The American Bankers Association (ABA) has released a new video highlighting the ways America’s banks have stepped up to support their customers, and their communities facing unprecedented challenges during the COVID19 pandemic. The video recognizes the efforts of banking employees across the country who are serving as ‘economic first responders’ in their communities, and also […]
Archives for 2020
Matt Thomas Ranked Top Loan Originator!
Please join us in congratulating, Matt Thomas, Mortgage Originator at Merrimack County Savings Bank, for being ranked “Top Loan Originator” by the Registry Review in 2019! Each year, the Registry Review publishes data collected by The Warren Group outlining NH’s top loan originators. Matt was ranked #1 in volume of loans and #1 in number […]
IRS Raises Health Savings Account Contribution Limits for 2021
Health Savings Accounts (HSAs) let you set aside money on a pre-tax basis to pay for qualified medical expenses. By using untaxed dollars in an HSA to pay for deductibles, copayments, coinsurance, and some other expenses, you may be able to lower your overall health care costs. HSA funds generally may not be used to […]
Governor Sununu Announces Main Street Relief Fund for Small Businesses
Governor Sununu has authorized the allocation of $400 million in emergency funding from the CARES Act Coronavirus Relief Fund to provide emergency financial relief to New Hampshire small for-profit businesses due to the economic disruption caused by COVID-19. In order to be eligible, a business must have its principal place of business in New Hampshire […]
Money Flipping Schemes On the Rise
There have been reports of a rise in money flipping schemes, targeting consumers who’ve run into financial trouble due to pandemic-related unemployment. Money flipping is an attempt by scammers to lure consumers with promises of a payout. The target of the scam is required to pay a small amount up front in order to earn […]
Information for our Paycheck Protection Program Borrowers
Merrimack County Savings Bank is grateful to have been able to help support you and your business with a Payroll Protection Program (PPP) loan as offered through the CARES Act, and implemented by the Small Business Administration (SBA). Our goal is to do all that we can to assist you through the impact of the […]
Enter Our Annual Photo Contest
Sister Banks Merrimack County Savings Bank (the Merrimack), Meredith Village Savings Bank (MVSB) and Savings Bank of Walpole are launched their annual community photo contest on May 11th. Winning full color photographs will be featured on five websites: the three Banks, New Hampshire Mutual Bancorp (NHMB) and NHTrust, as well as in desktop and […]
SBA Offers Clarity for Approved PPP Borrowers Attempting to Rehire Employees
The Small Business Administration (SBA) and U.S. Treasury have developed new rulings about rehiring of employees that may help small businesses who have been approved for loans through the SBA’s Paycheck Protection Program (PPP), but are struggling to rehire furloughed or laid off employees. Launched last month, the PPP provides small businesses with funds to […]
Jenifer Williams Promoted to Vice President, Residential Mortgage Sales
Jenifer (“Jeni”) Williams has been promoted to Vice President, Residential Mortgage Sales at Merrimack County Savings Bank (the Merrimack). In this role, she will lead mortgage lending efforts and create strategic plans to improve loan operations for the Bank. She was previously the Merrimack’s Mortgage Loan Originator for Southern NH based in the Hooksett office […]
Rise in SIM Card Swapping Scams
Beware of an increase in Subscriber Identity Module (SIM) card swapping. A SIM card swap happens when a hacker pretends to be you and convinces your mobile device carrier to switch your phone number over to a SIM card that they own. A SIM card is the tiny memory chip inside a mobile device that […]