NH Bar Foundation: IOLTA Leadership Bank Spotlight - Sugar River Bank
The New Hampshire Bar Foundation, on behalf of the NH legal community, thanks Sugar River Bank for its steadfast support of the Interest on Lawyers Trust Account program, and its participation as a Leadership Bank in 2010-2011.
A Leadership Bank...
Contributes to the success of the IOLTA program by offering interest rates of 2% or more on IOLTA accounts.
Sugar River Bank’s Impact
With the revenue earned through the IOLTA Program, Sugar River Bank helped more than 19,000 residents receive critical civil legal services in the fiscal year ended May 31, 2011. These services alleviate poverty and suffering and help the communities served by your bank, and indeed all of us living in this state.
IOLTA accounts at Sugar River generated $5,540 in interest revenue for the Bar Foundation to be used for charitable purposes.
About the Bank
Sugar River Bank is a full service bank, serving consumer and commercial customers. Our customers have access to their accounts through multiple delivery channels including online access, telephone banking, and branches located in Newport, Sunapee, New London, Grantham and Warner.
The bank offers a full range of commercial services including mortgages, equipment loans, lines of credit, cash management, and deposit products.
Leadership Banks
Centrix Bank Community Guaranty Savings Bank Hampshire First Bank Bank of New Hampshire Mascoma Savings Bank Meredith Village Savings Bank Merrimack County Savings Bank Monadnock Community Bank The Nashua Bank Northway Bank Passumpsic Savings Bank Sugar River Bank
You Should Know...
Sugar River Bank was founded in 1895 as a Mutual Savings Institution to help the community grow and prosper. The bank is owned by our depositors, not shareholders, and is thus able to focus on the long term needs of the community and our customers. We take pride in continuing to be neighbors helping neighbors reach their financial goals. We are strong, stable, and local and have been rated as one of the strongest banks in the country.
Support IOLTA – Use Leadership Banks
The Bar Foundation encourages lawyers participating in IOLTA to patronize Leadership Banks.