News

Kim Elfstrom was recently promoted to Vice President, Commercial Loan Administration for MVSB. In this position, Elfstrom will continue to manage the Commercial Loan Processing Department and work with Senior Management to ensure compliance with Bank loan policies, procedures and regulatory requirements. She is also responsible for various reporting needs for Finance, Senior Management and the Board of Directors. “Kim immediately became a valued member of the Commercial Lending department,” said Bob Sargeant, Executive Vice President and Senior Commercial Lending Officer at MVSB. “She has great mastery of the details behind commercial loan operations, and continues to shine as a […]

We have received reports of rising incidents of iScam, a new form of Ransomware impacting Apple iPads and iPhones. With iScam, impacted devices are “held hostage” or “locked” until the ransom is paid. Victims of iScam receive a fraudulent pop-up message on their screen when they open the Safari browser on their device. The pop-up warns that the device has been locked by a third party and instructs the user to call a toll-free number to unlock the device.  Upon calling the number, the victim is asked to supply sensitive financial information including their credit or debit card number.  The […]

We make the security of our customer’s personal and financial information a top priority at Meredith Village Savings Bank. As keystroke loggers, virus attacks and phishing scams become increasingly prevalent, your vigilance and cooperation is also imperative in ensuring a secure Online and Mobile Banking environment. Some of the most harmful malware attacks and scams can happen right on your own computer or mobile device. Failing to implement proper protection on your devices can leave you vulnerable to sophisticated attacks, where fraudsters are able to view the confidential information and passwords you are entering online and then use this information […]

We have received recent reports of a rise in “Government Grant” scams on Facebook where consumers are being tricked into sending money to new or current friends of Facebook in order to collect a large government grant. The scam begins when a Facebook user receives a new friend request along with a message, or a message from a current friend whose Facebook account has been compromised. The message informs the user that they are entitled to free grant money from the government. Often, the message will list other Facebook users who have successfully received money, to help convince the consumer […]

Time Warner Cable (TWC) recently announced that up to 320,000 of their customer email addresses and passwords may have been compromised. TWC believes the information was likely gathered through malware downloaded during phishing attacks or indirectly through data breaches of other companies that store TWC’s customer information. As a precaution, Time Warner Cable email account users are being advised to change their email passwords as soon as possible. If you use the same email address and password combination for other online accounts, you should change your password for those accounts as well. As Time Warner Cable learns more about the […]

Jason Hicks has assumed the role of Chief Financial Officer of New Hampshire Mutual Bancorp (NHMB), effective January 1, 2016. He succeeds Richard Wyman, who is now President of Meredith Village Savings Bank (MVSB). Hicks is responsible for the development of financial policies, strategic plans, business goals, asset and liability management, current and contingent liquidity management and investment strategies for the holding company and its subsidiaries: MVSB, Merrimack County Savings Bank (The Merrimack) and MillRiver Wealth Management. He also leads the management of the investment portfolios and treasury functions for the Banks and oversees the financial, tax and regulatory reporting […]

Richard E. Wyman has assumed the role of President of Meredith Village Savings Bank (MVSB) effective January 1, 2016. He succeeds Samuel Laverack, who is now sole President and CEO of New Hampshire Mutual Bancorp (NHMB), the holding company that formed in 2013 from the affiliation of MVSB and Merrimack County Savings Bank (The Merrimack). He was named Executive Vice President of NHMB upon its formation and will also continue in that role. Mr. Wyman has over 30 years of experience in senior leadership and has served as an Executive Officer and CFO for several Maine-based banks, ranging from local […]

We have received reports of area consumers and businesses receiving fraudulent phone calls from scammers claiming to be employees of Intuit and Microsoft. Upon answering the call, the scammer informs the victim that he/she is owed a refund for discontinued services and, in order to process the refund, the scammer needs to remotely access the computer. Once connected, the scammer asks the customer for access to his/her online banking. After the online banking credentials are provided, the scammer transfers funds between the victim’s accounts. Once the funds have been moved, the scammer claims that an error occurred and that too much money was deposited. The scammer then ask the victim for his/her […]

HOMEteam, a homeownership education and counseling services collaborative amongst NeighborWorks® Southern New Hampshire, CATCH Neighborhood Housing and Laconia Area Community Land Trust, has announced the availability of a free home buyer seminar in Laconia on Saturday, February 6. HOMEteam’s home buyer seminars are designed to help prospective home buyers learn and understand the responsibilities associated with purchasing a home and homeownership. Topics covered during the seminar include:How and where to start in the complicated home buying process. Major steps to buying a home. Are you ready to purchase a home? How to establish a budget and improve your credit. How […]

The MVSB Fund at the New Hampshire Charitable Foundation has awarded $113,400 to area nonprofits. The Charitable Fund contributions include 25 grants, totaling $99,400, to assist agencies with their individual needs. The remaining $14,000 will be disbursed to area food pantries.  These grants are in addition to the Bank’s many local contributions in the form of sponsorships, donations and scholarships, as well as the extraordinary volunteer efforts of its employees. “Community support has always been a central part of our mission,” said Rick Wyman, President of Meredith Village Savings Bank and Charitable Fund Trustee,  “and we’re very proud to be […]