking, Treasury Management, Operations & Customer Service, and Marketing. Based at the NB Main Office in Newburyport, she will play a vital role in advancing River Run’s mission to deliver exceptional service and innovative banking solutions to its customers and communities.
“Karen is an accomplished leader with a passion for empowering teams and driving results,” said Lloyd L. Hamm, Jr., President and CEO of River Run Bancorp. “Her breadth of experience and community-first mindset make her a perfect fit for our organization. We’re thrilled to welcome her to the River Run family.”
Murphy holds a Bachelor of Science in Business Administration from Providence College. She lives in Windham, New Hampshire, with her husband and their children. Deeply engaged in her community, she serves as President of the Windham High School Booster Club and volunteers with the Champions Basketball program, which offers inclusive sports opportunities for children with physical and learning disabilities—a cause she and her family have supported for the past eight years.
“I’m honored to join an organization that is not only committed to operational excellence, but also deeply rooted in its communities,” said Murphy. “I look forward to working with the talented teams across River Run to build on the company’s momentum and deliver continued value to our customers.”
About River Run Bancorp, MHC
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, River Run provides strategic support and shared resources to Newburyport Bank and Pentucket Bank, ensuring they can continue to serve their customers and communities with strength, stability, and a personal touch. Alongside River Run Services, LLC, we are dedicated to sustaining community banking for generations to come.