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Merrimack County Savings Bank Pledges $25,000 in CDFA Tax Credits to Boys and Girls Club of Central NH

Merrimack County Savings Bank recently pledged $25,000 to Boys and Girls Club of Central NH through the Community Development Finance Authority (CDFA) of New Hampshire’s tax credit program. An additional $25,000 in tax credits was pledged to the Club in 2015. The Bank’s investment supports the construction of a dedicated space for the Boys and Girls Club in Suncook.


Chris Emond, Executive Director of the Boys and Girls Club of Central NH with Philip Emma, President of Merrimack County Savings Bank.

The final structure will be named the Allenstown Community Center and will house the Boys and Girls Club of Suncook, which is a unit of the Boys and Girls Club of Central NH, and the Community Action Program’s Suncook Senior Center. Its construction will allow the organization to double the number of youth served each day. The Allenstown Community Center is expected to open in June 2016.

“Merrimack County Savings Bank and its employees are proud to support Chris Emond and the Boys and Girls Club. We applaud their efforts on making our community a better place to live, work and raise a family. It’s very rewarding to be in a position to make contributions to outstanding organizations like this one,” said Philip Emma, President of Merrimack County Savings Bank. “We’d like to thank Merrimack County Savings Bank for believing in our mission and championing us as we work to empower at-risk youth and children,” said Chris Emond, Executive Director of Boys and Girls Club of Central NH.

The Boys and Girls Club of Central NH inspires and enables young people of Central NH reach their full potential as productive, caring, responsible citizens. Headquartered at 55 Bradley Street in Concord, the Boys and Girls Club of Central NH offers children a safe place to belong. Along with caring adult mentors, the Boys and Girls Club offers programs that cover everything from academics and leadership development to physical fitness and healthy eating. For more information about the Boys and Girls Club of Central NH, visit centralnhclubs.org.

CDFA tax credits allow businesses to fund qualifying economic or community development projects in exchange for a tax credit that can be applied against state business tax payments. For more information about the CDFA, visit nhcdfa.org.

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