Member News

Local Non-Profit Organizations Receive $21,000 from FSB
Franklin, NH
03/28/2016 10:00 AM

Ron Magoon, President & COO of Franklin Savings Bank, announced today the bank awarded $21,000 in grants to seven community organizations through the FSB Fund for Community Advancement. This represents the 37th grant period for the Fund, which has awarded 175 awards in excess of $855,000 since its inception in 1997.

“Our strong ties to the communities we serve has earned us a reputation for being an active corporate citizen,” commented Ron Magoon.“As an independent, mutually-owned community bank with deep roots in the towns and cities we are proud to serve, we take the time to learn more about the needs of civic organizations and how we can become a vested partner in the culmination of their projects.”

Seven local organizations received grants, including The Friends Program, $2,000; Granite United Way, $2,500; Laconia Area Community Land Trust, $5,000; Merrimack County Conservation District, $2,000; New Beginnings, $2,500; Newfound Pathways, $3,000; and Voices Against Violence, $4,000.

The FSB Fund for Community Advancement was established to provide support for projects that will enhance the lives of people in the communities Franklin Savings Bank serves. Eligible organizations are those recognized as 501(c)3 tax exempt under the Internal Revenue Code. The Fund supports a broad range of community activities, such as economic development, affordable housing, education, health care, arts and humanities, human services, and programs or services that address the needs of children, adolescents, and single parent families. The deadline to be considered for the next round of grant funding is July 1, 2016. For more information about the FSB Fund for Community Advancement as well as how to apply, please visit, then select “I Want to Learn More About FSB” – “In the Community.”

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, Rochester, and Nashua New Hampshire. As a recognized leader in providing the latest in financial services technology, Franklin Savings Bank remains committed to serving the needs of small 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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