FSB Receives “Community Bank Hero” Award

In July, Banking New England honored Franklin Savings Bank with a “2020 Community Bank Hero” Gold Award.  The bank was honored based upon its investment in the revitalization project for Franklin’s downtown area.  The Gold Award was presented in the $500 million to $1.5 billion asset size category.

We are truly honored to be recognized for our commitment to the transformation of downtown Franklin; a city we have proudly called home for over 150 years.  As a community bank with deep roots in the communities we serve, we are proud to be able to support some of the economic development projects underway in the city.

The Community Bank Heroes awards recognize and celebrate the many ways community banks give back to their communities.  Banking New England selected 20 community banks and credit unions across New England to honor them for developing unique community partnerships, and for going above and beyond the call to assist their communities in time of need.

10 Nonprofit groups awarded $39,700 in grants

The bank awarded $39,700 in grants to 10 local organizations through the Fund for Community Advancement, the philanthropic arm of Franklin Savings Bank. This round of funding represents the 43rd grant cycle. This year’s recipients included Catholic Charities of NH, $5,000; The Front Door Agency (Nashua), $5,000; Grafton County Senior Citizens Council, Inc. (Bristol), $5,400; Health First Family Care Center (Franklin), $4,828; Laconia Area Bicycle Exchange, $2,000; Making Matters NH (Boscawen), $5,000; Newfound Regional High School Robotics Team (Bristol), $2,000; Special Olympics New Hampshire (Manchester), $4,000; Stand Up Winnisquam (Tilton), $5,000; and Webster House (Manchester), $1,500.

The FSB Fund for Community Advancement was established in 1997 to provide support towards projects that will enhance the lives of individuals in the communities served by the Bank. To date, the Fund has awarded 225 grants totaling $1,029,807 to support a broad range of community activities. Areas of support include economic development, affordable housing, education, healthcare, social services, environmental needs, arts and humanities, human services, as well as programs or services that address the needs of children, adolescents, and single parent families.

Six employees receive promotions

Franklin Savings Bank is pleased to announce the promotions of Brian Bozak, Garrett Henry, John Bortolotto, Sue Paradis, Tab Gerry and Heather Bisson.  Brian Bozak was elevated to Executive Vice President, in addition to his existing role as Chief Operating Officer and Chief Financial Officer; Garrett Henry advanced to Senior Vice President and Senior Information Technology Officer; John Bortolotto was appointed to Regional Vice President and Commercial Loan Officer; Sue Paradis was promoted to Assistant Vice President, BSA, Risk Management, Security & Information Security Officer; Tab Gerry was elevated to Assistant Vice President, Senior Project Manager & Banking Systems Officer; and Heather Bisson advanced to Deposit Operations Officer.

“I am very pleased to recognize these individuals for their dedication and commitment to FSB, our customers and our communities.  They exemplify the spirit of community banking and lead by example each and every day,” commented Ron Magoon, President & CEO.  “We applaud them for their contributions to the bank and wish them continued success in their expanded roles.”

Save the Date

Annual Meeting of Corporators
Virtual Event
Wednesday, December 2, 2020
5:00 – 7:30 p.m.

Out of concern over the spike in COVID-19 cases throughout the state, FSB has made the decision to host our Annual Meeting virtually using Microsoft’s GoToMeetings platform. You will be receiving log-in instructions in the mail soon.

FSB donates $5,000 to new facility for Tilton Police

The Tilton Police Department received a $5,000 donation towards the construction of its new facility from the bank.  Located at 45 Sanborn Road (Rte. 132) in Tilton, construction is underway on the new facility, which is slated to be complete by the end of the year.

President & CEO Ron Magoon remarked, “It gives me great pleasure to present this donation to the Tilton Police Department to assist them with their new facility. We are also grateful for the opportunity to be involved with the construction of their building.  It took many years for this project to receive the support to move forward, and we are happy for Chief Cormier and his team.”

In acknowledgement for its donation, a room in the new station will be named after FSB and will be included on a donor wall. The bank will also receive a brick along a walkway leading up to a memorial area in front of the new facility.

FSB’s Main Office receives renovations

Over the summer, a few renovations were completed in the commercial lending area and kitchen at the bank’s main office.  New cabinets and granite countertops were added in the commercial lending area along with new carpeting and furniture in the waiting area.  Several offices also received a fresh coat of paint and new carpeting.

The kitchen area underwent a major remodel! In fact, the area was stripped down to the wall studs and new sheet rock was hung along with new window trim and a floor.  New cabinets and quartz countertops were installed to provide ample room for employees to prepare their meals.  In addition, the bank purchased new tables and chairs for the kitchen, as well as sitting chairs and side tables for a new area adjacent to the kitchen for employees to read a book or relax during breaks.

We Appreciate Referrals from Our Corporators!

As an FSB Corporator, you have the opportunity to be rewarded for your referrals! Not only will you receive a $25 incentive for your referral, but a customer who opens a new FSB checking account will also be rewarded $25. To request a supply of referral cards, contact Dawn Beers in the Marketing Department via email at Dawn.Beers@fsbnh.bank or 934-8358.