There are many reasons why you might choose a mutual savings bank over a stock bank. Stock-held banks outnumber mutual savings banks, and by and large are what most people imagine when they think of a bank, but mutual savings banks provide many of the same services with a customer-centric ethos. The Difference Between Stock-Held…
The process of becoming a B Corp involves lengthy documentation, anonymous employee feedback, and a 200 question certification process with all data verified by the B Lab, a non-profit organization which created, and awards, the B corporation certification for for-profit organizations. If you’re not familiar with the moniker, think of it like a Fair Trade…
June 2020—Portsmouth, NH – Piscataqua Savings Bank recently held its Annual Meeting of the Corporation via Zoom. Thirty-four Corporators, members of the Board of Trustees, and four senior officers were in attendance. Two new corporators were elected for their upcoming fiscal year, they are Amy Ferris, owner of Life Simple Solutions and Curtis Springer, who is retired…
Be The Change ANNUAL MEETING OF THE CORPORATION President’s Message Rick Wallis, President/CEO It’s been quite the year since the vote to become a certified B Corporation in May of 2019. We have seen many of the benefits of becoming a B Corporation come to fruition. I’ve had opportunities to speak with several potential new…
NEW HAMPSHIRE HOUSING RELIEF PROGRAM Overview The Governor has authorized the allocation and expenditure of $35 million from the CARES Act Coronavirus Relief Fund (“flex funds”) to support families or individuals in need of housing assistance as a result of COVID-19. Of the allocated $35 million, $20 million will be initially expended, with $15 million…
May 28, 2020—Portsmouth, NH – By Paul Briand – seacoastonline.com How people manage their money in the post-pandemic economy depends as much on people’s psyches as it does on the COVID-19 contagion itself, according to a local banker, insurer, accountant and money manager. Even if the spread of the virus is contained, each of these…
September 2019—Portsmouth, NH – Piscataqua Savings Bank, located at 15 Pleasant Street, received the Best For The World 2019 Honoree in the “Workers” category from the B Corporations’ annual Impact Assessment. The award recognizes that the bank places in the top 10 percent of all B Corporations worldwide in this category. Certified B Corporations are…
Seacoastonline.com / Posted Aug 20, 2019 at 2:54 PM To the Editor: We wish to thank Piscataqua Savings Bank’s recent contribution of $1,000. At Connections Peer Support Center, we serve those living in the Seacoast region, with programming at our Portsmouth location at 544 Islington St., community outreach, and through our peer-run 5 to 10…
June 26, 2019—Portsmouth, NH – Piscataqua Savings Bank, located at 15 Pleasant Street, will hold their Grand Re-Opening on Wednesday, June 26 beginning at 10 am. The Bank is inviting customers and the community to attend the event, which will begin with a ribbon-cutting ceremony performed by Mayor Jack Blalock. Afterward, tours of the newly…
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