News: Northern New England

Franklin Savings Bank appoints Bozak as senior vice president, chief financial officer and treasurer

Brian Bozak, Franklin Savings Bankj Brian Bozak, Franklin Savings Bankj

Franklin, NH According to Franklin Savings Bank president & COO Ron Magoon, the bank has hired Brian Bozak to fill the role of SVP, chief financial officer and treasurer. In his role, Bozak will primarily be responsible for investment portfolio management, financial reporting and analysis, budgeting, asset/liability management and internal control.

Bozak brings over 14 years of banking experience to this position.  Prior to joining FSB, he was chief financial officer with Flagship Community Bank located in Clearwater, Fla.  He also previously held positions in accounting and operations with American Momentum Bank of Tampa, Fla., First Community Bank of America based in Pinellas Park, Fla., and Premier Community Bank of Clearwater, Fla. 

“Brian is a CPA and has an extensive educational background in accounting and finance.  His expertise and experience will be instrumental in leading the bank forward in our finance department,” said Magoon, “We are excited to have him as a member of our team.”

Bozak has an MBA in international business and an M.S. in accountancy from Schiller International University located in Dunedin, Fla.  He is also a CPA and is licensed in Florida and The Commonwealth of Massachusetts.

Incorporated on June 30, 1869, Franklin Savings Bank has been a mainstay in Central NH for over 145 years. We started small, opening our doors for business on October 1, 1869, with a single employee, Nathaniel H. Sanborn. Our first business was transacted on opening day with a $10 deposit; our first loan was made on October 18th in the amount of $225.

Throughout the years, our Bank has grown from this single employee to five employees in 1913, twelve employees at our 100th anniversary in 1969, to the current team of employees totaling 110.

The first Franklin Savings Bank location was in Sanborn’s Store at the intersection of East Bow and Central Sts. In the spring of 1886, construction of the new bank building occupied by Franklin Savings Bank and the Franklin National Bank began. On April 1, 1961, construction of the pink granite facing began. In the fall of 1994, Franklin Savings Bank purchased the former Franklin National Bank (First NH Bank) building and renovations brought the two buildings together as one.

In addition to the expansion of the main office, growth of Franklin Savings Bank was witnessed through the growth of our branch network. To review the history of our current offices:

• April 1982: the first FSB branch office opened for business on Upper Central St. in Franklin

• June 1985: FSB’s Bristol Office opened its doors to serve customers in the former Public Service Co. building on Lake St. in Bristol

• January 1999: at the corner of Rtes. 3 & 11 at Exit 20, we opened our Tilton office

• August 1999: customers began enjoying 24/7 banking convenience with I-Bank24 online banking

• January 2003: the Town of Boscawen welcomed Franklin Savings Bank’s southernmost, full service office

• September 2006: the historic railroad station became home to FSB’s new Laconia office

• May 2007: Franklin Savings Bank built a new office building just off the bypass on Rte. 11A in Gilford

• April 2012: opened a lending office in Coldstream Park, Bedford; a move in April 2015 to Bedford Commons will allow for additional office and meeting space

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