Since our inception in 1869, Meredith Village Savings Bank has provided a safe, convenient place to save your money and help you achieve your financial and personal goals.
Throughout our long history we have built our reputation on trust, expertise, and providing the highest levels of customer service.
In the following years, we grew in size and expanded our range of financial products and services to meet the changing needs of our customers and the communities we serve. What began as a one-room operation in downtown Meredith has become a successful mutual savings bank with 13 offices in 10 communities throughout the Lakes Region and the Plymouth area. What’s our secret to success? The answer to this question, like so many others, lies in the past.
Despite our continued readiness to grow and change with the times, we have always remained true to our roots as a community bank. We started as an independent mutual savings bank and are now part of NH Mutual Bancorp, a mutual holding company. Because we are part of a mutual holding company, we have no stockholders and our profits (beyond operational costs) belong to you, our depositors. Our goal is to protect your deposits, make limited, low-risk investments that will generate interest for our customers, and invest in our local communities through lending opportunities, community giving and volunteerism.
A few highlights in our development over the years:
1869 MVSB is founded to meet the saving needs of the local community. Seneca A. Ladd is named Treasurer (equivalent to today’s President and CEO).
1888 D. Emery Eaton assumes the presidency.
1923 Construction of the Bank’s new building begins on July 11.
- Construction of the Bank’s new building is completed.
- The first meeting of the trustees is held here on September 3.
- Deposits reach the $1 million mark.
1926 Controlling interest is acquired in the Ashland Savings Bank. The new facility is added to the services of MVSB.
1928 Earle A. Welch assumes the presidency.
1929- 1939 During the Great Depression, the Bank continues to operate with “banking as usual.”
1941 Two wings are added to the Bank’s Meredith office, more than doubling the available space. This building was later sold to the town of Meredith and now houses the municipal offices of the town.
1958 The Bank builds and moves to another building to satisfy its growing needs for more space. This building continues to house the Main Office to this day.
1966 C.H. “Larry” Thorne assumes the presidency.
1969 The Bank celebrates its 100th anniversary.
1978 The Bank adds an office just over the Moultonborough town line. This building now houses our Center Harbor office.
1982 James D. Sutherland assumes the presidency.
1990 The Bank adds a new office in Olde Province Common on Route 104 in Meredith.
- A 24-hour Customer Service line (Bank by Phone) is introduced.
- The Bank adds a new office at Moultonborough Corner.
1996 John F. Starrett assumes the presidency.
- The MVSB Fund is established to support local community initiatives and nonprofits.
- The Bank’s Main Office undergoes extensive renovation, adding 4,700 square feet of additional office and function space.
- Henry G. “Bill” Beyer assumes the presidency.
- The Bank introduces its first MasterMoney ATM/Debit card.
- The Bank adds a new office in Gilford.
- MVSB’s first website is designed and introduced to the public.
- The Bank adds a new office inside of Shop’n Save supermarket (now Hannaford) in Plymouth’s Hatch Plaza. As an added customer convenience, the office is open seven days a week.
- Online banking is introduced. Customers with access to the internet can access their accounts and perform a variety of routine functions.
- MVSB joins with two other NH community banks to purchase Charter Trust Company and Charter New England Agency, which provides clients with an impressive range of investment services and tools.
2004 MVSB introduces five core values: Respect, Integrity, Teamwork, Excellence, and Stewardship.
2005 The Bank adds a new office on Main Street in Plymouth and another in downtown Laconia.
2006 The Bank adds a new office in the Hannaford Plaza in Alton.
2008 MVSB adds a new, “green” office in Wolfeboro – with geothermal heating, sustainable building materials and other environmentally-friendly features.
- Sam Laverack assumes the presidency.
- The Bank celebrates its 140th anniversary with a series of celebrations at each of its 11 offices.
2013 An alliance between Meredith Village Savings Bank and Merrimack County Savings Bank is finalized along with the formation of New Hampshire Mutual Bancorp creating one of the most significant milestones in the history of MVSB and building for the future from a position of strength.
- MillRiver Wealth Management joins as a third subsidiary of New Hampshire Mutual Bancorp on April 1st. MillRiver combines the financial advisory divisions of The Merrimack and MVSB.
- A Mortgage, Personal, and Business Lending Office opens in Hampton Falls.
- New Hampshire Mutual Bancorp and its subsidiaries are chosen as Business NH Magazine’s 2015 Business of the Year for the Financial Services category.
2017 The Bank adds a new office in Portsmouth.