Member News

Franklin Savings Bank Pledges $15,000
Franklin, NH
07/08/2015 11:12 AM

Jeffery B. Savage, president & CEO of Franklin Savings Bank, announced today that the bank pledged $15,000 to Concord Hospital Trust in an effort to bring the next generation of radiation technology to Payson Center for Cancer Care in 2016.

The donation is part of a campaign to raise $2 million to purchase a new linear accelerator (or LINAC) that will improve cancer treatment by precisely targeting radiation to destroy cancer cells, while sparing normal cells and tissue.

The total cost of the LINAC is $4 million. Concord Hospital is investing half of the cost and seeking the remaining $2 million in charitable donations in a special project fundraising campaign through Concord Hospital Trust.


“As a community bank with strong ties to the communities we serve, Franklin Savings Bank is proud to be a part of this fundraising campaign to support the good work achieved at Payson Center for Cancer Care,” commented Jeffery B. Savage, President & CEO of Franklin Savings Bank. “As a technology-focused bank, we understand the importance of investing in cutting-edge technology to serve the growing needs of our customers. This is why we felt it was important to pledge our support towards the purchase of a new LINAC to enable Payson Center to continue treating the growing number of individuals seeking cancer care.”

With the LINAC, Payson Center radiation oncologists will be able to strike at cancer cells with enhanced precision, allowing them to treat more types of cancer, with shorter duration of treatment.

“We believe this new technology is essential to serve the growing number of people in our region who seek cancer care at Payson Center, and to address increasing need for our services as we serve an aging population,” said Robert P. Steigmeyer, president and CEO of Concord Hospital. “We are very grateful for the support of Franklin Savings Bank, truly a community leader in central New Hampshire. Their gift will help make Payson Center’s cancer care even more sophisticated for current patients and ensure our quality care will continue into the future for new patients from all over the state of New Hampshire,” he said.

About Payson Center for Cancer Care

Payson Center for Cancer Care opened in 2003 and has grown into a comprehensive, community-based cancer center offering patients in Central New Hampshire the highest quality diagnosis, treatment and support – all under one roof and close to home.

For more information on the LINAC, what it will mean to patients who rely on Payson Center, and how to contribute, contact: Pamela Puleo, Executive Director, Concord Hospital Trust at 603.230.6049 or

About Franklin Savings Bank

Established in 1869, Franklin Savings Bank is an independent, mutually-owned community bank, offering a full array of commercial lending, retail banking and investment services throughout the Central Lakes Region and southern New Hampshire. Headquartered in Franklin, the Bank has offices in Bristol, Boscawen, Tilton, Laconia and Gilford, as well as an office in Bedford for business lending. Franklin Savings Bank also offers investment, insurance and financial planning services through its wholly-owned subsidiary, Independence Financial Advisors, from offices in Franklin, Bedford and Rochester, New Hampshire. As a recognized leader in providing the latest in financial services technology, Franklin Savings Bank remains committed to serving the needs of businesses, families and the communities it serves, through a dedicated team of employees, a diverse line of financial products and services, and continued investment in emerging technology.

You can learn more about Franklin Savings Bank by calling 1.800.372.4445, or visiting,, or  
Dawn Beers
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