Primary Bank: NH Welcomes First New Bank in Seven Years

CONCORD, NH — Gallagher, Callahan & Gartrell, P.C. congratulates Primary Bank and its Organizers for forming a new bank, raising over $25 million in capital, and opening its doors for business. The Bedford, NH-based bank is the first to be created in New Hampshire in seven years, and is poised to serve the state's small businesses and consumers. 

Banking attorneys W. John Funk, Dodd Griffith and Susan Hollinger advised Primary Bank in this transaction and have extensive experience in advising financial institutions and other businesses on raising capital and complying with federal and state securities laws and all aspects of state and federal financial institution regulation.

NH Banking Commissioner Glenn Perlow signed the Certification to Transact Business on July 28, 2015, the final authorization to allow the New Hampshire state-chartered Primary Bank to begin business. Primary Bank is only the second bank chartered in the United States since 2010.

No comments: