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Franklin Outing Club Receives $4,250 Donation from FSB

September 18, 2019

Gift represents proceeds raised from the Bank’s 150th Anniversary Celebration

Franklin Savings Bank presented the Franklin Outing Club with a $4,250 donation, representing proceeds raised from its 150th Anniversary Celebration held earlier in the summer. The idea to designate a charity based in Franklin was conceived by the planning committee who worked tirelessly to organize a day-long event to commemorate this extraordinary milestone for the bank.

“We are proud to present the Franklin Outing Club with this donation to support their mission of providing residents of the greater Franklin community with outdoor recreational activities for all ages,” said Ron Magoon, President & CEO. “As a bank that is deeply committed and vested in the revitalization of Franklin, we felt it was important to support a local group by donating all monies raised from hosting our celebratory event. This is another fine example of how a true community bank supports its community.”

The Franklin Outing Club is a non-profit organization offering year-round outdoor recreational activities in the greater Franklin area. Through generous contributions from members and businesses, the Club hosts a variety of activities at a reasonable price or no cost to members and others with a passion for exploring the outdoors. The Club serves residents of the Capital Area and Lakes Region as well as visitors to New Hampshire.

Established in 1869, Franklin Savings Bank is an independent, mutually-owned community bank, offering a full array of commercial lending, personal banking and investment services throughout the Central Lakes Region and southern New Hampshire. Headquartered in Franklin, the Bank has offices in Bristol, Boscawen, Tilton, Gilford, Merrimack and Goffstown, as well as an office in Bedford for business lending. The Bank also offers investment, insurance and financial planning services through its wholly-owned subsidiary, Independence Financial Advisors. As a recognized leader in providing the latest in financial services technology, Franklin Savings Bank remains committed to serving the needs of businesses, families and the communities it serves, through a dedicated team of employees, a diverse line of financial products and services, and continued investment in emerging technology.

Since 2009, Franklin Savings Bank has donated over 11% of its net income to charity. Visit to learn more or follow the bank on Facebook, LinkedIn, Twitter and YouTube.

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