New Chair, Officers Elected At NH Bankers Association Annual Meeting

Press release from NH Bankers:

June 22, 2022

The New Hampshire Bankers Association (NH Bankers) elected Officers and Directors for the coming fiscal year during its Annual Meeting held on June 17, 2022. The meeting was well attended, with over 100 members of the New Hampshire Banking industry featuring Governor Sununu as the keynote speaker.

Kristy Merrill, President of NH Bankers said, “I am deeply grateful to our Chair, Reggie Greene, and our board for their support and leadership during the past year. With their steady guidance we were able to effectively advocate to help defeat the proposal for bankers to report to the IRS on customers with transactions over $10,000 and the proposal of a State Bank to hold cannabis proceeds from the State. Working closely with our board, we also hosted our first industry-wide Month of Service and continue to serve as a key resource for all our bank members on issues ranging from regulatory developments to helping attract talent to the industry.”

NH Bankers members voted to extend the board size from 8 to 10 directors and elect Ron Magoon, President/CEO, Franklin Savings Bank, as Chair of the Board for the coming year. Mr. Magoon, who previously served as Vice-Chair, is succeeding Reggie Greene, President & CEO, Claremont Savings Bank. NH Bankers welcomes Joan Gile, President & CEO, Piscataqua Savings Bank, and G. Frank Teas, President & CEO, Millyard Bank to their first 2-year terms.

Chair: Ron Magoon, President & CEO, Franklin Savings Bank

Vice Chair: Linda Lorden, President, Merrimack County Savings Bank

Treasurer: Jack Clancy, CEO, Enterprise Bank

Secretary: Jim Brannen, President & CEO, First Seacoast Bank

Directors: Gary Barr, Market President, TD Bank

Joan Gile, President & CEO, Piscataqua Savings Bank

Reggie Greene, President & CEO, Claremont Savings Bank

Chris Logan, President & CEO, Bank of New Hampshire

Ken Sheldon, President, Bank of America

G. Frank Teas, President & CEO, Millyard Bank

Governor Sununu spoke about the State’s successes and our strong position moving into a period of rising interest rates, supply and labor challenges. He updated bankers on what to expect about cryptocurrency and the State’s efforts to address the housing shortage. Attendees also heard from several speakers including Rob Dapice, CEO of New Hampshire Housing, who provided a State of Housing update and an Economic presentation by Jeffrey Thompson from the Federal Reserve Bank of Boston.

This press release was produced by NH Bankers. The views expressed here are the author's own.