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Concord, NH – August 27, 2015 – Jason Hicks has been promoted to Chief Financial Officer of New Hampshire Mutual Bancorp, effective January 1, 2016. In this role Hicks will be responsible for the development of financial policies, strategic plans, business goals, asset and liability management, current and contingent liquidity management, and investment strategies for the holding company and its subsidiaries. He will also continue to lead the management of the investment portfolios and treasury functions of Merrimack County Savings Bank and Meredith Village Savings Bank and oversee the financial, tax and regulatory reporting processes for all four companies under the New Hampshire Mutual Bancorp holding company structure.
Hicks joined Meredith Village Savings Bank in 2009 as Vice President of Finance and Controller following an extensive career in public accounting and commercial and community banking. In 2013 he was promoted to Corporate Treasurer and Investment Officer for both Meredith Village Savings Bank and Merrimack County Savings Bank. In 2014 Hicks was promoted to Senior Vice President, Corporate Treasurer & Investment Officer for New Hampshire Mutual Bancorp.
An active member of the Lakes Region Community, Hicks serves as Vice Chair and Treasurer on the Board of Laconia Area Community Land Trust and as Vice President of the Board for Lakes Region Habitat for Humanity. He previously served as Treasurer for Center Harbor Congregational Church. Hicks received his Bachelor and Master of Science degrees in Accounting from the University of North Texas and is a Certified Public Accountant in the State of New Hampshire.
“Jason’s leadership, integrity and expertise in corporate finance help us carry on our history as a strong, well-capitalized financial institution,” said Rick Wyman, Executive Vice President and Chief Financial Officer. “We have been so impressed with his management of the finance team over the last 5 years and we are excited to promote him to this senior management role.
Hicks’ predecessor, Richard E. Wyman has been promoted to President of Meredith Village Savings Bank (MVSB). The current President of MVSB, Samuel L. Laverack, has been promoted to President & CEO of New Hampshire Mutual Bancorp. Both of these promotions will also take place on January 1st.
About New Hampshire Mutual Bancorp
New Hampshire Mutual Bancorp was formed in 2013 when Merrimack County Savings Bank and Meredith Village Savings Bank (MVSB) formally allied under a mutual holding company – the first relationship of its kind in New Hampshire. While both banks were strong performers, the partnership allows them to advance their shared vision of maintaining and enhancing their community banking standards and values in an industry of increasing regulatory costs and challenges. This growing relationship has made way for the Banks to expand their service areas, increase lending capacity, mitigate growing regulatory and technology costs and offer more career opportunities to their employee base. NHMB was chosen as Business NH Magazine’s 2015 Business of the Year for the Financial Services category. On April 1st of this year MillRiver Wealth Management officially became a third subsidiary of New Hampshire Mutual Bancorp. MillRiver combines the financial advisory divisions of the Merrimack and MVSB while expanding the delivery of Merrimack’s proprietary investment management and trust services to MVSB. NHMB combined assets total nearly $1.5 billion.