Primary Bank is proud to share our recent awards and accolades with our community.
Granite State Development Corporation Names Primary Bank "Top Lending SBA Partner"
Primary Bank is proud to be named Granite State Development Corporation’s “Top Lending SBA Partner.” Additionally, Primary Bank announces that Scott Kingsley, VP Loan Officer was named Granite State Development Corporation’s “Top Lending Individual Partner.” These awards underscore the bank’s commitment to the New Hampshire small business community and highlight our entrepreneurial nature.
Granite State Development Corp. is the number one Certified Development Company (CDC) in New England and is one of the largest CDCs nationwide. The Small Business Association (SBA) 504 Loan Program is designed to help small business owners with long-term financing for capital assets, such as commercial real estate and equipment.
Primary Bank partners with GSDC, who through the SBA 504 loan program, provides financing for businesses to make investments in their own facilities, allow for expansion, and create new jobs in the granite state.
Primary Bank is Honored to be Awarded as one of the Business NH Magazine “Best Companies to Work For”
For 26 years, Business NH Magazine has recognized businesses that go out of their way to create engaging workplaces and understand that fulfilled employees are more productive.
The competition attracted applicants from across the state and Primary Bank was selected among the top 15 companies.
Primary Bank Named Best Performing Bank in the Northeast
S&P Global Market Intelligence annually ranks the nation’s best-performing banks and credit unions. The 2022 analysis reviewed 477 eligible banks and thrifts. According to S&P Global, these rankings are based on returns, growth, and efficiency but primarily on the strength and risk profile of the institutions’ balance sheets.
The report states, “Primary Bank had an equal or higher value than the median of top 50 community banks in the region in six of the seven metrics analyzed, according to S&P Global Market Intelligence data. At 51.5%, Primary recorded the highest five-year average operating revenue growth among the top 50 banks on the list, much higher than the 6.5% median recorded for all 447 eligible banks.”
2021 Healthiest Bank in New Hampshire
For the 4th year in a row, Primary Bank has achieved an “A+” health rating and is recognized as the healthiest bank in New Hampshire by DepositAccounts.com, as ranked by the Texas Ratio. DepositAccounts.com evaluates the financial health of over 10,000 banks and credit unions in the United States once per quarter. To determine bank ranking and recognition, DepositAccounts.com grades each institution on several factors, including capitalization, deposit growth, and loan-to-reserve ratios.
Primary Bank is Manchester Union Leader Reader’s Choice
Primary Bank was voted the Best Bank 2021 by the readers of the Manchester Union Leader, the state’s largest newspaper.
Primary Bank Voted the Best Bank in the 603
Primary Bank Named Top Lender
For the fourth year in a row, Primary Bank has been named the #1 SBA lender in New Hampshire. The US Small Business Administration awarded this distinction for the volume of loans processed under the 7A guarantee program in the SBA’s fiscal year ending September 30, 2021.
Primary Bank Named Healthiest Bank In New Hampshire For the 2nd Year
Primary Bank Leaders Earn Top Award
Primary Bank Receives SBA NH Lender of the Year Award
Primary Bank is the #2 Healthiest Bank in the US, #1 in New England
Primary Bank has been recognized as the #2 Healthiest Bank in the USA, and the #1 Healthiest Bank in New Hampshire and New England by DepositsAccounts.com, a subsidiary of Lending Tree. The financial health of over 11,000 banks and credit unions in the United States is evaluated once per quarter. To determine bank ranking and recognition, DepositAccounts.com grades each institution on a number of factors, including capitalization, deposit growth, and loan-to-reserve ratios.
CRDC Awards Primary Bank 2018 Bank of the Year
The Capital Regional Development Council (CRDC) presented Primary Bank with its 2018 Bank of the Year Award. The award is based on highest dollar volume of lending of loans referred to CRDC in the fiscal year ending Sept. 30. CRDC is a non-profit regional development corporation that provides a variety of economic development services to businesses and local governments throughout New Hampshire. This is the third award the CRDC has presented to Primary Bank since our opening in July, 2015.
Primary Bank Receives SBA Emerging Lender Award
Primary Bank was presented with the 2018 Emerging Lender Award at the Small Business Administration’s (SBA) Annual Meeting held at Manchester Country Club. This recognition was awarded for the volume of loans processed under the 7A guarantee program in the SBA’s fiscal year ending September 30. Primary Bank attained this recognition for closing 30 loans for a total dollar amount of $9.8 million during the fiscal year. The SBA named Primary Bank their fastest growing lender and most recent addition to their list of Preferred Lenders.
Business Excellence Award Winner, Bill Stone of Primary Bank
NH Business Review’s Business Excellence Awards recognize the imagination, industriousness, innovation and achievements of business owners and operators in New Hampshire. Bill Stone, president and CEO at Primary Bank in Bedford, NH is the 2017 Business Excellence winner in the financial services category for a small organization.
Visit nhbr.com for Award information.
Dallas Lagerquist of Primary Bank Named Granite United Way's Volunteer of the Year
Primary Bank is proud to announce that our VP, Business Development Officer, Dallas Lagerquist has been named United Way’s Volunteer of the Year. Dallas works with the Southern Region of the United Way on their Employer Campaign committee to earn more supporters for the annual campaigns. She helped coordinate the Granite United Way Employee Campaign at Primary Bank, increasing dollars raised by 100% this year. “Primary Bank is very supportive of my volunteer work,” says Dallas. “It is essential for a local bank to give back to the community.” Read more