Over the weekend, news broke that Silicon Valley Bank in California, with branches in Massachusetts, and Signature Bank in New York were unexpectedly shutdown by the FDIC. Fortunately, depositors at those financial institutions will have full access to their funds, even uninsured deposits. We want to reassure our customers that Merrimack County Savings Bank remains […]
Archives for 2023
The Merrimack Helps Fund Essential Repairs at Canterbury Shaker Village
Merrimack County Savings Bank (The Merrimack) supports Canterbury Shaker Village in their effort to match the funds needed to repair damages to a historic building. The $10,000 donation from The Merrimack will go towards replacing the roof of the Dwelling House to prevent further water damage to the 18th century structure. “Support from The Merrimack […]
The Merrimack Celebrates the Annual Making Community Home Gala as Lead Sponsor
The Annual Making Community Home Gala hosted by CATCH Neighborhood Housing is making a comeback to The Barn at Bull Meadow in Concord, with Merrimack County Savings Bank (The Merrimack) as the leading sponsor. The event supports CATCH’s commitment to assist those who are in need of housing through education and support resources. The Annual […]
Fraudsters Pose as Amazon Representatives in Widespread Scam
As of 2022, nearly 67% of U.S. households have Amazon Prime memberships, so it’s only natural that scammers are going to try and take advantage of customers. According to our Fraud Team, scammers posing as Amazon representatives are calling people about fake charges in their name to lure them into the scheme. In most reports […]
The Merrimack Sponsors the 12th Annual Black Ice Pond Hockey Championship
Merrimack County Savings Bank (The Merrimack) is backing Concord’s place in hockey history as a sponsor of the city’s annual 1883 Black Ice Pond Hockey Championship. The $8,000 sponsorship helps the association put on the highly anticipated event, while giving back to the Concord community. This year’s Black Ice Pond Hockey Championship was postponed to […]
Barcode Money Transfer Scam Surfaces in NH
A new scam involving money transfer services, such as MoneyGram or Western Union, is making its rounds in New Hampshire. According to our Fraud Team, a scammer will call or text claiming to be with the Federal Reserve in an effort to gain the trust of their unsuspecting victims, before laying out their scheme. Reports […]
Due to the inclement weather, all branches and drive-ups will be closing at 3:00 PM today, Tuesday, March 14th. We apologize for any inconvenience.
Due to the inclement weather, all branches and drive-ups will be closing at 3:00 PM today, Tuesday, March 14th. We apologize for any inconvenience.
Top 7 Scams of 2023
Although the New Year has just begun, the amount of fraudulent scam activity continues to be on the rise. Developing new ways to target their victims, scammers are adapting to the digital age in order to con more innocent people, even taking aged-out scams and modernizing them. Cryptocurrency-Romance Scam Scammers exploit romance seeking individuals by […]
The Merrimack Launches Mobile App Enhancement
As of February 22, 2023, users of The Merrimack mobile app will notice a slight change to the layout. The main menu has been moved from the top of your screen to the bottom. The new “thumb bar” menu will make is easier to access our most commonly used features, such as account transfers, mobile […]
Sophisticated Scams Targets Businesses & Employees
Recently, a cybercrime scam targeting businesses and defrauding companies is on the rise. According to our Fraud Team, Business Email Compromises (BEC) involve the spoofing of an email address, using a look alike email, or Email Account Compromises (EAC) to send emails from a legitimate source. The scam can range from impersonation tactics to false […]