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Claremont Savings Bank Receives Award

Eagle Times Staff
CLAREMONT, NH — Claremont Savings Bank’s Commercial Lending team recently received the “Loan Participation of the Year” award from the New Hampshire Business Finance Authority. The award was given at this year’s Granite State Awards held on Oct. 11. The bank partnered with the authority to provide financing to Montshire Packing, a meat processing facility located in North Haverhill, NH.

“I am grateful to Claremont Savings Bank and the New Hampshire Business Finance Authority for helping us purchase the PT Farm meat processing facility. Both the Bank and NHBFA were easy to work with and extremely responsive in putting together financing that made this transaction happen quickly. This enabled us to retain jobs in North Haverhill and to continue to provide a vital service to local farms,” said Mark Boyden of Montshire Packing.

“Our team takes pride in being responsive to the needs of local businesses, and while we never expect any recognition, it was an honor to be recognized by NHBFA, who was a great partner to work with on this transaction,” said Jim Lynch, the bank’s senior commercial lender.

NHBFA Executive Director James Key-Wallace shared, “We extend our deep appreciation to Claremont Savings Bank for their hard work empowering New Hampshire businesses. The Granite State Awards proudly recognizes Jim Lynch and his team’s pivotal contribution in fostering job creation and economic prosperity within our community. Their efforts were exceptional and the award is well-deserved.”

This is the third consecutive year that the organization has recognized exceptional lenders in New Hampshire.

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