Award was presented for the bank’s commitment to the revitalization of downtown Franklin by Banking New England
Banking New England honored Franklin Savings Bank with the “2020 Community Bank Heroes” Gold Award. The bank was honored based upon its investment in the revitalization project for Franklin’s downtown area. The Gold Award was presented in the $500 million to $1.5 billion asset size category.
“We are truly honored to be recognized for our commitment to the transformation of downtown Franklin; a city we have proudly called home for over 150 years,” said Ron Magoon, President & CEO. “As a community bank with deep roots in the communities we serve, we are proud to be able to support some of the economic development projects underway in the city. Our ability to assist communities in need is just one of many reasons why I am proud to be a community banker!”
The Community Bank Heroes awards recognize and celebrate the many ways community banks give back to their communities. Banking New England selected 20 community banks and credit unions across New England to honor them for developing unique community partnerships and for going above and beyond the call to assist their communities in time of need.
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.