Bank of New Hampshire Holds 192nd Annual Meeting
04/18/2023
Laconia, NH – April 18, 2023 – Bank of New Hampshire, the oldest and one of the largest independent banks in New Hampshire, recently held its annual meeting of Corporators and reported it was one of the most productive and profitable years in their 192 year history.
Chris Logan, President and CEO, reported that through a great deal of hard work and commitment from the employees, the Bank achieved record earnings, realizing $26.6 million in net income, with total assets of $2.430 billion.
As it has since 1831, the bank remains steadfast in its commitment to mutuality and independence and over the next year, will continue to reinvest in the communities they serve by continuing office renovations, which will include a much needed update to their home office facility in downtown Laconia. This investment reaffirms the commitment to the City of their origin, helping to be a catalyst for greater economic growth in the region. The success of their customers, communities, and employees has always been their top priority, contributing to the bank’s position as a strong, stable organization. Bank of New Hampshire strives to be the bank of choice, delivering best in class service by a qualified team of professionals, combined with innovative products and services to meet the needs of today’s consumer. As Bank of New Hampshire looks forward, they will be implementing a new brand focus, introducing elements that will be more in line of who they, and their customers, are today.
The bank’s success would not be possible without the ongoing guidance and support of their Board of Directors and Corporators. During the meeting, Bank of New Hampshire introduced two new Trustees, Susannah Chance and Timothy Naro, in addition to three new Corporators, Robert Harding, Peter Laufenberg and Stephen Langan.
Susannah Chance is the Senior Vice President of Human Resources at Work Opportunities Unlimited, Inc. In this capacity, she oversees the human resource function, including legal compliance for the company’s operations in Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, Maryland and Florida. Additionally, Ms. Chance provides consulting and training services for the Leddy Group. Apart from her responsibilities at Work Opportunities Unlimited and Leddy Group, Ms. Chance is active in various professional and community associations throughout New Hampshire. She currently serves as the Chair of the NH/Health Care/Workforce Development Policy Committee, the Chair of the NH Workers’ Compensation Classification and Rating Appeals Board and as the President of the Gilmanton Iron Works Library Association.
Timothy “Tim” Naro is a former Executive Vice President/COO of Granite State Credit Union (GSCU). During his tenure at GSCU, he was affiliated with the National Credit Union Association and the NH Credit Union League, where he served as a Board Member and Board Chair. Mr. Naro has a strong passion for community service and is actively involved in several organizations. He currently serves as a Board Member for Plymouth Regional High School, Mid-State Health Center and the North Country Public Safety Foundation, formerly as Chair. In the past, he has also served as the Former Chair of the Plymouth Select Board and the Plymouth Elementary School Board, as well as the Former Board Treasurer of NH Make-A-Wish.
Robert “R.J.” Harding is the President of Bank of New Hampshire Pavilion. In 1996, his father, along with other key business partners, founded Meadowbrook Farm, which Harding went on to lead as President in 2008. Thanks to his drive and vision, an obscure field was transformed into one of New England’s most beloved outdoor music venues. Under Mr. Harding’s leadership, the Bank of NH Pavilion has been recognized with numerous nominations for the Pollstar Red Rocks Award (5), the ACM Best Music Venue Award (12) and the CMA Touring Venue of the Year Award (7). Mr. Harding is a past member of the executive board of the Lakes Region Children’s Auction. He played a significant role in The Meadowbrook Performing Arts Charitable Foundation, which provided scholarships and funding for programs that enhanced the educational and cultural well-being of the community and supported students pursuing an education in the arts. He also helped guide the Colonial Theatre Advisory Committee in researching a path to restore the 100-year-old landmark, believing it was an integral part of the revitalization of Main Street and the community.
Peter Laufenberg has been an Investment Advisor with Ivy League Advisory Group for the past eight years. Previously, he served as the Manager of Field Experience and a Business Liaison Officer at Plymouth State University. Currently, Mr. Laufenberg is a Selectman and Planning Board member for the Town of Thornton, as well as the President and Board Chair of Mid-State Health Center. He also serves on Holy Trinity Parish’s Finance Council as Committee Chair. In 2016, Mr. Laufenberg was recognized by the Union Leader as one of New Hampshire’s 40 under 40-year-olds for his outstanding community involvement and civil engagement.
Stephen Langan is a retired Head Trader for Agency Mortgage-Backed Securities and Structured Products, with over twenty-six years of experience in the financial services industry, having worked at Fidelity Investments in Merrimack. Currently, Mr. Langan is the Treasurer for the Board of Trustees at Elliot Health System in Manchester and a member of SolutionHealth’s Investment Committee. He is also Chair of the Board of Advisors for the Advanced Studies Program at St. Paul’s School in Concord and serves as an Advisory Board member of Waypoint’s Children’s Lobby. Additionally, he has served as a past Board Member of the Granite State Children’s Alliance.
“As we continue to thrive, supporting our employees, customers, and communities amidst the challenges of the economy, we are optimistic and eager for what the coming year – and every year after that – will bring to Bank of New Hampshire,” stated Chris Logan, President & CEO for Bank of New Hampshire. “We have much to look forward to.”Bank of New Hampshire, founded in 1831 provides deposit, lending and wealth management products and services to families and businesses throughout New Hampshire and southern Maine. With 21 banking offices and assets exceeding $2 billion, Bank of New Hampshire is the oldest and one of the largest independent banks in the state. Bank of New Hampshire is a mutual organization, focused on the success of the bank’s customers, communities and employees, rather than stockholders. For more information, call 1.800.832.0912 or visit www.BNH.bank.
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