In the News - Piscataqua Savings Bank
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Answers to your concerns, from our President/CEO.

December 31, 2009 To our valued Piscataqua Savings Bank customers, With the ongoing turmoil in the nation’s financial markets I felt it important to provide you with some information to answer questions you may have about the financial condition of Piscataqua Savings Bank. What type of loans does the Bank have in its loan portfolio?…

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ANNUAL REPORT 2009

This past year epitomized the significant importance of a bank like Piscataqua Savings to its community. Few times in history has the public been as angry at the “big banks.” Most consumers may not understand the specifics of what happened to cause the financial crisis, but they have become much more aware that local banks operate…

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NH Bankers Association Names Jay S. Gibson as New Chairman

November 3, 2009 – Portsmouth, NH – The New Hampshire Bankers Association, a statewide, not-for-profit trade association representing and serving all of the banking institutions in the State of NH, has named Piscataqua Savings Bank President, Jay S. Gibson as the new Chairman of the Board. Prior to accepting the role of Chair, Mr. Gibson had…

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Ken Clark Named Chairman of the Board of Trustees at Piscataqua Savings Bank

April 16, 2009 – Portsmouth, NH –Piscataqua Savings Bank is pleased to announce Ken Clark as Chairman of the Board of Trustees. Clark, retired Major General with the New Hampshire National Guard succeeds recent Chair Fred Pettigrew, who had served on the Board since 1992. Ken Clark began his involvement with Piscataqua Savings Bank as…

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ANNUAL REPORT 2008

The year 2008 presented a challenging environment including nothing less than a recessionary economy, dysfunctional credit markets, a collapse in consumer confidence, and major losses throughout the investment markets. In the midst of these conditions Piscataqua Savings Bank remained strong. The Bank benefited from its independent mutual form of ownership and its focus on serving local…

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4th Annual Spirit of Giving Campaign Launched at Piscataqua Savings Bank

November 13, 2008- Portsmouth, NH – Piscataqua Savings Bank in downtown Portsmouth has officially launched its annual “Spirit of Giving” campaign. For the fourth consecutive year the bank has provided drop boxes to collect donations for two important community service organizations: Families First Health and Support Center, and the Seacoast Family Food Pantry. According to Diane…

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Our Bank Sign is a Work of Local Art

After a hundred and thirty-one years in business, the Piscataqua Savings Bank has hoisted new signage on the face of our Pleasant Street building in downtown Portsmouth. But, true to our firm commitment to historic preservation and to maintaining the charm of downtown, this was a process undertaken with a great deal of thought and care….

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Movers & Shakers at Piscataqua Savings Bank

July 29, 2008 – Portsmouth, NH – Jay Gibson, President and CEO of Piscataqua Savings Bank has announced two promotions to the staff there. Kathy Donovan, CTFA, who began at the bank’s Trust & Investment Department in 2002 as a Trust Officer and was promoted to Assistant Vice President after receiving her diploma as a Certified Trust…

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ANNUAL REPORT 2007

A look back at 2007 reflects well on the many strengths of Piscataqua Savings Bank. I have outlined several of the Bank’s most significant results. I do hope you will take the opportunity to read each of our senior officer’s summary for the results within their area of the Bank. Earnings improved Net interest income and…

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Annual Report: Weathering the Economic Climate of 2007

New Hampshire Bank Commissioner, Peter C. Hildreth, addresses Piscataqua Savings Bank Board of Trustees and Corporators at recent Annual Meeting. Peter C. Hildreth, Bank Commissioner, for the State of New Hampshire recently addressed our Board of Trustees and Corporators during Piscataqua Savings Bank’s Annual Meeting. This past year has initiated an aura of pessimism and fear….

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