November 22, 2011 – Portsmouth, NH – Piscataqua Savings Bank is pleased to announce that David H. Bryan has joined the staff as Treasurer and Financial Officer. Mr. Bryan brings strong skills of funds management practices and asset liability management to the Bank as a result of his 22-year career in finance. His previous roles include Controller for New Hampshire Federal Credit Union, Compliance & Risk Management Officer for Charter Trust Company, and Bank & Trust Examiner for the New Hampshire Banking Department, all based in Concord, NH.
He noted that current trends are leading to a large influx of deposits which requires a focus on strategic planning in the years ahead, and that part of his new responsibilities with Piscataqua Savings will be looking at ways to deploy those funds while balancing solid risk management practices.
David Bryan began his career as a Bank Examiner during the financial upheaval of 1989 when five of the big banks in the State closed, then dubbed as ‘Nightmare on Elm Street.’ Through those years he worked with State Chartered Banks including Piscataqua Savings Bank so he was familiar with its commitment to the community and to sound banking practices when seeking the position.
Mr. Bryan, who has recently moved to Portsmouth, said, “The timing is great on a personal level. I’m enthusiastic to be able to share the Bank’s upcoming 135th anniversary as a real pillar in this community. I’m just happy to be part of it.” He has three sons, has volunteered for the NH Master Gardener Association at the UNH Cooperative Extension, has volunteered as coach and mentor for the Special Olympics, and served as a coach and official for the Concord Recreation Department.
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.
Jay S. Gibson, President/CEO