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State Coverage: New Hampshire

Northway in N.H. Reports 95% Drop in 4Q Profit

American Banker | Feb 06

Northway Financial Corp. in North Conway, N.H., said Monday that its fourth-quarter earnings fell 95% from the same period in 2010, to $67,000, after it set aside more money for potential losses and absorbed costs related to prepayment of its Federal Home Loan Bank advances.

NBT of New York to Buy A Bank in New Hampshire

American Banker | Nov 16

NBT Bancorp Inc. in Norwich, N.Y., said late Wednesday that it will acquire Hampshire First Bank in Manchester, N.H.

New Hampshire Thrift to Acquire Hometown Insurance Agency

American Banker | Oct 11

New Hampshire Thrift Bancshares Inc., the parent of Lake Sunapee Bank, is entering the insurance business.

Centrix in New Hampshire Approved for $24.5 Million from SBLF

American Banker | Jul 11

Centrix Bank intends to tap the government's billion Small Business Lending Fund to increase its commercial lending and repay what it borrowed from Tarp.

Obama to Meet 11 Community Bankers

American Banker | Dec 22

President Obama is due to meet today with 11 chief executives of community banks, following up on a meeting with the heads of larger institutions last week.

Credit Union Using Online Signatures

American Banker | Jan 06

Service Credit Union has begun using an online system from Integrated Media Management to deliver documents to members around the world and to capture ...

New Hampshire Thrift Laconia Hires CEO

American Banker | Mar 14

Laconia Savings Bank in New Hampshire has hired Mark Primeau as its president and chief executive officer.

Vermont Mutual to Buy Second Bank in N.H.

American Banker | Feb 29

Passumpsic Bancorp in St. Johnsbury, Vt., has announced a deal to buy Lancaster National Bank in New Hampshire for $12.8 million in cash.

Chittenden to Strengthen Its New Hampshire Position in Deal

American Banker | Jun 06

Just four days after closing its purchase of a bank in Maine, Chittenden Corp. in Burlington, Vt., has struck another deal.

New Hampshire Thrift Makes Second Deal in Vermont

American Banker | Apr 17

New Hampshire Thrift Bancshares Inc. in Newport plans to acquire the $83 million-asset First Community Bank of Woodstock, Vt., for $15.5 million in cash and stock.

N.E.'s Biggest Mutual Thrift Looks to Buy

American Banker | Jan 09

Eastern Bank in Boston has not been much of an acquirer in recent years, but that could change under its new chairman and chief executive, Richard E. Holbrook.

Survey

Facebook's securities filings show its Facebook Credits digital currency business is exploding. Does it pose a serious threat to banks?
Yes. Facebook Credits threatens to cut off banks from transactions and customer data.
No. A system the enables users to pay for online games and page upgrades is a harmless niche.
Maybe. It depends on whether Facebook makes an aggressive move into ecommerce.
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