Franklin Savings Bank recently broke ground on a new location in the Town of Merrimack. This will be the bank’s eighth full-service location. The new office, located at 1 Dobson Way, will be situated on a half-acre parcel adjacent to the Merrimack Village Shopping Center. The new 2,161 square foot office will feature a two lane drive-up area, two ATMs, a technology bar along with digital displays to enable staff to demonstrate the bank’s diverse line of electronic services to customers.

“We are pleased to continue our expansion further south with a new location in this vibrant and thriving community,” said Ron Magoon, President & CEO. “The success of our loan production office in Bedford encouraged us to pursue another location in this region.  We are proud to be community bankers and look forward to bringing community banking to the area.”

The bank is working with Paramount Partners to serve as Owner’s Representative, TF Moran for civil engineering needs, as well as with DeStefano Architects and Sullivan Construction for project management. The new branch is expected to open in September of 2017.

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, Laconia and Gilford, as well as an office in Bedford for business lending. Franklin Savings Bank also offers investment, insurance and financial planning services through its wholly-owned subsidiary, Independence Financial Advisors, from offices in Franklin, Bedford, Nashua and Rochester, New Hampshire. 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.

You can learn more about Franklin Savings Bank by calling 1.800.372.4445, or visiting, or following the bank on Facebook, LinkedIn, Twitter and YouTube.

Photo caption: (Pictured l-r) Heather Capraro, AVP, business development officer; Jenna Halvatzes, senior retail banker; Jillian Harris, AICP, planning & zoning administrator, Town of Merrimack; Thomas Sullivan, president of Sullivan Construction; David Kerr, senior project manager with Sullivan Construction; Ronald Magoon, President & CEO; Darren Hasenjaeger, associate with Paramount Partners, LLC; Jim Dubois, SVP, senior loan officer, Luca D’Italia, investment advisor, Independence Financial Advisors; and Karen Salmon, branch manager.