Magazine names Laconia Savings Bank a N.H. Business of the Year

MANCHESTER — Laconia Savings Bank has been named New Hampshire’s Financial Services Business of the Year by Business NH Magazine.

The bank is currently celebrating 180 years of service to its customers and communities throughout New Hampshire. Over the years it has grown to become the largest independent bank in New Hampshire — with 19 full service offices across the state. Additional branches are planned for Manchester and Rochester.

Laconia Savings Bank has assets of over $1-billion and capitol reserves totaling $120-million.

Laconia Savings Bank’s investment in communities goes well beyond loans and business transactions. As a mutual bank, it invests significantly in local communities with time, talent and financial resources. The bank contributes more than 10-percent of its net income back into the communities it serves. Over the past two years, it has invested in excess of $1.5-million in hundreds of not-for-profit, charitable, education and social service organizations across the state.

“Laconia Savings Bank would like to thank Business New Hampshire Magazine and the N.H. Association of Chamber Executives for this honor,” stated Mark Primeau, President & CEO of Laconia Savings Bank. “We are thankful for this award and are looking forward to bringing the very best in banking to the businesses and citizens of New Hampshire.”