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NH Team Seeks to Launch Nation’s First Mutual in Decades

NH Team Seeks to Launch Nation’s First Mutual in Decades

by James Sanna | Sep 20, 2021 | Banking & Lending

The first mutual bank to be organized in a half-century could get its start right here in New Hampshire. Its backers hope to help the local and organic agriculture sector grow and say their effort could provide a template for a wave of new, mission-driven lenders. ...
Primary Bank Looks to Raise $20M with Stock Offering

Primary Bank Looks to Raise $20M with Stock Offering

by The Registry Review | Feb 6, 2020 | Banking & Lending

One of New Hampshire’s newest banks has kicked off a second fundraising campaign. Bedford-based Primary Bank is looking to raise $15 million to $20 million of capital investment via a stock offering. The bank raised $30.4 million in capital from over 421...
Nashua De Novo Millyard Bank Gets FDIC OK

Nashua De Novo Millyard Bank Gets FDIC OK

by The Registry Review | Aug 9, 2019 | Banking & Lending, Industry News

A de novo bank seeking to open in Nashua received approval from the FDIC for deposit insurance on July 30. The bank-in-formation is still awaiting word on its application with the New Hampshire Department of Banking. Millyard Bank hopes to be a boutique bank that will...

Group Looks to Launch State-Chartered Bank in Nashua

by The Registry Review | Dec 13, 2018 | Banking & Lending, Industry News

A group of bankers is looking to start a new state-chartered bank in New Hampshire, which would be the first bank headquartered in Nashua since 2012. Millyard Bank has filed applications with the FDIC and the New Hampshire Banking Department. The group will eventually...

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