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June 23, 2022

Awards were presented to 15 seniors at seven area high schools.


FRANKLIN, NH (JUNE 16, 2022) – Fifteen high school graduates were bestowed a total of $14,600 in scholarships on behalf of the FSB Scholarship Fund. The awards were presented to seniors from seven area high schools located in the bank’s primary market area, including 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.


Ron Magoon, President & CEO, commented, “We are proud to offer our assistance to graduating seniors with their pursuit of higher education opportunities. As a community bank, this is just one of many ways we support the communities we are proud to serve. We are honored to be able to assist high school graduates and their families who may be faced with the challenge of paying for higher education.”


Since 1994, the FSB Scholarship Fund has provided support to students in their pursuit of higher education. To date, the bank has awarded 680 scholarships totaling $377,979 to high school graduates. The scholarship fund represents the bank’s commitment to helping families afford higher educational opportunities for their children who wish to attend college on a full-time basis. Visit FSBNH.BANK for additional information.


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 to learn more or follow the bank on Facebook, LinkedIn, Instagram, Twitter and YouTube.

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