Our History

Thanks to the strengths and capital backing of our sister banks, MVSB, Merrimack County Savings Bank and Savings Bank of Walpole, NHTrust is even better able to offer clients depth and experience in financial advisory* and trust services throughout the state of New Hampshire and beyond.

MillRiver Wealth Management joined sister banks, Merrimack County Savings Bank and Meredith Village Savings Bank as the third subsidiary of New Hampshire Mutual Bancorp on April 1, 2015. MillRiver combined the financial advisory divisions and trust department of the Merrimack and MVSB and expanded the delivery of the Merrimack’s proprietary investment management and trust services to MVSB. The Merrimack’s roots in the wealth management business date to Oct. 2002 and the Merrimack obtained trust powers from the State of NH in 2007. Savings Bank of Walpole joined the New Hampshire Mutual Bancorp in July of 2019.

NHTrust was formed on January 1, 2020 when MillRiver Wealth Management purchased The New Hampshire Trust Company and merged it and the Savings Bank of Walpole’s Wealth Management business with and into MillRiver and the combined entity changed its legal name to New Hampshire Trust.

The original New Hampshire Trust Company of Keene NH, initially chartered in June of 2002, had been a state-chartered trust and investment management firm, serving individual investors, corporations and non-profits. They were unique among fiduciary and investment advisors for their combination of strategic partners which include highly successful, locally focused independent trust specialists, as well as a larger team of expert New Hampshire-based trust and wealth management professionals.

NHTrust optimizes the strengths of each founding organization, serving customers with leading-edge advice, enhanced technology, as well as a continued focus on local, personal service in communities throughout the state. The organizations previously enjoyed similar corporate structures and cultures, with complementary market areas. This new affiliation allows NHTrust to enhance the services that were already being provided to customers, staff and individual communities.

HISTORY

1867 Merrimack County Savings Bank is founded.

1869 Meredith Village Savings Bank is founded.

1875 Savings Bank of Walpole is founded.

2002 The New Hampshire Trust Company is chartered as a trust and investment management firm, serving individual investors, corporations and non-profits. They were unique among fiduciary and investment advisors for their combination of strategic partners which include highly successful, locally focused independent trust specialists, as well as a larger team of expert New Hampshire-based trust and wealth management professionals.

2013 Meredith Village Savings Bank and Merrimack County Savings Bank create a formal relationship as NH Mutual Bancorp. The first relationship of its kind in northern New England, NHMB companies share support services such as human resources, information technology, marketing, finance, risk and compliance, deposit operations, loan operations and digital banking to provide overall efficiencies and best in class solutions for customers. Through this strategic alliance, each affiliate is positioned to leverage each other’s strengths as they work together to advance a shared vision of maintaining and enhancing community banking standards and values.

2015 MillRiver Wealth Management joined sister banks, Merrimack County Savings Bank and Meredith Village Savings Bank as the third subsidiary of New Hampshire Mutual Bancorp on April 1. MillRiver combined the financial advisory divisions of the Merrimack and MVSB and expanded the delivery of the Merrimack’s proprietary investment management and trust services to MVSB.

2018 Savings Bank of Walpole joins New Hampshire Mutual Bancorp (NHMB) as a third sister bank.

2020 NHTrust is formed when MillRiver Wealth Management purchased The New Hampshire Trust Company and merged it and the Savings Bank of Walpole’s Wealth Management business with and into MillRiver and the combined entity changed its legal name to New Hampshire Trust (NHTrust).

2021 In addition to the established offices in Concord and the Lakes Region, NHTrust now has offices in Keene located at 255 West Street (Keene Trust office) and also at the Savings Bank of Walpole office at 84 Marlboro Street.