John Swedberg, senior VP and senior commercial loan officer, (pictured here) will retire from MVSB (Meredith Village Savings Bank) in May after 25 years of service to the bank. Swedberg joined MVSB as a commercial loan officer in 1999 with extensive experience in commercial lending and community banking. He was promoted to VP, commercial loan officer in 2000 and to senior VP in 2014, managing the bank’s commercial lending strategy and team. Following the retirement of Bob Sargeant, Swedberg was promoted to senior staff in 2017 both as a part of the strategy team for the mutual bank and to oversee all commercial lending efforts for MVSB. “I have had the pleasure of working parallel to John for the past two decades, and his incredible impact to MVSB’s success is immeasurable,” says Marcus Weeks, MVSB President. “He has done a remarkable job supporting his employees and creating a talented, close-knit team that works hard every day to champion local businesses. John is humble, approachable, knowledgeable and his leadership style invites those around him to grow and thrive in their careers. We are all sad that John will be retiring, but it is well deserved and we wish him all the best in this next chapter.”
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Unitil Corporation has begun site work on a 4.9-megawatt solar energy project in Kingston that will be the largest of its kind operating in NH. The 11,232-panel solar project will be built on 36 acres of vacant land located off Towle Road and will be the first array owned and operated by a regulated distribution utility company in NH. Unitil has selected ReVision Energy in Brentwood as its engineering, procurement and construction contractor for the solar array.
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Franklin Savings Bank hired Shane Brewer as of VP, commercial loan officer within its commercial lending group. He will be based out of Portsmouth. Brewer most recently served as VP of commercial lending at First Seacoast Bank in Dover.
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Joseph Guyton, owner of Portsmouth-based firm The Guyton Group, has earned the designation of Five Star Wealth Manager. To earn the Five Star Wealth Manager award, wealth managers must satisfy criteria associated with providing quality services to their clients. Factors considered include assets under management and client retention rate, and candidates undergo a thorough regulatory and compliance review. This is Guyton’s sixth time winning the award.
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Southern NH Health is providing financial support to the Nashua High School Careers and Technical Education - Health Occupations program. This program, allows students to delve into the world of health care during their junior and senior years after a competitive application process. Funding for the Health Occupations program is a collaborative effort, supported by Perkins Grants, the school budget, and community support.
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Wendy's is planning to open two new restaurants in North Conway and Claremont through its Build-to-Suit program, with Wendy’s seeking a local franchisee to own and operate these two locations. Through Build-to-Suit, Wendy’s secures and builds restaurants and hands over turnkey solutions to franchisees.
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Bar Harbor Bank & Trust employees recently presented more than $21,000 in donations collected through the Bank’s employee-driven charitable giving program, Casual for a Cause, to eight nonprofit organizations serving Maine, NH, and Vermont, including PathWays of the River Valley and YMCA Camp Coniston. Bar Harbor Bank & Trust employees participating in Casual for a Cause dress casually on Fridays in exchange for a bi-weekly payroll deduction made to a pool of funds collected during each quarter. At the conclusion of each quarter, employees vote on which nonprofits will receive their contributions. The employee-driven program has distributed more than $292,000 in donations since it began in 2018.
Current Issue - May 2024