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    Piscataqua Savings Bank Holds Annual Meeting of the Corporation

    June 2, 2017 - Portsmouth, NH — Piscataqua Savings Bank recently held its Annual Meeting of the Corporation at the Elks Lodge, attended by members of the Board of Corporators, members of the Board of Trustees, senior Bank officers and staff.

    Chairman of the Board Kenneth R. Clark welcomed all in attendance to the meeting. President/CEO Richard M. Wallis led a business session and presented the slate of new Corporators. This year's slate of new Corporators included Kevin Adams, owner of Kittery Trading Post; Margot Doering, Principal of Cerulean Consulting; and Margot Thompson, Executive of Little Big Farm Foods.

    The focus of this year's Annual Meeting was on the upcoming renovations planned for the Bank's downtown Portsmouth, Pleasant Street location. The team has been engaged with plans to create a more customer accessible, productive space while maintaining the one-to-one personal banking experience that has long been a signature of this local community Bank.

    Executive VP, Joan Gile, Antone Cabral, VP/Information Technology Officer and Joseph Almeida, Trustee and Commercial Design Studio Manager for DeStefano Architects, all presented various aspects of the upcoming renovation to the downtown Pleasant Street facilities. Mr. Almeida said, "In the early conversations it was Ken Clark who emphasized 'how different this Bank is,' and we wanted to ensure the new design concept doubled down on the value of the personal experience customers have when they come into Piscataqua Savings Bank."

    Past President/CEO and current Board Trustee for the Bank, Jay Gibson commented after the presentation, "I appreciate the proactive effort the team has had in shaping the renovation. The thoughtfulness as to what we can offer our customers is phenomenal. The personal banking experience is going to be met with the new design and I believe our customers are going to be very comfortable.

    Mr. Wallis then drew the meeting to a close, commending the Board's forward-looking focus and thanking the Corporators for their support.

    Piscataqua Savings Bank is among the highest capitalized banks in the state. The only mutual bank based in Portsmouth today, Piscataqua Savings Bank is dedicated to serving local individuals and families and has been a cornerstone of the Portsmouth community since 1877. More information is available at www.piscataqua.com.

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

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