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News: Community

FSB purchases $50k in Tax Credits for Gale School

Franklin Savings Bank purchased $50,000 in New Hampshire business tax credits from Lakes Region Community Developers (LRCD) to support the redevelopment of the Gale School in Belmont. The project will transform the dilapidated building into a vibrant community facility hosting a child care center operated by the Boys & Girls Club of Central NH and a program center operated by Lakes Region Community Services (LRCS).

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FSB awards $15,600 in scholarships to 18 high school graduates

Franklin Savings Bank recently awarded $15,600 in scholarships to 18 seniors from seven area high schools located in the bank’s primary marketplace to include Franklin High School, Gilford High School, Goffstown High School, Merrimack High School, Merrimack Valley High School, Newfound Regional High School, and Winnisquam Regional High School.  Presented to graduates during awards night, the scholarships were awarded through the FSB Scholarship Fund.

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FSB Purchases $116,500 in CDFA Tax Credits for Mill City Park

Franklin Savings Bank announced that it has purchased $116,500 in CDFA tax credits to close the funding gap on the development of Mill City Park at Franklin Falls. Located in the heart of downtown Franklin, NH, the Park will be the first of its kind in New England and will be situated on 13 acres, featuring several whitewater features, a bike pump track, climbing walls, walking trails, an amphitheater, camping sites, and more.

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Franklin Savings Bank, in partnership with the Independent Community Bankers of America (ICBA), encourages Americans to invest their hard-earned dollars in their local communities by shopping with small businesses during National Small Business Week, taking place May 2-8, 2021.

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