Commercial Banks
Company Overview of Lake Sunapee Bank, FSB
Company Overview
9 Main Street
PO Box 29
Newport, NH 03773
United States
Founded in 1868
Key Executives for Lake Sunapee Bank, FSB
Lake Sunapee Bank, FSB Key Developments
Lake Sunapee Bank, FSB Presents at ABA Real Estate Lending Conference, Apr-11-2013 10:30 AM. Venue: Hyatt Regency New Orleans, New Orleans, Louisiana, United States. Speakers: Sharon Whitaker, First Senior Vice President & Chief Retail Credit Officer.
New Hampshire Thrift Bancshares Inc. and Central Financial Corporation jointly announced that they have entered into a definitive agreement through which New Hampshire Thrift Bancshares will acquire Central Financial Corporation and its subsidiary, The Randolph National Bank. Following the merger, Steven H. Dimick will be appointed to the Board of Directors of New Hampshire Thrift Bancshares and Lake Sunapee Bank. The definitive merger agreement has been approved by the Boards of Directors of both companies and the transaction is expected to close in the fourth quarter of 2013, subject to customary closing conditions, including the receipt of regulatory approval and the approval of Central Financial Corporation's shareholders.
New Hampshire Thrift Bancshares Inc. announced that it completed its acquisition of The Nashua Bank, expanding the company's presence in southern New Hampshire. Shareholders of The Nashua Bank approved the acquisition, and Lake Sunapee Bank, FSB and The Nashua Bank received the required regulatory approvals in early December. The Nashua Bank will operate under the name "The Nashua Bank, a division of Lake Sunapee Bank, fsb." Following the merger, G. Frank Teas, currently the President and Chief Executive Officer of The Nashua Bank, will be employed as Senior Vice President of Lake Sunapee Bank, FSB. Messrs. Stephen J. Frasca and John P. Stabile, II have been appointed to the Boards of Directors of the company to serve until at least the third anniversary of the merger.
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