MVSB to Open New Rochester Branch
Meredith Village Savings Bank has announced plans to open a new branch location at 21 Farmington Road (Route 11) in Rochester in early summer 2022. The land purchase was finalized in late September and construction is slated to begin soon, the bank said. “We are...
Refis Soared in 2020, But Can Boom Continue?
Banks have had plenty of challenges in 2020 including lower commercial loan demand, less net interest income in the ultra-low-rate environment, and higher credit costs as a result of the coronavirus pandemic. But if there has been one silver lining, it’s in the...
Refi Activity Surges After Fed Drops Rates
The economic impact of coronavirus is expected to hit bank profitability hard, as customers struggle to make loan payments and growth projections slow with a large chunk of the world hunkering down to prevent the spread of the virus. But the one bright spot banks are...
NHMB Picks Jack Henry as New Cloud-Based Core Provider
One of New Hampshire’s largest home-grown financial institutions is switching up its cloud provider. The $2.37 billion-asset New Hampshire Mutual Bancorp – composed of the $985 million-asset Meredith Village Savings Bank, the $938 million-asset Merrimack County...This Week’s Paper: Digital Edition
