Paul J. Falvey Joins Bank of New Hampshire as President and CEO
Laconia, New Hampshire - December 9, 2016 - The Board of Directors of Bank of New Hampshire is pleased to announce that after an extensive national search, Paul J. Falvey has been selected as the next President and CEO of Bank of New Hampshire.
Laconia, New Hampshire – December 9, 2016 – The Board of Directors of Bank of New Hampshire is pleased to announce that after an extensive national search, Paul J. Falvey has been selected as the next President and CEO of Bank of New Hampshire.
Mr. Falvey joins Bank of New Hampshire with 30 years of experience as a bank executive, most recently serving as President and CEO of Martha’s Vineyard Savings Bank. Mr. Falvey played a key role in the transformation of a $100 million New England based community bank into a $1.4 billion regional lender. Prior to joining Martha’s Vineyard Savings Bank, Mr. Falvey oversaw the restructuring of Massachusetts based Holbrook Cooperative Bank as President and CEO.
Bruce D. Clow, Chairman of the Board of Bank of New Hampshire stated, “We worked diligently to select a candidate who will continue to build on the success of the Bank, while maintaining our commitment to mutuality, and also take us into the future in today’s challenging banking environment. We are confident that Paul’s deep-rooted commitment to building business through long-term relationships and delivering the best customer experience in the communities served make him an ideal candidate for the position.”
Mr. Falvey will succeed Mark Primeau, who has served as President and CEO of Bank of New Hampshire since March 1, 2008. Under Mr. Primeau’s leadership, the Bank has grown from 17 banking offices to 24 and increased assets from $966 million to $1.4 billion. After his retirement, Mr. Primeau will remain as a Director of the Bank
Mr. Falvey is a graduate of Hamilton College and earned his MBA with a concentration in Finance from Rensselaer Polytechnic Institute. He along with his wife and three children will be relocating to the Lakes Region of New Hampshire in the near future. Mr. Falvey will officially join Bank of New Hampshire on February 1, 2017.
Bank of New Hampshire, founded in 1831, provides deposit, lending and wealth management products and services to families and businesses throughout New Hampshire. With 24 banking offices throughout New Hampshire and assets exceeding $1.4 billion, Bank of New Hampshire is the oldest and largest independent bank 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.BankNH.com.
Photo Caption: Bank of New Hampshire announces incoming President and CEO, Paul J. Falvey.
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1-800-832-0912 · www.BankNH.com
Tiffany BaertPublic Relations Officer