Bank of New Hampshire Holds 194th Annual Meeting
04/25/2025
Laconia, New Hampshire – April 25, 2025 – Bank of New Hampshire, the oldest and one of the largest independent banks in New Hampshire, recently held its 194th Annual Meeting of Corporators, reporting on another successful year of deposit growth and financial performance.
BNH was once again ranked the top bank in New Hampshire and the fifth-rated institution across New England among mutual banks with assets up to $10 billion, as reported in the Fourth Quarter of the Bank Performance Report. The Bank reported solid financial results, achieving a Net Interest Margin of 2.62%, exceeding its Net Income Budget with $16.872MM and reporting $45MM in deposit growth. These achievements reflect BNH’s prudent management, strategic foresight and continued trust placed in the organization by its customers.
The Bank’s success is bolstered by the guidance and support of its Board of Directors and Corporators. At the meeting, BNH welcomed three new Corporators: John Scheinman, Joseph Kenney and Michael Seymour.
John Scheinman, Director of Development at Plymouth State University, brings over 30 years of experience in education and fundraising. He has led historic fundraising initiatives that have raised millions for the University and is also the co-founder of Jacob’s Bridge Through Autism. John is deeply committed to community service and higher education.
Joseph Kenney, Executive Councilor for District 1, has dedicated his career to public service. A 37-year veteran of the U.S. Marines Corps, he was honored with the “Heroes Among Us Award” by the Boston Celtics. Councilor Kenney has championed drug and alcohol prevention programs, sponsored key legislation in the New Hampshire Legislature, and is currently working to address childcare challenges by reducing waitlists and strengthening workforce capacity.
Michael Seymour, EVP – Chief Retail Banking & Marketing Officer at BNH, brings 34 years of experience in retail banking and marketing. He is a long-standing member of the Laconia community, having served as Mayor of Laconia, Chairman of the Laconia Board of Education and Chairperson of the Greater Lakes Region Children’s Auction. His leadership has been recognized with a Norman Marsh Award and the NH Business Industry Association’s 40 Under Forty award.
“While 2024 was an unpredictable year for the financial services industry, we continued to deliver strong performance across all key metrics,” stated Chris Logan, President & CEO for Bank of New Hampshire. “We thrived by staying focused – achieving an 89% employee engagement rate, a 96% customer satisfaction score across all transactions and new accounts opened last year, and contributing $781,000 to community organizations along with 3,791 employee volunteer hours supporting 220 local groups.” 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 $2.5 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 its customers, communities and employees, rather than stockholders. For more information, call 1.800.832.0912 or visit BNH.Bank.