Tour Downtown Hanover Spaces Available for Business Opportunities

[Hanover, NH: October 13, 2020]  “This Space Is Not Empty. It’s Full of Possibilities.” Tour the spaces available for new possibilities in downtown Hanover, New Hampshire on Thursday, October 29 from 4 to 6 PM. This tour is for anyone interested in opening a retail or restaurant business. 
During the tour, attendees will visit 7-8 commercial spaces available for immediate lease. Listing agents will be available at each location to answer questions. Representatives from the Hanover Planning Department will be on hand to give an overview of the permitting process to fit up a new business, and field questions on signage, inspections and other considerations when locating a business. Representatives from Woodsville Guaranty Savings Bank will also be on hand to discuss financing options and to offer support to interested entrepreneurs. 
Hanover is a thriving college town, home to New Hampshire’s only Ivy League institution, Dartmouth College, with over 4000 undergraduates and graduate students. Hanover’s downtown business district features a variety of dining destinations as well as a mix of independent boutiques and nationally known brands such as Simon Pearce, Farmhouse Pottery, J McLaughlin and Talbots. The Nugget Theater, Hopkins Center for the Arts and Hood Museum of Art bring visitors downtown and create a vibrant arts & cultural vibe. Several major regional employers are located nearby including Dartmouth-Hitchcock Medical Center with 9000 employees onsite and Hypertherm with 1500 employees onsite.
This event is being coordinated by the Upper Valley Business Alliance, the region’s chamber of commerce, who will offer any attendee who leases a space a complimentary one-year membership. “Hanover is a retail mecca,” says Tracy Hutchins, executive director with the Upper Valley Business Alliance. “Although the covid pandemic has caused the closure of a few businesses, Hanover is a fantastic town for a new entrepreneur to launch a business. With Dartmouth College located in the
center of town, Hanover is always busy with students, alumni and visitors. This town has always bounced back from economic downturns quicker and stronger than most communities.”
“We are so happy to be a part of the Hanover business community and to participate in this event,” said Jason Achmoody, Vice President and Upper Valley Market Manager at Woodsville Guaranty Savings Bank’s Hanover business lending office who is sponsoring the tour. “We appreciate the creative and proactive approach to refilling and repurposing our downtown spaces, and we look forward to doing our part, serving as a resource and partner for visionary entrepreneurs looking to start or expand a business.” 
A listing of the spaces on the tour and registration details can be found at Covid safety protocols will be in place and participants are asked to wear face masks during the tour. Question and answer periods will take place outside. This event is rain or shine.
The Upper Valley Business Alliance represents 460 businesses located throughout the Upper Valley. Its mission is to promote and seize opportunities to better the economic climate in our region. For more information, visit

Kelly Schwaner of Holderness Joins WGSB

[Woodsville, NH: July 23, 2020] Ann Dow, Vice President and Residential Loan Officer at Woodsville Guaranty Savings Bank announced the hiring of Kelly Schwaner of Holderness as Loan Production Assistant. Kelly will support the bank’s residential lending activity bank wide from WGSB’s Plymouth Office, located on Tenney Mountain Highway. 

Kelly joins WGSB with twenty years of experience in banking, with a focus on mortgage and consumer lending, from application through closing. Her previous work includes loan operations, loan origination, and supervision of both loan processing and servicing teams, with additional experience in finance and bookkeeping.  Most recently, she worked as a Loan Servicing Representative for New Hampshire Mutual Bancorp, since 2014.  She has completed advanced training in lending, underwriting, accounting, and bank management.

Kelly grew up in Central New Hampshire and lives in Holderness. She is a member of the Holderness Select Board, since March 2019, is a past member of the town’s Budget Committee, and formerly served as the Children’s Librarian at the Holderness Free Library.   Kelly has three grown children, enjoys horseback riding, and has a new puppy, which keeps her busy and entertained.   

“Kelly is extremely professional, cares about the customer and the bank, and takes great pride in her work,” said Dow.  “She will be a great asset to the mortgage department and bank as a whole, and we are so pleased to have her join our team.”


Corin Rogers of Newbury, VT Joins WGSB

[Woodsville, NH: July 15, 2020] Alison Bruce, Vice President, CRA and Privacy Officer, and Compliance and Risk Specialist at Woodsville Guaranty Savings Bank announced the hiring of Corin Rogers as BSA/AML/OFAC Officer.  Corin will be responsible for helping the bank implement, monitor, and administer all aspects of its Bank Secrecy Act compliance program, and for ensuring that the bank is in compliance with the Bank Secrecy Act, USA Patriot Act, OFAC, and all other related laws.

Corin joins WGSB from Ledyard National Bank, where she served as Assistant BSA Officer for six years. She has fourteen years of experience in banking, including retail sales, internal audit, and quality control.  She holds a Certified BSA/AML Professional designation from the Independent Community Bankers Association and attends the NH Bankers Compliance and BSA Officer conferences annually.  Corin grew up in Bradford, Vermont and currently lives with her family in Newbury.

“We are very excited to have Corin join the compliance department,” said Alison.  “She’s very interested in building her career here at WGSB and appreciates the bank’s values, which focus on the community, customer service, and family. She is a great addition to our team.”


Kelley Roy Promoted at Woodsville Guaranty Savings Bank 

[Woodsville, NH: June 15, 2020] James Graham, President and Chief Executive Officer of Woodsville Guaranty Savings Bank announces the promotion of Kelley Roy to the position of Assistant Vice President and Loan Production Officer. 

Kelley joined the bank in April of 2002 and has served in many capacities. She started as an assistant to the Indirect Loan Officer, then moved to the loan servicing and processing area, where she performed a variety of functions in support of the department as a whole. When the loan servicing and processing areas separated to create a centralized residential loan department, Kelley took over the role of Residential Loan Closing Coordinator.  For the past three years, she has served as Residential Mortgage Supervisor and Underwriter. 

Her responsibilities include staff management to ensure compliance and efficiencies with the processing, underwriting and closing of residential loans.  In addition, Kelley maintains the primary software that supports the department’s paperless environment.

“Kelley does a great job in her duties and has played an integral role in the launch of a number of projects that benefit the bank’s customers and staff,” said Graham. “Her willingness to help where needed and positive attitude are greatly appreciated by her co-workers and management alike.”

Kelley has a Bachelor of Science degree in business administration from Lyndon State College with a minor in small business management and marketing.  She lives in Bath, New Hampshire with her husband, Shawn, and their children Austin, 15 and Jillian, 12.  Kelley and her family enjoy the outdoors, hunting and fishing, and spending time with their large extended family.


Erin Hennessey Elected to Bank's Board

[Woodsville, NH: May 15, 2020] James E. Graham, President and Chief Executive Officer of Woodsville Guaranty Savings Bank, announced the election of Erin Hennessey of Littleton, NH to the Board of Directors for the bank and its holding company, Guaranty Bancorp, Inc. 

Erin is a business, legislative, and community leader with over twenty years of professional experience and expertise in the areas of fiscal management, responsibility, and governance.   She currently serves as New Hampshire State Representative for Grafton 1 (Littleton and Bethlehem), since December 2014, where she also serves in a number of leadership roles, including Legislative Advisor to the Governor's Office for Emergency Relief and Recovery, Assistant Republican Leader, Ranking Member of the Finance Committee Division III, and Chair of the Commission on Demographic Trends.  In addition, Erin served as a member of the Cannon Mountain Advisory Committee and on many other committees and commissions, focusing on employment and job training, pharmaceutical costs, emergency relief, long range planning, and public works.  Erin is a Certified Public Accountant (CPA) and works as an independent accounting consultant for companies throughout New England. 

Erin is an active community supporter and serves several volunteer boards.  She is Treasurer for the Board of Trustees for Littleton Regional Healthcare, a member of Friends of Lakeway, and on the Littleton Dog Park Committee. She is also a past board member with New Hampshire Public Television and North Country Home Health and Hospice.

A graduate of Boston College, Erin is a licensed CPA and a Henry Toll Fellow with the Council of Governments, Class of 2019.  She lives in Littleton, NH with her husband, John, and their two children, Claire and Luke.

“We are very happy to welcome Erin to our management team,” said Graham. “Her strong accounting and legislative background, coupled with her high level of support within the local community, will be a great addition to the board.”


New Hampshire Housing Recognizes WGSB Lenders for Outstanding Efforts

[Woodsville, NH: April 7, 2020] – Lenders and loan originators were recently recognized by New Hampshire Housing Finance Authority (NHHFA) for helping 2,000 homebuyers find affordable homes and loans last year. The awards were given to the lending institutions and loan originators who assisted the most homebuyers through New Hampshire Housing programs in 2019.

Awards for Top Loan Originator were given to Woodsville Guaranty Savings Bank’s Barbara Bullard, Terry Daniels, and Marcie Gowen-Nobley.  In addition, WGSB was recognized as Top Producer for Participating Originators.

“I am so proud of each of these lenders for their hard work and dedication,” said Ann Dow,

Vice President and Residential Loan Officer at WGSB.  “They have a great deal of respect for the value of NHHFA’s programs and are highly skilled at helping their customers through the process to closing.”

“Our top lenders and loan originators are key to supporting affordable housing opportunities for New Hampshire households,” noted Ignatius MacLellan, managing director of New Hampshire Housing Finance Authority’s Homeownership Division. “Their service to customers helps provide affordable mortgages that give borrowers the opportunity for successful homeownership.”

New Hampshire Housing mortgages offer special features not generally available through other lending sources – such as down payment assistance – that can make homeownership more affordable. NHHFA also offers the Homebuyer Tax Credit program for first-time homebuyers, which enables them to receive a federal tax credit of up to $2,000 per year as long as they own their home and continue to pay mortgage interest.

New Hampshire Housing Finance Authority promotes, finances and supports affordable housing. NHHFA operates a number of rental and homeownership programs designed to assist low- and moderate-income persons with obtaining affordable housing. Since its inception, NHHFA has helped more than 50,000 families purchase their own homes and has been instrumental in financing the creation of 15,000 multi-family housing units.




Jason Achmoody Joins Hanover/Upper Valley Team

[Woodsville, NH: March 25, 2020] Daniel Stannard, Executive Vice President and Senior Lending Officer at Woodsville Guaranty Savings Bank announced the hiring of Jason Achmoody as Vice President and Upper Valley Market Manager.  Jason is responsible for servicing current commercial loan relationships and building new relationships within the greater Upper Valley area.  He will work from the bank’s loan production office in Hanover, located at 17.5 Lebanon Street, over Four Seasons Sotheby's International Realty.  

Jason joins WGSB from Ledyard National Bank, where he served in a number of management positions, most recently as Vice President and Commercial Loan Officer in the Hanover area, since 2010.  His banking career began at Chittenden Bank (now People’s United Bank), where he advanced from a teller to a credit analyst to an officer and Assistant Market Manager.  Throughout his banking career, Jason has excelled at understanding the needs of his customers and making sound decisions that build trust and relationships. 

Jason holds a Bachelor of Science in Business from the University of Akron and a Masters in Theology from Dallas Theological Seminary. He has also completed advanced training and is a Certified Commercial Loan Officer (CCLO) and a Certified Exit Planning Advisor (CEPA), which allows him to bring significant value to customers as they plan for the eventual transition of his or her business.  Jason has worked and lived in the Upper Valley for fifteen years and served the local community on the Upper Valley United Way cabinet, Leadership Upper Valley Board of Governors, Rotary, and the board of his local church.  He and his wife, Leslie, reside in West Lebanon with their three school aged sons. 

“Jason is a competent lender and a great team member,” said Stannard.  “Approximately 20% of the bank’s loan portfolio is made up of commercial and residential mortgage relationships in the Hanover, Lebanon, and surrounding area, so I am very pleased to have Jason in the market, serving and building relationships with the people and businesses of the region.”


Jennifer Hall Joins WGSB's Commercial & Municipal Team

Professional woman with long hair smiling in gray cardigan[Woodsville, NH: February 20, 2020] Daniel Stannard, Executive Vice President and Senior Lending Officer at Woodsville Guaranty Savings Bank announced the hiring of Jennifer Hall of McIndoe Falls, Vermont as Assistant Vice President and Deposit and Municipal Services Sales Officer. In this new position, Jennifer will promote adoption and usage of the bank’s cash management and municipal services, and provide high-level support to the bank’s commercial and municipal customers.  In addition, she will serve as a resource for retail and commercial staff, assuming a number of training and mentoring responsibilities.  Jenn will work from the bank’s H.J. Graham Operations Center in Woodsville.

Jennifer joins WGSB with more than twenty years of experience in retail management, leadership, and customer service.  Prior to joining WGSB, she served as branch manager at both Citizens Bank and, most recently, Ledyard Bank, in Hanover. Prior to starting her banking career, Jenn was part of the management team at Staples in Concord for four years and Price Chopper Supermarket in Lebanon for twelve years. 

Jenn’s advanced training includes coursework in sales, management, leadership, payroll and human resources, communications, problem solving, and more.  She resides in McIndoe Falls with her children, Rylee and Ryan.

“Jenn comes to us with strong retail sales experience and a high level of energy,” said Dan Stannard.  “This new position nicely matches her strengths with our desire to deliver a high level of service and support to the bank’s commercial and municipal customers.  Jenn will be a real asset to our customers and staff.”

Daphne Cassady Promoted to VP, Commercial Loan Officer

Professional woman with long hair wearing business attire

[Woodsville, NH: February 13, 2020] Daniel Stannard, Executive Vice President and Senior Lending Officer at Woodsville Guaranty Savings Bank announced the promotion of Daphne Cassady of Lancaster, NH to Vice President and Commercial Loan Officer.  Daphne works from the bank’s Cottage Street, Littleton office and joins Carol Walker in managing commercial loan relationships throughout the North Country. 

Daphne started at WGSB in 1998 as a Credit Analyst and Commercial Lender, then moved into a part-time role as Credit Analyst while raising her children.  Throughout her career, she has supported the bank’s commercial loan staff by analyzing financial data provided by business borrowers and making recommendations to best match the customer’s goals with the variety of financing options available.  

 “Daphne’s deep understanding of accounting and business financial statements is a great asset to the bank,” said Stannard.  “For more than 20 years and behind-the-scenes, she has helped hundreds of local businesses get the financing they need to succeed. We are so happy to have Daphne in this new position and in front of so many of the customers she has served so well.” 

Daphne has 30+ years training and experience in commercial lending, credit analysis, and related business services.  She graduated Plymouth State College with a BA in Economics, an MS in Accounting, and a Masters of Business Administration.  She is also a graduate of the School of Commercial Lending at Babson College.  Daphne lives in Lancaster with her husband, Lewis, and has three grown sons. 

Kimberley Ryan Joins Woodsville Guaranty Savings Bank

Professional woman with blonde hair smiling in front of a window.[Woodsville, NH: January 30, 2020] Rhonda Caswell, Vice President, Retail and Human Resources Officer at Woodsville Guaranty Savings Bank announced the hiring of Kimberley Ryan as Assistant Vice President & Branch Administration Officer.  Kim will provide support and oversight for WGSB’s nine banking offices and will support a variety of employee training and customer service initiatives.  She will work from the Littleton, Meadow Street office. 

Kim joins WGSB with more than twenty years of experience in bank management, business development, customer service, and corporate training.  Previous positions include Regional Manager at VSECU (VT), Senior Training Specialist for Mylan Technologies (VT), and Vice President/Regional Manager at Berkshire Bank (NY & MA), a position she held for eight years. 

Kim studied marketing and Business Management at Champlain College, and has completed coursework in a variety of bank and leadership related subjects. She is also a licensed Real Estate agent, and holds a Vermont/National Real Estate License.  Kim has given her time to many community and professional organizations, including United Way, Chambers of Commerce, Habitat for Humanity, and Northwestern Vermont Board of Realtors.  She recently relocated from Milton, Vermont to reside in Littleton.

“Kim has a great deal of experience in some really important areas for the bank,” said Caswell.  “Her management, training, business development skills, along with her interest in community outreach, make her a great fit for our bank. Kim will be a valuable part of the WGSB team.”


Rita Kenyon & Kristen Kilby Promoted at Woodsville Guaranty Savings Bank

Smiling professional woman with long blond hair and grey suit.

[Woodsville, NH: January 29, 2020] Rhonda Caswell, Vice President, Retail and Human Resources Officer at Woodsville Guaranty Savings Bank announced the following employee promotions.

 Rita Kenyon of Lunenburg, Vermont was promoted to the position of Branch Manager of the bank’s Cottage Street, Littleton office.  She joined WGSB in 2010 as a trainer.  In 2012, Rita accepted the position of Branch Supervisor for the Meadow Street office, and was promoted to Branch Manager in 2015.  In 2016, Rita played a significant role in managing the office’s move from its former location next to Tractor Supply to its current location next to Applebee’s. 


 Smiling young professional woman in flowery blouse.Kristen (Jameson) Kilby of Guildhall, Vermont was promoted to Branch Supervisor of the Meadow Street, Littleton office.  Kristen joined WGSB is 2017 as a part time teller at the bank’s Lancaster office. In July of 2019, she transferred to Float Teller and Customer Service Representative, helping out as needed in the Lancaster and Littleton area offices. 

 “Both Rita and Kristen are outstanding representatives for the bank,” said Caswell.  “Rita has strong management and leadership skills and Kristen’s eagerness to learn is a real asset.  We are so happy to be able to help them advance in their careers here at WGSB.”




Kaila DeCaro of St. Johnsbury, VT Promoted to Credit Analyst

Young professional lady, smiling and standing in bank lobby[Woodsville, NH: October 30, 2019] Stefanie Gulick, Vice President, Loan & Credit Administration Officer at Woodsville Guaranty Savings Bank announces the promotion of Kaila DeCaro to Credit Analyst - Small Business Lending.  In her new position, Kaila will be responsible for the underwriting of small business loans, to expedite the bank’s small business lending process for businesses and entrepreneurs.  

Kaila joined WGSB as a teller in the fall of 2011 and quickly added Customer Service Representative to her role.  In 2014, she transferred to the Consumer Lending Department where she helped process and service consumer loans and provided support to customers.  Since 2016, she has worked as a Commercial Loan Assistant, helping commercial lenders and their customers before, during, and after loan closings.  She also played an integral role in the development of the bank’s new online lending platform, which helps streamline the loan data and document collection process for customers and their lenders.

“Kaila is a highly-motivated, detail-oriented, energetic person, all qualities that make her the perfect fit for this new position,” said Gulick.  “As an SBA Preferred Lender, small business owners and entrepreneurs count on us for fast turnaround of their loan requests, so having Kaila focused on this part of the process will be a real asset to our customers.”

Kaila has a Bachelor of Science degree from the University of Vermont and has completed a variety of additional coursework in accounting and financial statement analysis.  She lives in St. Johnsbury, Vermont with her husband, Nick, and children, Emerson, 4 and Bryce, 1. She loves to cook and watch the Blacklist, and as a mom of two little ones, she also loves to go to the grocery store…by herself.

Stefanie Gulick of Thetford, VT Joins WGSB's Loan Team

[Woodsville, NH: August 2, 2019] Daniel Stannard, Executive Vice President and Senior Lending Officer of Woodsville Guaranty Savings Bank announces the hiring of Stefanie Gulick of Thetford, Vermont as Vice President, Loan and Credit Administration Officer.  Stefanie’s responsibilities include supervision and support of the bank’s Loan Operations Department, commercial credit staff, and full-time commercial lending assistants, as well as management of the bank’s loan origination platform.

Image of Stefanie Gulick wearing black blazer and eyeglasses smilingStefanie joins Woodsville Guaranty Savings Bank from Ledyard National Bank where she was Vice President and Commercial Credit Manager for the past ten years.  Her prior banking experience includes work as a commercial credit analyst and in retail branch banking.

Stefanie is a graduate of Bentley College (University) with a Bachelor of Science degree in Economics and Finance and a graduate of the Northern New England School of Banking.  She is a first year graduate student at the Barret School of Banking and has completed many banking related certificate and other programs. 

In addition to her professional work, Stefanie is an active volunteer, sharing her time and talents with a number of area organizations.  She is Treasurer of the Upper Valley Habitat for Humanity, Board Chair for the Orford Funds for Excellence Committee, and a member of the Thetford Youth Recreation Committee and VT Women in Leadership Planning Committee.  Stefanie lives in Thetford with her husband, Shaun, and two children.

“Stefanie is a very talented, bright, and energetic person,” said Stannard.  “This new position is a great opportunity for her to grow in her career and a great opportunity for us to learn from the skills she will bring to the bank. We welcome her experience and consider her addition to our team a real asset to WGSB and our customers.”


WGSB Offers Assistance to Middle Income Homebuyers Through FHLBank Boston Program 

[Woodsville, NH – June 3, 2019] Woodsville Guaranty Savings Bank has been selected to participate in the Federal Home Loan Bank of Boston’s (FHLBank Boston) Housing Our Workforce (HOW) program.

Logo of the Federal Home Loan Bank of BostonLaunched this year, HOW provides assistance to FHLBank Boston financial institution members to help local homebuyers earning more than 80 percent and up to 120 percent of the area median income with down payments on owner-occupied primary residences.

The $2 million program offers a two-to-one match of down payments made at the time of purchase by eligible homebuyers. Borrowers can receive up to $20,000 in assistance on a first-come, first-served basis.

“Many homeownership programs are designed to assist lower-income individuals and families. It can be challenging for those in a slightly higher income range to afford housing, particularly in communities where home prices are rising. With this program, a greater number of borrowers will be able to achieve homeownership,” said Dan Stannard, Executive Vice President and Senior Lending Officer at Woodsville Guaranty Savings Bank.

Woodsville Guaranty Savings Bank is eligible to receive up to $100,000 in 2019 through Housing Our Workforce depending on availability of funds.

To learn more about applying for assistance, please contact a residential lender at 800-564-2735.

Alison Bruce & Victoria Dickenson Accept New Positions

[Woodsville, NH – April 18, 2019] James Graham, President and Chief Executive Officer of Woodsville Guaranty Savings Bank announces the following employee news.

Alison Bruce, VP, Compliance and Risk Specialist, and CRA and Privacy OfficerAlison Bruce, Vice President and Compliance and Risk Specialist, added CRA (Community Reinvestment Act) and Privacy Officer to her position, and will supervise the Bank’s BSA and Fraud areas. She assumed these responsibilities from Wendy Hazlett, VP Compliance Officer, to prepare for Wendy’s upcoming retirement.  A resident of East Corinth, VT, Alison joined the bank in 2018 with nearly twenty years of retail banking experience, specializing in compliance and risk management.

Victoria Dickenson accepted a newly created position of BSA (Bank Secrecy Act) and Fraud Analyst. Tori joined the bank in 2011 as a teller and succeeded in many retail roles before transferring to the Deposit Operations Department in 2014. In her new position, she is responsible for investigating cases of fraud, identity theft, and money laundering, as well as Tori Dickenson, BSA and Fraud Analysthandling required federal reporting.

“Alison and Tori are very skilled in their individual positions,” said Graham.  “We are so fortunate to have them on the WGSB team, each willing and able to assume new roles as the bank grows, expands, and continues to meet the needs of our customers.”

Woodsville Guaranty Savings Bank is a New Hampshire state-chartered savings bank headquartered in Woodsville, with nine banking offices in the communities of Woodsville, Piermont, Lisbon, Littleton, Lancaster, Plymouth, and Franconia, and a loan production office in Hanover.

Daniel Stannard and Jeneil McAllister Promoted

[Woodsville, NH – March 7, 2019] The Woodsville Guaranty Savings Bank Board of Directors voted to promote two of the bank’s employees at its recent meeting. The Board appointed Daniel Stannard Jr. to the position of Executive Vice President and Senior Lending Officer, and Jeneil McAllister to the position of Vice President and Information Security Officer. 

Dan Stannard, EVP and Senior Lending OfficerDan Stannard oversees the bank’s consumer, residential, and commercial loan portfolios.  He joined the bank in 2014 with more than twenty years of experience in lending, loan management, and business development.  In addition to his banking experience, Dan worked to help establish the Rutland County Community Land Trust, assisting in the development of affordable housing through the innovative expansion of available housing opportunities. He is currently a board member and treasurer of Twin Pines Housing Trust, and regularly helps out at youth sports programs and other school activities.  He is the former chair of the Manchester Health Service Board (Visiting Nurses) and President of the Regional Affordable Housing Corporation. 

 “Dan’s experience, leadership style, and attention to the needs of our customers make him a real asset to the bank and management team,” said Jim Graham, Woodsville Guaranty Savings Bank President and CEO.  “We appreciate his help to grow the bank’s loan and deposit relationships and grow our support of local families, businesses, and communities.”

Jeneil McAllister, VP and Information Security Officer Jeneil McAllister was promoted from Network Security Officer.  She started with the bank in 1986 in the NOW/Bookkeeping Department.  Since then, she has served in many roles including Data Processing Manager, Assistant Branch Operations Manager, PC/Network Administrator, and Network Security Officer.  In making the appointment, the Board recognized Jeneil for her contributions to the bank’s Information Technology area. 

 “Jeneil has shown great leadership and skill in making sure that the bank’s resources meet the needs of our customers and our employees,” said Graham.  “She has played a key role in our ability to manage growth and implement new technologies in recent years and will continue to do so as we meet similar challenges in the future.”       


Alison Bruce of E. Corinth Joins Senior Management Team

[Woodsville, NH: August 23, 2018] James E. Graham, President and Chief Executive Officer of Woodsville Guaranty Savings Bank announced the addition of Alison Bruce of East Corinth, VT to the bank's Senior Management team. 

Alison was hired as Vice President and Compliance and Risk Specialist and will take over the duties of Vice President and Compliance Officer Wendy Hazlett when Wendy retires at the end of 2019. 

Alison joins WGSB from Ledyard Bank, where she was Senior Vice President and Senior Operations Officer.  Professionally, she has been a banker for nearly twenty years.  Specializing in compliance and risk management, she has held many retail banking positions along the way, including teller, CSR, and branch manager. She is a graduate of Community College of Vermont and Stonier Graduate School of Banking, and earned a Leadership Certificate from the Wharton School of Business at University of Pennsylvania.  She attended many compliance and risk schools and conferences, and holds a Certified Regulatory Compliance Officer certificate from the Institute of Certified Bankers and a Certified Community Bank Compliance Officer certification from the Independent Community Bankers Association.  She is also a member of the Waits River Valley School Board in East Corinth.

“While compliance work is done mostly behind-the-scenes, Alison’s front-line experience, working directly with customers, is a real asset to her and will help the bank continue to meet changing regulations, while having the least impact on customers and staff,” said Graham.


Promotions Announced at WGSB

[Woodsville, NH – July 12, 2018] James E. Graham, President and CEO of Woodsville Guaranty Savings Bank, announced several employee promotions approved by the bank’s Board of Directors at the Annual Meeting of Shareholders.    

Collage of 4 pictures with images of employees recently promotedAmy Crocker was promoted to Assistant Vice President and Financial Analyst.  Amy joined the bank in 2000 as a teller in the Lisbon office.  In 2006, she transferred to the Finance Department where she was soon promoted to Financial Analyst.  Amy coordinates the activities, duties and functions of the Finance Department, and is responsible for the financial reporting and analysis for the bank and its holding company.  

Rena Woods was promoted to Indirect Loan Officer & Collections Officer. Rena joined the bank’s Loan Operations Department in 1993.  Since 1996, she has been responsible for all the bank’s indirect loan activities, including loan decisions and services to auto, recreational, and equipment dealers throughout the region. During the past nine years, Rena also served as Branch Manager of the bank’s Lisbon office. 

Linda Bunnell was promoted to Assistant Vice President & Fiserv Liaison Project Coordinator.  Linda joined the bank in 2010 as the Core Server Specialist and was promoted to Core Server Administrator in 2013. Since that time, she has been a key player in many significant projects with the bank’s information systems provider, Fiserv.  Linda is responsible for the coordination of all Fiserv related installations and upgrades, working closely with the vendor and employee product owners, as well as serving as an advisor to all departments on any Fiserv related services.

Matthew Smith was promoted to Assistant Vice President & Network Manager.  Matt joined the bank in 2003 as PC Administrator.  He has held various titles since then, as his responsibilities increased within the Information Technology department and, in 2014, was promoted to Network Manager.  In recent years, Matt has assumed a leading role in the enhancement and build-out of the bank’s network infrastructure, often performing installations and upgrades previously subcontracted to network engineers.  Additionally, he takes a leading role in security enhancements and overseeing the bank’s vast network resources.

WGSB Announces Opening of Hanover Lending Office

[Woodsville, NH – February 27, 2018] Daniel Stannard, Senior Vice President and Senior Lending Officer for Woodsville Guaranty Savings Bank announced the opening of a business lending office in Hanover. The office is located at 17 ½ Lebanon Street, on the second floor, above Four Seasons Sotheby's International Realty.

Woodsville Guaranty Savings Bank’s Hanover location will provide convenient meeting space for a variety of the bank’s business purposes in the area. In addition, trust officer Randall Saulnier of Community Financial Services Group, the bank’s trust and investment management affiliate, will use the conference area to meet with clients. The location will also serve as a satellite office for bank employees who live in the Hanover and surrounding area.

“Approximately 20% of the bank’s loan portfolio is made up of commercial and residential mortgage relationships in the Hanover, Lebanon, and surrounding area, so the time is right to have a constant presence within the community,” said Stannard.

The Hanover office is currently open by appointment only. For information or to make an appointment to discuss your business needs, contact Dan Stannard at 603-747-2735. 

Charles (Chuck) Butson Elected Chair of Bank's Board

[Woodsville, NH – January 26, 2018] James E. Graham, President and CEO of Woodsville Guaranty Savings Bank, announced today the election of Charles “Chuck” Butson to the position of Chair of the Board of Directors of Woodsville Guaranty Savings Bank and Guaranty Bancorp, Inc. Chuck’s promotion fills the seat vacated by long-time Chair, Walter Young, who recently retired.

A native of Woodsville, Chuck is Managing Partner of Butson Hotel Investments and Butson Hotel Management, both headquartered in Essex, VT. Elected to the board in 1990, he has helped the bank navigate significant changes and growth during the past 28 years.

Chuck is the second Butson to serve as Chair of Woodsville Guaranty Savings Bank’s Board of Directors. His father, C. Lincoln Butson, also served the board 1966-1989, as Chair from 1983 until his retirement.

“Chuck’s local roots, entrepreneurial spirit, management style, and commitment to the value of community banking have made his contributions invaluable to the bank for nearly three decades,” said Graham. “We look forward to his continued support and guidance in his new role as Chair.”

“To me, it’s about service: service to the community and to the bank that is such an important part of the community,” said Chuck of his new position. “As Chair, I will work with my fellow board members to ensure effective governance of the bank, while giving its terrific management team the tools it deserves to keep WGSB strong and responsive to the people, businesses, and others that rely on it.” 

Bud Crane of Plymouth Elected to WGSB's Board of Directors

[Woodsville, NH – December 15, 2017] James E. Graham, President and CEO of Woodsville Guaranty Savings Bank, announced today the election of Francis “Bud” Crane of Plymouth, NH to the Board of Directors of Woodsville Guaranty Savings Bank and Guaranty Bancorp, Inc.

Bud is the president and owner of Andrews Construction Co., Inc., a sitework and concrete company, located in Campton. Bud founded Andrews Construction in 1978 with one employee and has grown the business to one that employs 45 people. His commitment to quality work, timeliness, integrity, and safety has made Andrews Construction a highly respected company with commercial, residential, institutional, and municipal clients throughout New Hampshire.

Bud is a graduate of Plymouth State College and has a long list of industry related certifications and licenses. He is active within the construction industry as a member of the Associated Builders and Contractors NH/VT Chapter and currently serves on the board of its NH Workers’ Compensation Self Insurance Group. In addition, he is a past member of the Colby Sawyer College Facilities Advisory Committee. 

“We are so pleased to have Bud join our board,” stated Graham. “His business acumen and experience are valuable to our management team, and his influence within the Plymouth community makes him a great spokesperson for the bank within the area. He will be an excellent addition to the bank’s Board of Directors.”

“It is a real honor to join the bank’s board,” said Bud. “As a business owner and bank customer, I know first-hand how WGSB’s expertise and responsiveness can contribute to the success of local businesses of all sizes. I look forward to working with the bank’s Board of Directors to help grow the bank, while maintaining the high level of service it provides.”


WGSB Announces New Year of High School Banking Program

[Woodsville, NH – August 2017] Students at area high schools have the opportunity to learn about saving and maintaining good credit thanks to a program called How To Do Your Banking. The seven-part financial skills course is funded by Woodsville Guaranty Savings Bank and provided free of charge to area high schools for 11th and 12th grade students.

Woodsville Guaranty Savings Bank’s How To Do Your Banking program teaches students valuable, practical financial lessons including how to open and manage a checking account, making and sticking to a budget, and building and maintaining good credit. In addition to a workbook program, videos are available to reinforce important topics, such as the loan application and qualification process. Bank employees are also available to make in-class presentations on related topics, by teacher request.

Since Woodsville Guaranty Savings Bank first introduced this program in 1995, How To Do Your Banking has reached more than 13,700 students, with 500 students expected to complete the course during the next school year. 

“It’s so important that kids have the skills they need to make good financial choices before they leave home for work or college,” said Jim Graham, President of Woodsville Guaranty Savings Bank. “We’re very happy to give young people this chance to practice money management in the classroom, where mistakes won’t cost real dollars.” 

Woodsville Guaranty Savings Bank’s How To Do Your Banking program is being used by teachers at thirteen area high schools, including: Blue Mountain Union School, Connecticut River Academy, Davenport School, Lisbon Regional School, Littleton High School, Littleton Academy, Oliverian School, Oxbow High School, Plymouth Regional High School, Profile High School, Rivendell Academy, White Mountains Regional High School, and Woodsville High School. 

Tricia Fryman Promoted to Assistant Vice President

[Woodsville, NH: May 19, 2017] James E. Graham, President and Chief Executive Officer of Woodsville Guaranty Savings Bank (WGSB) announced the promotion of Tricia Fryman to Assistant Vice President/Regional Branch Manager.

Tricia works from the bank’s Meadow Street, Littleton office and is responsible for providing management support to the bank’s Littleton/Meadow and Cottage Street offices, Franconia office, and Lancaster office. She also works closely with the retail team to support its many business and community development activities. Her promotion was approved by the bank’s Board of Directors at its Annual Meeting, held May 11.

Tricia joined the bank in 1999 as a teller/CSR at the Lancaster office and transferred to the Littleton/Cottage Street office the next year as a CSR. There, she was promoted to Branch Supervisor (2004) and to Branch Manager (2006). In 2012, she accepted the position of Branch Manager for both the Cottage and Meadow Street offices in Littleton, and in 2016, was named Regional Branch Manager.

“Each step of the way and through many large projects, including the recent relocation of the Meadow Street office, Tricia’s skill, attention to detail, and follow-through have made her a great asset and resource to the bank, her co-workers, and our customers,” said Graham. “We appreciate her many contributions and her ongoing support of the bank’s northern operations.”

In addition to her work here at the bank, Tricia is currently Vice President of the Littleton Area Chamber of Commerce and serves on its Membership Committee. She also volunteers with Granite United Way, serving on the Campaign and Community Impact cabinets, helping to both raise funds and distribute those funds to local community organizations. 

Federal Reserve Bank Names WGSB President to Advisory Board

[Woodsville, NH: March 2, 2017] The Federal Reserve Bank of Boston recently announced the appointment of four new members to the First District Community Depository Institutions Advisory Council (CDIAC), including James E. Graham, President and Chief Executive Officer of Woodsville Guaranty Savings Bank. Other new members are Ellen N. Ford, President and Chief Executive Officer, Peoples Credit Union, Middletown, RI, Robert Miller, President and Chief Executive Officer, VSECU, Montpelier, VT, and Brian J. Murphy, Chairman and Chief Executive Officer, Home Loan Investment Bank, Warwick, RI.

President James Graham in front of the Operations building.Established by the Federal Reserve Board of Governors in 2010, the CDIAC provides a diverse perspective on the economy, lending conditions, and other issues facing thrift institutions, credit unions, and community banks with different charters and regulators (including state member, state nonmember, and national banks). CDIAC members represent the six states in the Federal Reserve's First District: Connecticut (excluding Fairfield County), Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont.

"Members of the CDIAC represent community financial institutions from the cities and towns that form the backbone of the New England economy," said Eric S. Rosengren, President and Chief Executive Officer of the Federal Reserve Bank of Boston. "The Council members provide valuable perspectives that inform the Boston Fed's mission of public service across the region."

For more information, visit the Federal Reserve Bank of Boston's website here:

WGSB Counts Touchdowns for Donation to Local Seniors

[Woodsville, NH: February 22, 2017] Local football fans have one more reason to be excited about the New England Patriots’ championship season.

In September, Woodsville Guaranty Savings Bank (WGSB) announced it would donate $100 for each touchdown scored by the New England Patriots during the season to Grafton County Senior Citizens Council (GCSCC), for the benefit of three local senior centers, Littleton, Plymouth, and Horse Meadow in North Haverhill. Today, Woodsville Guaranty Savings Bank presented GCSCC with a check for $6,833.31, the total of 63 season touchdowns and additional donations from the bank’s employees and customers. Split three ways, each of the senior centers received a check for $2,277.77.

“These senior centers provide so many critical services to the community, in the form of meals, activities, companionship, and resources,” said James Graham, President and Chief Executive Officer of Woodsville Guaranty Savings Bank. “While we support their efforts in many ways, we knew this would be a unique way to support them this year, and would bring our employees and community together for a cause that’s important to us all.”

“We are thrilled to be the beneficiaries of your generosity,” said Roberta Berner, GCSCC Executive Director. “The bank’s contribution will have a great impact on the thousands of older adults we serve through these three locations.”