article thumbnail

Walden Mutual aims to serve New England’s food community

Independent Banker

As the first mutual bank to open in decades, Walden Mutual Bank is gearing up to support New England’s farmers, food service industry and sustainable food community. submitted its application to the FDIC at the end of August with the intent to serve New England’s local and sustainable food community with a bank owned by its depositors.

Community 170
article thumbnail

Discovering Financial Growth: Making Smart Investments with Union Bank

Ublocal

We’re delighted to bring our Northern Vermont and New Hampshire communities a simple, yet powerful way to grow your money. Please be advised that certain investment products, including but not limited to IRAs and 401(k)s, are not insured by the FDIC and carry the risk of potential loss of value.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why No De Novo Banks? Math.

Jeff For Banks

The concept was new, and growth was projected to be robust, albeit not off the charts. The FDIC required the bank to raise $20 million in capital, a tidy sum back in the 1990’s when banks got started with less than half as much. Primary Bank in New Hampshire, started last year, raised around $27 million.

FDIC 60
article thumbnail

Guide to Building an Investment Portfolio for VT & NH Investors

Ublocal

Union Bank’s long history in the community is the reason our Vermont and New Hampshire clients put their trust in us. Choose the investment advisors that are recognized by the people who live in your community. Contact our team today to discuss your financial hopes and goals!

article thumbnail

Unraveling the Mysteries of Complex Investment Terms – A Guide for Real People

Ublocal

Together, we can turn the complex world of investing into an opportunity that’s accessible and rewarding for everyone in our Vermont and New Hampshire communities. The Union Bank mobile app provides an investment tool for the masses!

Taxes 98