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Richard Balestracci

SVP, Commercial Lending Department Manager

Richard Balestracci

How Can I Help You?

I’m able to help your business obtain a commercial loan, real estate loan, lines of credit, Small Business Administration (SBA) loan, and more. Recently, I worked with Sift Bake Shop, 85th Day  Restaurant Group, and many others, including business owners in construction and manufacturing, to help finance their businesses and support their dreams.

A Little About Me

I’m an active member of the community, serving as the Treasurer of the Stonington Community Center, a member of the Stonington Economic Development Commission, and a Loan Committee Member for the Southeastern Connecticut Enterprise Region. My family and I live in Pawcatuck, and I enjoy coaching my kids in Pawcatuck Little League.

I feel honored to have been recently selected as a New Leader in Banking by the Connecticut Banker’s Association (CBA) and American Business Media. The 13 recipients of this award are considered to be outstanding employees who have made a notable impact in both their bank and the community, beyond their job description. 

I earned a bachelor’s degree in economics from the University of Connecticut in 2007 and a MBA for emerging leaders from the University of New Haven. I also completed the Chamber of Commerce of Eastern Connecticut Leadership Program, and am a recent graduate of the American Bankers Association’s Stonier Graduate School of Banking at the University of Pennsylvania.