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    Piscataqua Savings Bank Expands Trusts & Investments Team

    January 15, 2013- Portsmouth, NH - Piscataqua Savings Bank is pleased to announce that John P. Fredette, CFA has joined the Bank's Trust Department as a Trust Investment Officer. John earned his undergraduate degree in Accounting from Plymouth State University and his graduate degree in Finance from Southern New Hampshire University. John was awarded the Chartered Financial Analyst (CFA) designation in September 2012. His responsibilities will include managing new and existing Trust client investment portfolios. Prior to joining the Bank, John was employed by Fidelity Investments as an Assistant Portfolio Manager in the Global Asset Allocation Division. John will be residing in the Portsmouth area with his wife Lisa.

    Rick Wallis, President/CEO of the Bank said, "The need for our Trust & Investment services has grown and we want to provide the highest level of attention to those clients who are seeking our unique brand of local, personalized service. John will be a great asset to our team and we're thrilled to have him on board."

    The Trust & Investment Department at Piscataqua Savings was established in 1995 and has become known for providing results-oriented, risk-controlled services for clients whose investment goals extend for generations.

    The only mutual bank based in Portsmouth today, Piscataqua Savings is dedicated to serving local individuals and families and has been a cornerstone of the Portsmouth community since 1877. Information is available at www.piscataqua.com

    Contact:
    Rick Wallis, President/CEO
    603.436.5250
    rwallis@piscataqua.com

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