Member News

Franklin Savings Bank honored 16 community organizations for their contributions to improving the lives of individuals throughout the Central New Hampshire Region at the 4th Annual Fund for Community Advancement Event held October 11, 2016 at the Lochmere Country Club in Tilton. The event is held each year to recognize non-profits who were recipients of a grant from the Franklin Savings Bank Fund for Community Advancement. This year’s honorees were Granite United Way, Merrimack County Conservation District, The Franklin Studio, Laconia Area Bicycle Exchange, Easter Seals NH, Newfound Pathways, Voices Against Violence, Franklin Visiting Nurse Association & Hospice, New Beginnings, Belknap-Merrimack Community Action Program, Laconia Area Community Land Trust, NH Audubon, Friends Program, Belknap House, Greater Tilton Area Family Resource Center, and Unitarian Universalist Congregation Church of Franklin.

“This event is one I look forward to each year as I thoroughly enjoy learning about all of the projects we were able to support through our Fund for Community Advancement,” said Jeffery B. Savage, Franklin Savings Bank CEO. “I applaud the efforts of these organizations because they truly do make a difference in the lives of children, individuals and families in the communities we serve.”

During the event, the Richard W. DuBois Community Impact Award is presented to an organization that made a significant impact in Franklin and/or surrounding communities. The Unitarian Universalist Congregation of Franklin was presented with the award to assist them with having much-needed energy efficiency repairs performed to the furnace at their meetinghouse. This organization hosts free meals weekly to individuals as well as provides other critical community services at the meetinghouse. The furnace became unusable last winter, so the group had to close the meetinghouse until they could obtain funding to upgrade the system.

In addition, Franklin Savings Bank recently completed its 38^th round of grant funding through the FSB Fund for Community Advancement. Nine grants totaling $22,000 were awarded to the following organizations: The Franklin Studio, $1,500; Laconia Area Bicycle Exchange, $1,000; Easter Seals NH, $3,000; Franklin Visiting Nurse Association & Hospice, $1,000; Belknap-Merrimack Community Action Program, $2,500; NH Audubon, $3,000; Belknap House, $2,500; Greater Tilton Area Family Resource Center, $5,000; and Unitarian Universalist Congregation of Franklin, $2,500.

The FSB Fund for Community Advancement was established in 1997 to provide support for projects that will enhance the lives of people in the communities Franklin Savings Bank serves. To date, the fund has awarded 184 grants totaling $877,500. Eligible organizations are those recognized as 501(c)3 tax exempt under the Internal Revenue Code. The Fund supports a broad range of community initiatives, to include 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 next application deadline is Monday, January 2, 2017. For more information on the FSB Fund for Community Advancement and how to apply, visit www.fsbnh.bank, then select “Community” – “FSB Fund for Community Advancement.”

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, Nashua 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 the latest technology.

You can learn more about Franklin Savings Bank by calling 1.800.372.4445, or visiting www.fsbnh.bank, www.facebook.com/franklinsavingsbank, or www.linkedin.com/company/franklin-savings-bank.

Photo pictured l-r: Ron Magoon, President & COO, Franklin Savings Bank; Meg Miller, Fund for Community Advancement Chair; Richard W. DuBois, former FSB President & CEO; Reverend Emily Burr, Consulting Minister, & Colleen Jacques, congregation member, both with Unitarian Universalist Congregation of Franklin; and Jeff Savage, CEO of Franklin Savings Bank.