New Hampshire Thrift Laconia Hires CEO

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

Processing Content

Mr. Primeau held various executive posts for the past 19 years at Eastern Bank in Boston, including president of consumer and small-business banking and chairman of Eastern Insurance Group LLC.

Laconia Savings, a unit of LSB Financial, is a state-chartered thrift with $845 million of assets.

In 2007 its earnings rose about 14%, to $4.1 million, according to Federal Deposit Insurance Corp. data.

Founded in 1831, it is one of the New Hampshire's oldest financial institutions.


For reprint and licensing requests for this article, click here.
Community banking
MORE FROM AMERICAN BANKER
Load More