News

We are pleased to announce the results of this year’s Mitten Tree Program with contributions of $3,240 to local non-profit organizations. Thanks to the generous support of the community, 1,620 winter weather accessories – including hats, mittens and scarves – were also collected and distributed to local families in need.  The Mitten Tree Program has been an MVSB community tradition for many years.  In the weeks before Christmas, each of MVSB’s 11 offices accepts and proudly displays donated handmade or purchased mittens, hats and scarves. For each item donated, MVSB provided a $2 contribution to local charitable organizations within the communities […]

As you may have heard on the news last week, Target Stores suffered a significant card data breach beginning the week of Thanksgiving that affected nearly 40 million credit and debit cardholders.  The unauthorized access is most likely to have impacted shoppers who made credit or debit card purchases in U.S. Target stores between November 27 and December 15, 2013.  Information exposed as a result of this breach includes:  customer name, credit or debit card number, and the card’s expiration date and CVV (the three-digit security code) – sufficient information for fraudsters to make unauthorized purchases or create counterfeit cards. […]

The Fund  is pleased to announce a $2,500 grant to the Inter-Lakes Day Care Center and Nursery School. These grant funds were used to purchase updated cribs that are necessary for childcare center to meet revised safety rules for infant cribs. “We are so thankful for this award from the MVSB Fund,” said Constance Pelletier, Executive Director for Inter-Lakes Day Care Center and Nursery School. “Changes in safety guidelines can’t always be planned for and can often cut into funds allocated for educational programs and trips.  We appreciate MVSB’s willingness to help our organization provide the safest environment to our […]

This time of the year is made for celebration and MVSB provides exclusive discounts at local business partners to assist you with finishishing off any last minute holiday gift giving, cooking or decorating tasks! MVSB and GenGold® can help you plan the perfect holiday surprises for the special people in your life, whether it’s memorable Christmas or spectacular New Year celebrations. With over 450 local business partners, you’re sure to get the help, excitement and expertise you’ll need to make your holidays unforgettable!  Check out these local deals:Best Party Ever Parties & Events, Plymouth – 10% discount on all services Kara’s Café, Meredith – […]

In observance of the upcoming holidays, MVSB will be closed the following dates and times:Christmas Eve, December 24 – All offices close at 1:00 pm.  The cut off time for all transactions made through Mobile Banking, Online Banking, and Phone Banking . The cut off time for deposits made through Deposit Express will be 1pm.  All transactions made after this time will not be processed until December 26th. Christmas Day, December 25 – All offices will be closed New Years Eve, December 31 – All offices close at 2:30 pm.  The cut off time for all deposits made through Deposit Express […]

We are pleased to announce the December Book of the Month Program selections! Each year, MVSB donates funds to allow local libraries to purchase and promote new books. The MVSB Book of the Month program seeks to foster the joy of reading and learning for people of all ages. Participating libraries each receive an annual $500 donation to purchase two or more books each month to be displayed on their shelves as the MVSB Books of the Month. MVSB also supplies colorful displays designed to attract library patrons to these monthly selections. December 2013 Book of the Month selections are:Laconia Public […]

MVSB recently provided critical support to the Laconia Area Community Land Trust (LACLT) to upgrade its properties by purchasing $40,000 in tax credits from the nonprofit. New Hampshire’s Community Development Finance Authority (CDFA) recently awarded LACLT $500,000 in tax credits to sell to businesses.  Proceeds from the sales will be used to upgrade 60 units of LACLT’s permanently affordable rental housing, many of which are showing significant wear and tear. “MVSB’s relationship with the Laconia Area Community Land Trust has grown naturally out of our common commitment to community development and financial education,” said Sam Laverack, President & CEO.  “We are […]

According to bankrate.com’s checking account survey, 2013 marked the 15th consecutive year of rising overdraft charges assessed to consumers at national financial institutions. We are happy to  announce that we have elected not to increase any fees for the fourth year in a row.  In fact, over the last several years we have actually lowered some fees.  In addition, we continue to offer no-strings-attached free checking accounts to people and businesses in the area. “MVSB employees live, work and volunteer in the communities the Bank serves and are acutely aware of the pressures rising household costs place on local families,” said […]

The FBI has issued an alert regarding a growing account takeover email scam targeting businesses.  To perpetrate this scam, fraudsters are intercepting unencrypted emails between businesses and their vendors or suppliers. Once intercepted, the man-in-the-middle poses as the vendor/supplier in an attempt to re-route payment for products or services. The business will receive an email from the phony “supplier” stating that the bank account information normally used is no longer valid and provides updated account information.  The unsuspecting business owner then re-directs payment to the account information provided by the fraudster. To reduce the likelihood of falling victim to theses types […]

As the holidays approach, were are looking to the community for help in keeping local residents warm this winter by participating in our annual Mitten Tree program. The Mitten Tree program begins the day after Thanksgiving and continues through December 21.  Donations of handmade or purchased mittens, gloves, hats and scarves can be dropped off at any MVSB office.  Donated items will be displayed on a holiday tree in the lobby of each branch before being distributed to members of the community who need them. Various organizations, schools and individuals help to distribute the donated items after the first of the year. […]