Franklin Savings Bank Elects Five New Corporators

December 8, 2020

Franklin Savings Bank announced today the election of John Benham, Brian Bozak, Suzanne Maze, Lorna Platts, and Michael Ventura as new Corporators to Franklin Bancorp, MHC, a mutual holding company and parent corporation of the bank. The elections were confirmed at the bank’s 152nd Annual Meeting of Corporators on December 2, 2020. Also at the meeting, Scott Clarenbach, Ronald Magoon, and Dorcas Gordon were each nominated to a three-year term, expiring in 2023, as Director of the Franklin Savings Bank Board of Directors.

Benham is President of Pump Systems Inc., located in Franklin, NH. He belongs to the Meridian Lodge of Masons and Kearsarge Mountain Boys, both based in Franklin, where he also resides with his wife.

Bozak is Executive VP, COO & CFO for Franklin Savings Bank. He has 18 years of banking experience and is a CPA. Bozak serves as Treasurer of the BEDC Board of Directors and is a member of their loan committee. He resides in Sanbornton, NH with his wife and son.

Maze is a second-generation owner of Black Forest Nursey in Boscawen, NH. She enjoys volunteering at Concord Hospital’s emergency department, and is an active musician at a local church. A resident of Franklin, NH, giving back to the community is important to Maze and her life philosophy.

Platts is the owner of Old Mill Properties, REALTORS® based in Bristol, NH. She is a member of the Lakes Region Board of REALTORS®, the National Association of REALTORS®, the Council of Residential Specialists, and holds the Graduate of REALTOR® Institute (GRI) designation. Platts lives in Danbury and enjoys spending time with her family as well as exploring the outdoors.

Ventura is President & CEO of Independence Financial Advisors, LLC, a wholly-owned subsidiary of Franklin Savings Bank. Ventura has been with the bank for 25 years. Currently, he is Board Chair at Spaulding Academy & Family Services in Northfield, NH. A resident of Penacook, Mike and his wife are active participants in many charitable causes.

During his remarks at the annual meeting, Stuart Trachy, Chair of the Franklin Savings Bank Board of Directors, commented, “We are proud to welcome these individuals as newly appointed Corporators of Franklin Bancorp. They are successful professionals within their businesses and respective communities; they will serve as wonderful ambassadors for the bank.”

Further, Scott Clarenbach, Ronald Magoon, and Dorcas Gordon were nominated to a three-year term on the Franklin Savings Bank Board of Directors. Clarenbach joined the Board in 2011, while Magoon and Dorcas joined in 2016 and 2019, respectively.

The bank also recognized the retirements of both John Lard and Charlie Chandler at the meeting. Lard is a retired CPA who practiced for decades with his own firm, John L. Lard & Associates, PC. He joined the bank’s Board of Directors in 1994 and served as Chair from 2014-2015. Charlie Chandler is a retired attorney who also had his own private practice for many years. He joined the Board in 2009 and served as Chair from 2016-2018. In addition, Chandler has served over 45 years in both local and state government, and is currently a selectman for the Town of Warren and a moderator for the Warren School District.

Franklin Savings Bank President & CEO Ronald Magoon commented, “John and Charlie brought a wealth of experience and expertise to our Board. They both had a genuine passion for community banking and a commitment to the independence and mutuality of Franklin Savings Bank. We are truly grateful for their years of service and appreciate their contributions over the years. They will be sorely missed by everyone at the bank.”

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. Headquartered in Franklin, the Bank has offices in Bristol, Boscawen, Tilton, Gilford, Merrimack and Goffstown. Through its wholly-owned subsidiary, Independence Financial Advisors, Franklin Savings Bank also offers investment, insurance and financial planning services. A recognized leader in providing the latest in financial services technology, Franklin Savings Bank is 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.

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

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