The Registry Review Ranks Franklin Savings Bank #1 Lender in Commercial Mortgages
June 13, 2017
Ronald Magoon, President & CEO of Franklin Savings Bank, announced today that the bank outperformed other peer banks last year in commercial mortgages as published in the May 2017 edition of The Registry Review. Overall, the bank ranked #1 in commercial mortgages by volume totaling $12,669,950 and #4 in number of loans with 22. The data was provided by The Warren Group, publisher of the Registry Review, a trusted and reliable source in New England for real estate property data.
“This recognition would not be possible without the outstanding efforts of our commercial lending team,” commented Ron Magoon, President & CEO. “We are fortunate to have a talented team of lenders with decades of collective experience in assisting business owners with finding the appropriate financing to meet their needs.”
The data included in the report represents all purchase and non-purchase loans originated by banks, credit unions and mortgage companies located in New Hampshire during 2016. The report ranks top 10 lenders by volume and number of loans in the following categories: single-family, condo and commercial purchases and residential refinance.
Established in 1869, Franklin Savings Bank is an independent, mutually-owned community bank, offering a full array of commercial lending, personal banking and investment services throughout the Central Lakes Region and southern New Hampshire. Headquartered in Franklin, the Bank has offices in Bristol, Boscawen, Tilton, Laconia and Gilford, as well as an office in Bedford for business lending. Franklin Savings Bank also offers investment, insurance and financial planning services through its wholly-owned subsidiary, Independence Financial Advisors, from offices in Franklin, Bedford, Nashua and Rochester, New Hampshire. As a recognized leader in providing the latest in financial services technology, Franklin Savings Bank remains committed to serving the needs of businesses, families and the communities it serves, through a dedicated team of employees, a diverse line of financial products and services, and continued investment in emerging technology.
You can learn more about Franklin Savings Bank by calling 1.800.372.4445, or visiting www.fsbnh.bank, or following the bank on Facebook, LinkedIn, Twitter and YouTube.
“This recognition would not be possible without the outstanding efforts of our commercial lending team,” commented Ron Magoon, President & CEO. “We are fortunate to have a talented team of lenders with decades of collective experience in assisting business owners with finding the appropriate financing to meet their needs.”
The data included in the report represents all purchase and non-purchase loans originated by banks, credit unions and mortgage companies located in New Hampshire during 2016. The report ranks top 10 lenders by volume and number of loans in the following categories: single-family, condo and commercial purchases and residential refinance.
Established in 1869, Franklin Savings Bank is an independent, mutually-owned community bank, offering a full array of commercial lending, personal banking and investment services throughout the Central Lakes Region and southern New Hampshire. Headquartered in Franklin, the Bank has offices in Bristol, Boscawen, Tilton, Laconia and Gilford, as well as an office in Bedford for business lending. Franklin Savings Bank also offers investment, insurance and financial planning services through its wholly-owned subsidiary, Independence Financial Advisors, from offices in Franklin, Bedford, Nashua and Rochester, New Hampshire. As a recognized leader in providing the latest in financial services technology, Franklin Savings Bank remains committed to serving the needs of businesses, families and the communities it serves, through a dedicated team of employees, a diverse line of financial products and services, and continued investment in emerging technology.
You can learn more about Franklin Savings Bank by calling 1.800.372.4445, or visiting www.fsbnh.bank, or following the bank on Facebook, LinkedIn, Twitter and YouTube.
Contact:
Dawn Beers, AVP, Marketing Officer
Dawn.Beers@fsbnh.bank, (603) 934-8358
