Corporator Connections
News & Updates for FSB Corporators
FSB commits to lead sponsorhip of the WMUR Toys for Tots Drive for the 3rd consecutive year.
Franklin Savings Bank has committed to sponsoring the WMUR Toy’s for Tots Drive again this year! This sponsorship is in alignment with the bank’s mission to be a community leader in all of its markets, and throughout the state.
This philanthropic effort is managed by The Marines Toys for Tots Foundation, which strives to bring joy to children who are less fortunate. Last Fall, employees and community members generously donated unwrapped toys in an effort to offer the children of New Hampshire the opportunity to have a Merry Christmas. All eight FSB locations will again act as drop off locations for this annual drive, which will run from November through the beginning of December.
Last year this drive had a record-breaking year, distributing an unprecedented 24.4 million toys, books and games to 9.9 million children in need. We are thrilled to be a part of this great cause!
Franklin Savings Bank Employees Raise over $22,500 for Granite United Way
Franklin Savings Bank was proud to announce its employees pledged over $11,250 as part of the bank’s annual Pacesetter campaign for Granite United Way. The bank also made a dollar-for-dollar matching contribution, thereby increasing the amount raised to over $22,500.
Franklin Savings Bank and its employees have been raising funds to support the Granite United Day for over a decade as part of its commitment to the communities it serves. This organization works hard every day to improve the quality of life in New Hampshire, and we are happy to support their efforts.
Funds raised from Granite United Way’s (GUW) annual campaign are used to make strategic investments in communities to help individuals learn, earn and be healthy. In 2022, 137 organizations in six regions served by GUW received support from its local funding process and strategic partnerships.
Community banking remains strong in NH, response to Silicon Valley failure
In response to the unfortunate failure of Silicon Valley Bank, FSB sent an email to all of its customers, offering assurance that our bank is stable and reliable, and will continue to be so going forward. Here is the email that was sent out…
The last few days have been unsettling for many bank customers as a result of the failures of Silicon Valley Bank headquartered in California, and Signature Bank based in New York. Fortunately for depositors at both institutions, the Treasury Department, Federal Reserve, and the Federal Deposit Insurance Corporation (FDIC) indicated in a joint statement that all depositors will be made whole.
Rest assured you can continue to bank with confidence at Franklin Savings Bank. We are financially strong, well-capitalized and remain focused on meeting the needs of the individuals, families, and businesses in our local communities. This stands in stark contrast to banks like Silicon Valley Bank that are heavily concentrated in non-traditional banking activities.
As a community bank, we have stayed true to our mission and to our sound business practices. Our management team and Board of Directors remain committed to meeting the needs of our customers and community.
Since 1869, we have been here to meet our customer’s needs. As your community bank, you have access to our experienced team, and we are ready to assist you anytime with any questions or concerns. We encourage you to stop in or contact us at 603.934.4445 or 1.800.372.4445 if you would like to speak with us further.
FSB purchases $15,000 in CDFA Tax credits to support Boys & Girls Club of Central New Hampshire
Franklin Savings Bank recently purchased $15,000 in CDFA tax credits to assist the Boys & Girls Clubs of Central New Hampshire with transforming the Penacook Community Center into a new 7,500 square foot childcare and youth development center. The project is expected to cost $5.7 million and will provide a state-of-the-art facility, located in Penacook, for individuals and families to enjoy.
We wanted to partner with the Boys & Girls Clubs of Central New Hampshire on the redevelopment of the Penacook Community Center because it has provided the community with access to affordable childcare services and summer camps, training and professional development classes for adults, and other youth programs for over 70 years.
The project has received funding from several sources, including a $500,000 block grant and $450,000 in tax credits (2023 & 2024) from the Community Development Finance Authority, in addition to donations from several businesses and private donors.
Choose Franklin Day was a success!
Hundreds of community members flocked to the FSB booth at Choose Franklin Community Days on Saturday, May 13th to say hello and get a balloon for their kids. We gave away purple FSB branded water bottles and popcorn, which was a hit among everyone who stopped by.
As part of this event, we filmed a brief video of several FSB volunteers inviting community members to come visit us as they enjoy their day in the sun! This video was well-received both inside and outside the bank, and received 42 likes, six comments and 3 shares on social media, not to mention sparking lots of conversation after the event. We plan to bring more employee volunteers into the spotlight as we participate in community events throughout the year.
We appreciate referrals from our Corporators!
Did you know as an FSB Corporator, you have the opportunity to be rewarded for your referrals? We offer referral cards for you to hand out to individuals for them to receive $25 when they open a new personal checking account with us. Once the new account is opened, you will also receive $25 deposited into your FSB account! To receive some referral cards, contact Jenn Demers, Marketing and Community Engagement Officer, in the marketing department.