Published DateLACONIA — Bank of New Hampshire announced Tuesday that Executive Vice President Tom Garfield will retire from the bank effective April 30 after nearly 16 years at Bank of New Hampshire and a total of 42 years in banking.
"Tom's contribution to our organization has been exceptional and critical to developing our statewide franchise," said Mark Primeau, President & CEO of the Laconia-based institution. "He has been a true asset to our organization and we are grateful for the leadership he has provided. Tom has mentored a good number of employees during his tenure, each of which have benefitted greatly from his guidance."
As the executive vice president of Consumer Services, Garfield was responsible for the oversight of all services and functions related to the delivery of consumer services including branch administration, retail lending, deposits and loan servicing. He has been active in the Lakes Region community, volunteering his time with organizations such as the Lakes Region Rotary Club, Belknap Economic Development Council, Community College System of NH, LRGHealthcare, Shaker Regional School Board, New Hampshire Hospital Association, Lakes Region Toastmasters, Winnisquam Fire Department, American Red Cross, Salvation Army and the United Way.
As a dedicated volunteer, Garfield has been asked many times what he has found to be the most satisfying, he explains that "writing a check for a donation is easy, but 10 years as a nationally registered Emergency Medical Technician on the Winnisquam Fire Department was the most satisfying volunteer experience I ever had." For him, responding to medical emergencies provided him the opportunity to deliver immediate and direct care to people in distress and to see the impact his care had on their lives.
In a recent interview, Garfieldreflected on his years in banking and how "the dynamic changes in the landscape of the financial services industry created by the consolidation of banks and proliferation of non-bank competitors" has changed the industry. In his retirement he will remember the "great group of people" he has worked with and looks forward to spending time with his wife, children and grandchildren, managing his small herd of alpaca and working on their tree farm, all with no set schedule.
Two employees who currently report to Garfield will be assuming new responsibilities to take over the Consumer Services department. Tom Drouin, SVP – Retail Lending Manager will now report directly to the bank president and will continue to manage the Retail Lending aspect of Consumer Services. Ann Nichols, SVP - Senior Retail Banking Officer will also report directly to the bank president and has taken on overseeing all 21 offices and the banks deposit portfolio.