NHMB Opens Second Operations Center


Photo courtesy of New Hampshire Mutual Bancorp.

New Hampshire Mutual Bancorp opened a second operations center at 16 Foundry St. in Concord to accommodate the company’s recent growth. The location is the new headquarters for many Concord-based staff of NHMB and Merrimack County Savings Bank in operations, executive management and finance.  

The facility is NHMB’s second operations center; the other is in the Seneca Ladd Building in Meredith, which houses operations, marketing, commercial lending, business development and finance employees from the Lakes Region. Additional operations staff will also continue to work in the Keene and Walpole areas at Savings Bank of Walpole offices. The 18,000-square-foot center is owned by Merrimack County Savings Bank. 

“Our intent was to build a facility that could accommodate our evolving customer and community needs,” Gregg Tewksbury, president and CEO of NHMB, said in a statement. “NHMB allows our banks to remain independent and distinctive. While self-governing, our affiliates also share costs and ideas. The new operations center on Foundry Street allows us to meet the needs for space to support our growing banks while keeping jobs in the communities we’ve been serving for over 150 years. We’re extremely pleased with the new center and the help we had with many contractors who worked together to produce creative solutions for our employees, including quiet areas, a collaboration room with comfortable furniture and lockers for personal storage.” 

NHMB is housed on the entire third floor and in two-thirds of the building’s second floor. Neighboring businesses include Concord Pediatric Dentistry and Concord Orthodontics. 

“Employees immediately felt welcome and at home. I couldn’t be happier with how smoothly the transition went and how hospitable our new neighbors are,” NHMB Vice President of Facilities and CRA Officer Alison Whynot said in a statement. “The interior was designed to be very light and open.” 

New Hampshire Mutual Bancorp, a mutual holding company, was formed in 2013 when two New Hampshire-based community banks, Meredith Village Savings Bank and the Merrimack County Savings Bank, formally affiliated. MillRiver Wealth Management joined as a third subsidiary in 2015, combining the financial advisory divisions of MVSB and the MerrimackSavings Bank of Walpole joined in July 2018. Each bank remains separately chartered and locally managed.