Newburyport Bank executive receives Scouting award

Timothy Felter

NEWBURYPORT — Timothy Felter, executive vice president, CFO and treasurer of Newburyport Five Cents Savings Bank, received the National Outstanding Eagle Scout Award from the National Eagle Scout Association. 

Felter received the award through The Spirit of Adventure Council of the Boy Scouts of America. The award recognizes Eagle Scouts who have made a significant impact on their community and state, and inspired others through their actions, according to press release from the bank.

Felter began his Scouting career in Canajoharie, New York, where he earned his Eagle in 1976. In 1990, he became active in Scouting again, first as an Eagle sponsor and then serving many positions on the board of the Yankee Clipper Council, including council president from 2010 to 2012.

Lloyd L. Hamm Jr., president and CEO of the bank, said he is proud of Felter’s dedication to Scouting.

“Tim is a natural giver of self, and his commitment to Scouting is an excellent example of just how important that organization can be throughout the life and career of an individual,” Hamm said. “I firmly believe that the values he learned as an Eagle Scout have helped form his current and important volunteer involvement in the communities we serve.”

In addition to Scouting, Felter serves on the boards of the Newburyport Custom House Maritime Museum and the Essex National Heritage Commission. He also serves on the finance committee for Anna Jaques Hospital, and is a 26-year member of the Greater Lawrence Kiwanis Club, where he has been recognized as Kiwanian of the Year.

He received The Key Foundation’s Craig Ryder Award in 2013 and the Andover Rotary Club’s Citizens Who Care Award in 2014. Felter is a graduate of Bentley University, and he and his wife live in Newburyport.

Newburyport Bank was founded in 1854 and has nine locations in Massachusetts and New Hampshire along with more than $860 million in assets. For more on the bank, call toll-free at 1-844-NewFive or visit


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