Savings Bank Of Walpole To Open New Branch In Rindge, NH

Keene, NH – Savings Bank of Walpole has announced plans to open a new branch in Rindge, NH. The bank has filed applications with the FDIC and New Hampshire Banking Department to open a branch at 31 Sonja Drive, a site formerly occupied by GFA Credit Union. This will be Savings Bank of Walpole’s seventh branch in the Monadnock Region, and second in a year following the opening of a Winchester, NH branch in late 2021.

“At a time when other banks are either closing branches or being sold to larger out of state banks, Savings Bank of Walpole continues to believe and invest in its home market,” said Mark Bodin, President of Savings Bank of Walpole. “The Monadnock Region is our home and throughout the pandemic we have consistently heard that residents and local businesses want to bank where they know their money will be reinvested in their own community. They quickly find that Savings Bank of Walpole is a bank that understands and cares about their needs and that ‘local’ really does matter.

We look forward to being more than just another bank in town; we plan to be part of the Rindge, Jaffrey and New Ipswich community.”

“Savings Bank of Walpole has a nearly 150-year history of supporting the local communities we serve and we are excited about opening a new branch in Rindge to expand our support of the Monadnock Region,” said Ben Wheeler, Senior VP of Commercial Lending and a lifelong Jaffrey resident. “I look forward to working with local businesses and families and being a great community neighbor.”    

“This will be a full-service branch, offering the same full line of services as Savings Bank of Walpole’s six existing locations in Keene, Walpole and Winchester,” reports Dominic Perkins, the Bank’s Senior Vice President of Retail Administration. “We also plan to have a Mortgage Loan Officer based in Rindge and access to wealth management and other financial services through the Bank’s sister company, NHTrust.”  

Savings Bank of Walpole plans to begin work on renovating the branch this summer with an expected opening in January 2023. Bodin added that Savings Bank of Walpole plans to add five new full-time jobs in Rindge as a result of the new branch opening.

With assets totaling $675 million, Savings Bank of Walpole offers a wide range of financial products and services for individuals, businesses and organizations. The Bank is affiliated with NH Mutual Bancorp, further enhancing the quality products and services it provides to customers. The Bank is a partner of the NHTrust¹ brand to better serve customers by providing localized trust and wealth management products and services. Savings Bank of Walpole is an equal housing lender, and member of the FDIC. For more information visit www.walpolebank.com or call (603) 352-1822.

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¹Products and services made available through NHTrust are not insured by the FDIC or any other agency of the United States and are not deposits or obligations or guaranteed by the Bank and may lose value.