History

Established in 1867, Merrimack County Savings Bank (The Merrimack) was founded to provide the people of Greater Concord with a means of earning interest on their savings and a source from which they could borrow funds for a home. As times change, The Merrimack continues to grow to meet demands, but one thing remains the same – our commitment to our customers and community.

On July 2, 1867, Governor Walter Harriman made it official, approving the charter of Merrimack County Savings Bank which opened for business on the north side of School Street. The bank was there for 20 years before moving to the Board of Trade Building at the corner of School and Main Streets, where we shared a lobby with Mechanics National Bank. In 1952, The Merrimack moved into the remodeled Columbian block until the bank outgrew the space and repurchased the Board of Trade Building. Today our main office occupies both buildings.

Highlights

1867

• New Hampshire governor Walter Harriman approves the charter for Merrimack County Savings Bank.

1870

• The Merrimack receives its first deposit by Isaac A. Hill, Jr. During that same year, G.S. Remick takes out the first residential mortgage loan to purchase a house on Spring Street in Concord.

1899

• Merrimack County Savings Bank and Mechanicks National Bank moves to the Board of Trade Building at the northwest corner of School and Main Streets in Concord, NH, sharing a lobby on the first floor.

1924

• The Merrimack holds its first meeting of the trustees. Deposits reach $1 million.

1959

• The Merrimack outgrows its space and moves to the remodeled Columbian block immediately to the north of the Board of Trade Building. (Eventually, the bank repurchased the Board of Trade Building, and today’s main office occupies both buildings.)

1997

• The Merrimack County Savings Bank Foundation is created with an endowment of $1,000,000.

2001

• Internet banking becomes a new banking channel for The Merrimack.

2006

• Merrimack Bancorp, a shared services organization, is formed, with Merrimack County Savings Bank as its wholly‑owned affiliate.

2007

• Merrimack Bancorp acquires Bow Mills Bank and Trust, which is merged with and into Merrimack County Savings Bank. Bow Mills Bank was a 19 year-old local institution with strong community ties and commitment to customer service– a perfect match for The Merrimack.

2013

• Partnered with Meredith Village Savings Bank under newly created shared services company New Hampshire Mutual Bancorp (NHMB)

2015

• NHTrust joins The Merrimack and MVSB as a third subsidiary of NHMB
• NHMB is Business NH Magazine’s Business of the Year for the Financial Services category

2016

• Complete renovation of first floor of the Main Office
• Recognized by Granite United Way for employee and organization donations

2017

• Celebrated 150th anniversary
• Hooksett branch opens on Londonderry Turnpike
• Greater Concord Chamber of Commerce Pinnacle Award for Business of the Year
• Bank of the Year from the Capital Regional Development Council

2018

• Savings Bank of Walpole (SBW) joins NHMB
• Presented Housing Hero Award from CATCH Neighborhood Housing
• Named Small Business of the Year by the Hooksett Kiwanis
• Linda Lorden appointed President

2019

• Best Bank for the tenth consecutive time by the Concord Monitor CAPPIES
• Customers can bank at any MVSB or SBW branch office

2020

• NHTrust, SBW Wealth Management & The New Hampshire Trust Company merge to become NHTrust

2021

• Linda Lorden wins Citizen of the Year
• Voted Best Bank by Union Leader Readers’ Choice Awards

2022

• Hooksett Office turns 5
• Best Bank for the 13th consecutive time by the Concord Monitor CAPPIES
• Voted Best Bank of the 603 by listeners of Manchester Radio Group

2023

• Nashua Branch turns 20
• 8th location in Windham opens
• CAPPIE Award for Best Bank for the 14th consecutive year
• Best of the 603 Award for Best Bank for the 2nd year in a row

2024

• 9th location in Henniker opens
• CAPPIE Award for Best Bank for the 15th consecutive year

Presidents

Branch Offices