The Walpole Savings Bank opens a new branch in Rindge as it seeks to increase its local footprint. The bank said it plans to open its seventh branch along Route 202 early next year, with work due to start on the new location this month. The bank will renovate a former GFA Federal Credit Union location at 31 Sonja Drive, using a drive-thru that already exists on the side of the building. The branch is expected to open in early 2023, according to a press release from Walpole Savings Bank.
The new branch of Meredith Village Savings Bank, at 21 Farmington Road. in Rochester is now open. “We began construction of the branch in late October and construction has progressed almost as planned, even with recent delays in some supplies and equipment,” the MVSB president said. Rick Wyman. Jolene Whitehead, branch and business development manager, will lead the team in Rochester, which also includes Julie Clement, who was recently promoted to vice president, business development and small business lender, Traynor Cully, loans officer sales representatives, and Nicole Ames, mortgage loan officer. .
The iconic Library Restaurant, the downtown Portsmouth steakhouse operating inside Rockingham House for nearly 50 years, has gone up for sale for $3.4 million. The city’s iconic company hit the market this week. The sale, which does not include the accommodation above the restaurant, includes its inventory, furniture, fittings and equipment. Joe Ledy of Duston Leddy Real Estate in Portsmouth is listing agent for the property.
Based in Maine Hammond Lumber Co.. acquired Brock Building Materials, a third generation family business in Rochester. Belgrade, Maine-based Hammond is a fourth-generation, family-owned building materials retailer established in 1953. With the acquisition, Hammond now has nearly 900 employees and 22 locations in Maine and New Hampshire, said the company in a press release. . Brock, established in 1961 by Maurice and Anne Brock, has served the coastal and lake regions of New Hampshire and southern Maine for over 60 years. Hammond offered employment to all Brock employees.
thomas thomasmortgage loan officer for Merrimack County Savings Bank, was named the 2021 Best Loan Originator among New Hampshire Banks for the third year in a row. According to data collected by the Warren Group and published in the Registry Review, Thomas ranked first 1 statewide for volume and number of loans. It also ranked first in southeastern New Hampshire for volume and number of loans. Statewide, Thomas has processed nearly 300 loans totaling approximately $78,361,000. The majority of those loans were for real estate purchases in southwestern New Hampshire, including Hillsborough, Merrimack, Rockingham and Strafford counties.
The site is the former Stratham Tire retail center in Laconia, which includes a 6,297 square foot retail building and a 5,000 square foot storage/warehouse building on 1.37 acres of land, has been sold. jerry hersch of Londonderry’s commercial division based Tinkham Realty represented the seller, The Lionel R. LaBonte Revocable Trust, and assisted the buyer, Wesley Ray Drew. The selling price, according to the Belknap Registry of Deeds, was $925,000.