Primary Bank is business focused and knows every business should have an opportunity to grow. Driven by an unparalleled entrepreneurial spirit, the leadership team formed Primary Bank to protect the power of local banking and local decision making. Primary Bank delivers a wide range of financial services for businesses and individuals in Southern New Hampshire and is a valued community partner.
Primary Bank is a community bank, which means we are committed to supporting the banking needs in our surrounding cities and towns. As a community bank, Primary is actively involved in community development through small business loans and reinvestment.
Our Mission
Primary Bank, a locally owned entrepreneurial bank, is committed to serving the financial needs of our communities and delivering an exceptional banking experience.
Local
Our local decision-making enables us to react quickly. Armed with that nimble approach, our direct knowledge of the Granite State business climate provides valuable expertise to customers and shareholders alike. We are a truly local bank founded by New Hampshire business people, to serve New Hampshire business people. In fact, 95% of the funds held at Primary Bank are reinvested directly back into businesses in the Granite State.
Creative
At Primary Bank we recognize small businesses are the cornerstone of New Hampshire’s economy. They make up 99% of the companies in New Hampshire and employ more than half the state’s workforce. We pride ourselves on our exceptional, best in class client service and always start with “YES.” You can count on us to find creative solutions to help businesses achieve their goals.
Entrepreneurial
Our mission is to serve the financial needs of the business community, and we fulfill that mission, in part, through community reinvestment. In the past 10 years, Primary Bank has reinvested more than $1 billion dollars into New Hampshire’s economy. We have helped businesses across the spectrum from housing, social assistance and healthcare, to hospitality, construction and manufacturing.
Better Banking
When examining options for banking services to support the growth of your business, consider a truly local bank that supports your community, builds strong relationships, and provides clients with the security of strong financial health.
Historical Highlights and Milestones
Since our inception, Primary Bank has achieved significant milestones that reflect our growth and dedication to our local communities.
- 2024 - Recognized as Granite State Development Corporation’s “Top Lending SBA Partner,” reinforcing our position as a leader in supporting small businesses through the Small Business Administration (SBA) lending program.
- 2024 - Primary Bank Named Top Performing Bank in New Hampshire by Capital Performance Group as one of the top-100 publicly traded banks in the United States, with assets under $2 billion. When compared to other publicly traded banks, the banks that made this year’s list posted stronger growth across several categories. Primary Bank is the only bank in the State of New Hampshire recognized for its performance.
- 2023 - Honored as one of Business NH Magazine’s “Best Companies to Work For.” We are committed to fostering an engaging and supportive workplace culture, understanding that fulfilled employees drive organizational success.
- 2023 - Named Best Performing Bank in the Northeast by S&P Global. S&P Global Market Intelligence ranked Primary Bank the #1 performing community bank in the Northeast with assets under $10 billion. 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.
- 2020-2021- During the coronavirus pandemic, Primary Bank demonstrated its dedication to the community by approving over $200 million in Paycheck Protection Program (PPP) loans. This proactive approach went beyond processing inbound inquiries; we actively reached out to community members and business leaders to ensure that those in need received assistance. This effort not only supported local businesses but also safeguarded jobs and livelihoods.
- 2018-2021- Named the U.S. Small Business Administration’s “SBA Lender of the Year” for four consecutive years.
- Consistently ranked among the healthiest banks in New Hampshire by DepositAccounts.com 2018, 2019, 2020, 2021. Primary Bank has achieved an “A+” health rating and is recognized among the healthiest banks 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.