Piscataqua Savings Bank Holds Annual Meeting

Piscataqua Savings Bank recently held its Annual Meeting of the Corporation at the Sheraton Portsmouth Harborside Hotel, according to a press statement.

In attendance were members of the Corporation, the Board of Trustees, and Bank officers. Chairman of the Board Kenneth R. Clark presided over the meeting and welcomed all in attendance.

Clark welcomed the newly appointed Corporators from last year’s meeting who were in attendance which included Jennifer Gray, Charles Lassen, Robert Lister, Steve Marchand, Peter Neuffer, and Nancy Notis. President and CEO Richard M. Wallis called the business session of the Annual Meeting to order.

Wallis listed the names of the Slate of Corporators to be appointed which included Timothy J. Durkin, Richard D. Jenkinson, Terri L. Golter Lamontagne, Evan T. Mullen, Michael J. Murphy, and Alan M. Robinson.

Wallis then announced the re-election of current Trustees: Joseph J. Almeida, Michael J. Asselin, Kenneth R. Clark, Jay S. Gibson, Elisabeth Robinson, Barbara Shea-Smucker, and Wallis. Joining the Slate of Trustees this year is Christopher H. Brown.

Piscataqua Savings Bank celebrates the 25th anniversary of its Kids’ Bank and the 20th anniversary of their Trust Department. Wallis noted the milestone Kids’ Bank anniversary, and said, “In celebration of the anniversary, the Bank is hosting events throughout the spring and summer months, including our recent participation in Pro Portsmouth’s Children’s Day. Our Kids’ Bank is a fun and interactive way to teach children important fiscal lessons that will last a lifetime, and we’re really proud to be celebrating our 25th year.”

Wallis spoke about the Bank’s strong support of the community and shared a presentation listing a number of non-profit organizations that the Bank supported in 2014. He noted that the Bank financially supported 99 nonprofit organizations. The types of organizations supported ranged from PTOs and youth sports teams to major capital campaigns.

Drawing the meeting to a close, Wallis thanked the Corporators for their interest and support. Piscataqua Savings Bank is among the highest capitalized banks in the state. The only mutual bank based in Portsmouth today, Piscataqua Savings Bank is dedicated to serving local individuals and families and has been a cornerstone of the Portsmouth community since 1877.

Information is available at piscataqua.com.