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Bank of New Hampshire

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History of Bank of New Hampshire

Bank of New Hampshire is the largest independent bank headquartered in New Hampshire and has grown to 21 offices state wide with more than $1 billion in assets since its inception in 1831.  Because the bank is a mutual organization, it doesn't answer to stock holders and can focus on the success of its customers, communities and employees. Throughout its long history, the bank continues to be a strong, stable, financial organization.

“We are proud to be New Hampshire’s oldest and largest locally owned bank; success means more than what we see on our balance sheet. It’s what we see on the faces of those we serve every day. That’s been our mission for nearly two centuries and it continues to be our mission to this day,” said Mark Primeau, President and Chief Executive Officer of Bank of New Hampshire.

Bank of New Hampshire has played an integral part in New Hampshire's growth and has shown a strong commitment to the communities where their employees serve, live and work. The bank has a long history of providing financial support to non-profit agencies around the state including the Laconia Public Library, Lakes Region Childcare, the Bedford Public Library, the Children's Museum of Portsmouth, Concord VNA, American Red Cross, Avis Goodwin Community Health Center, New Hampshire Food Bank, New Hampshire Humane Society and many, many others. The bank strongly promotes volunteerism and last year bank employees volunteered more than 7,000 hours.

Bank of New Hampshire has prospered through the Civil War, the Great Depression, two World Wars and seven Red Sox World Series Championships.  Here is a time line of milestones the bank has reached in its long history in New Hampshire.

  • 1831     Franklin Pierce signs the charter creating Meredith Bridge Savings Bank 
  • 1832     Receives its first deposit in the amount of $10.50 
  • 1869     Name changes from Meredith Bridge Savings Bank to Laconia Savings Bank 
  • 1891     Assets exceed $1 million dollars 
  • 1925     A new vault is constructed, complete with safe deposit boxes 
  • 1953     The interior of the bank undergoes a major renovation 
  • 1969     ATMs are introduced 
  • 1971     A new main office is constructed on Pleasant Street in Laconia 
  • 1994     First acquisition resulting in two additional offices 
  • 1996     First generation website is launched and the Wealth Management division is established
  • 1999     Nine new offices acquired from Fleet Bank 
  • 2000     Online Banking service introduced  
  • 2005     Historic French-Atwood barn in Bedford is restored and opened as 16th office 
  • 2006     Footprint expands to the seacoast region by opening a new office in Dover 
  • 2008     Mobile Banking introduced and acquisition of two new office locations; Antrim and Hillsborough 
  • 2009     State Street office in Concord relocates to a newly restored, historic North Main Street building  
  • 2011     Celebrates 180 year anniversary, named the New Hampshire Financial Business of the Year by NH Magazine and assets 
                 exceed $1 billion dollars
     
  • 2012     Two new offices open in Manchester and Rochester in newly constructed buildings
                 Name changes from Laconia Savings Bank to Bank of New Hampshire to better reflect who we have become
     
  • 2013     Keene LPO established, Plymouth office is renovated and BeMobile Deposit apps for tablets and 
                 smartphones are introduced
     

 

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