Since our conception in 1877, Piscataqua Savings Bank has been committed to serving the Seacoast community. By becoming a certified B Corporation, we have taken this commitment one step further. PSB is dedicated to the wellness of our community in many ways, from the service we provide our customers to our variety of volunteer efforts that better the Seacoast.

What is a B Corporation?

Certified B Corporations are leaders in the global movement for an inclusive, equitable, and regenerative economy, using business as a force for good. B Corporations demonstrate high social and environmental performance, make a legal commitment to improving their corporate governance structure to be accountable and equal, and exhibit transparency of their business practices for the world to see. As leaders in this movement, B Corps may reap incredible benefits for their company and community alike.

To obtain B Corp certification, your company must undergo the rigorous process of the B Impact Assessment and achieve a score of 80 or above. The assessment consists of answering a series of questions about your company’s practices and outputs across five categories: governance, workers, community, environment, and customers. To pass the assessment, your company must prove that your business is meeting the highest standards of social and environmental performance, accountability, and transparency on factors from employee benefits and charitable giving to supply chain practices and input materials.

Why Do We Choose to B?

Piscataqua Savings Bank chooses to B for one simple reason: community. We are dedicated to serving and improving the area that we call home and the lives of those that reside in it. As leaders in a global movement that uses business as a force for good, Piscataqua Savings Bank works hard to positively impact our workers, customers, community, and environment. But don’t just take our word for it, here’s what being a B Corp means to Team PSB!

Antone Cabral (Senior Vice President, Senior Information Technology Officer)
To me, being a B Corp means to continuously push ourselves to be better. Whether it is how we do business with our customers, what we can give back to our employees and community, or just making the right decisions for the future of our planet. I’m proud to work for a company that not only has a high ethical standard, but is 100% transparent on how and what we are doing to make that claim. Now, anywhere I see the B Corp designation, I know that company stands for more than just making a profit!

George Rooney (CFA, Portfolio Manager)
Being a B Corp raises the bar for us on how we quantify our impact on the community and the environment. As a community bank, we have always focused on being a positive influence, it is a natural progression to attain B Corp status.

Greg Doolittle (CRCM, Vice President / Audit & Compliance Officer)
I am proud to work for a company that is a B Corp. Being a community mutual savings bank already shows how we put our customers first, since we don’t have stockholders to answer to. Being a B Corp shows that the bank truly cares about the environment and their employees. PSB provides a bin for composting, purchases recycled paper, and not only encourages volunteerism, but provides all employees with a day off to be able to help in our community – what more could you ask for?

Wanda Fontaine (Vice President / Operations Officer)
PSB has always emanated values similar to those of the B Corp philosophy, and we now have a title aligning with what we have strived towards. Since our conception, we have maintained that we have a purpose deeper than profit, putting our customers, community, and planet first. These are qualities that are important to me, and having these be important to your employer makes it an even better place to work.

Benjamin S. Wheeler (Vice President / Business Development Officer)
The philosophy behind being a B Corp centers around protecting and improving our planet. By combining environmental stewardship with capitalism, PSB aims to put planet over profit and provide a healthy environment for all people to live and work in. At PSB, we believe you can’t have one without the other.

Paul Alix (Vice President / Senior Loan Officer)
Being recognized as a Certified B Corp confirms what our customers, employees and this community already know: Piscataqua Savings Bank is not about the bottom line or profit margin; it’s about taking care of people and doing what’s best for our families and our community.


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