News

We are proud to support the New Hampshire Community Loan Fund with the purchase of $10,000 in tax credits from the New Hampshire Community Development Finance Authority. The Community Loan Fund will use these funds to aid low- to moderate-income families in purchasing new and affordable energy efficient manufactured homes. “Safe, stable and affordable housing is the foundation for strong families and thriving communities,” said Katie McQuaid, Community Loan Fund SVP of Philanthropy & Community Engagement. “By helping families purchase modern, energy-efficient manufactured homes, we’re not only improving quality of life today, but also creating long-term financial security and sustainability. […]

The U.S. Mint and Federal Reserve have announced plans to end production of the penny in 2026, marking a historic shift in how Americans will handle cash transactions.  In fact, they have already begun to cut back on penny production. While this change may raise questions or concerns, it’s designed to simplify currency management and reduce costs—without disrupting how people bank, shop, or save. We understand that this change will impact our local businesses and community members and we are already seeing the impacts to our availability to access pennies through the Federal Reserve.  Because caring is at the heart of […]

We are proud to announce that the MVSB Middle School Loan Program was named a finalist in the ABA Foundation Community Commitment Awards! “The MVSB Middle School Business Program, which began in 1996, is a community-focused, financial-education initiative aimed at letting young students experience the real-world dynamics of business, finance and entrepreneurship. As part of the program, students form teams to brainstorm business ideas and develop them into comprehensive business plans. If a panel approves their plans, the teams are granted loans to kick-start their projects. Students secure and manage these loans, equipping them with practical business skills and other […]

New Beginnings – Without Violence and Abuse is set to host their annual fundraising gala “A Night of New Beginnings” at 5 pm Nov. 8 at the Belknap Mill in Laconia. Longtime supporter, MVSB, will serve as the presenting sponsor. “Everyone in our community deserves a safe environment to thrive in and we are so grateful to New Beginnings for the vital work they do to bring security and comfort to those in crisis,” said Tina Simpson, MVSB Vice President Commercial Loan Officer and New Beginnings Board Member. “This event is one of their most important fundraisers to continue those […]

We are proud to announce Gregg Tewksbury has been elected to serve on the American Bankers Association Board of Directors. The official slate of officers and directors, including Tewksbury, were appointed to the board at the ABA’s annual meeting this week in Charlotte, NC. The ABA Board of Directors offers strategic guidance to effectively advocate for America’s banks and their customers. The Board oversees the association’s priorities, including federal advocacy, risk and compliance resources, payments modernization, financial inclusion, and talent development. As a director, Tewksbury will collaborate with peers from across the country to address emerging risks and opportunities—ranging from cybersecurity […]

The New Hampshire Community Development Finance Authority recently awarded tax credits to The Home Possible Project, a Lakes Region nonprofit providing long-term supportive housing for adults with developmental disabilities. The organization is fundraising to build a new community residence in Gilford, which will feature 12 private individual apartments, a shared kitchen and dining room, family room and more. MVSB is proud to purchase $10,000 in tax credits to support their efforts. “We are grateful to MVSB for this generous donation, which brings us one step closer to building our flagship community residence for adults with developmental disabilities,” Lisa DiMartino, Board Chair, […]

We are excited to announce the winners of our annual community photo contest. Photos representing the greater Lakes Region, Mount Washington Valley and Seacoast areas were selected through an anonymous review process by a committee of MVSB employees, Corporators and Board Members. Complimentary wall and tent-style calendars will be available at all MVSB offices in mid-October. All community members are invited to stop by any MVSB branch to receive one while supplies last. MVSB offices are located in Alton, Ashland, Center Harbor, Exeter, Gilford, Laconia, Melvin Village, Meredith, Moultonborough, North Conway, Plymouth, Portsmouth, Rochester and Wolfeboro. “We received an incredible […]

We are accepting submissions for our Lights, Camera, Save! video contest. The competition, organized by the American Bankers Association Foundation, encourages teens to use video to communicate the value of sound money management and set their peers on a sound financial path. “Lights, Camera, Save! gives students an opportunity to harness their creativity, learn about using money wisely and communicate those lessons with their peers,” said Marcus Weeks, MVSB President. “A strong financial education is critical to a successful future, and we are thrilled to participate in a contest that reinforces that message.” To participate, students ages 13–18 must create […]