By Joyce Dimaculangan
Optima Bank & Trust welcomes Raymond W. Dugdale as Vice President and Commercial Loan Officer in its Dover loan office. As Vice President, Mr. Dugdale will be responsible for providing commercial loans for small businesses and investment real estate, including the utilization of state and federal lending programs. Prior to joining Optima Bank, Mr. Dugdale served as Vice President at CDC New England for three years.
An SBA specialist, Mr. Dugdale brings more than 30 years of experience in commercial banking in New England working with small businesses; real estate purchases and refinances; and Small Business Administration lending programs. His background includes extensive experience in commercial, industrial, and commercial real estate lending.
The new Vice President is a graduate of the Stonier Graduate School of Banking and has obtained a Bachelor of Arts degree in Mathematics from Keene State College.
About Optima Bank & Trust
Founded in 2007, Optima Bank & Trust is the only award-winning, locally-owned commercial bank headquartered in New Hampshire’s Seacoast. It offers personal and commercial banking services in Portsmouth. The Bank provides exceptional service combined with the latest technology, including mobile and online banking and Remote Deposit Anywhere. Optima Bank operates full-service branches in downtown Portsmouth, at Pease International Tradeport, Stratham and North Hampton and loan offices in Dover and Bedford. The Exeter Area Chamber of Commerce, and the Greater Portsmouth Chamber of Commerce recognized Optima Bank as Business of the Year in 2013 and 2012, respectively. To learn more about Optima Bank & Trust, visit its website at www.optimabank.com.