Maybe some financial experts can chime in for perspectives.
As a layman. This does not seem to be enhance views of this bank.
On the surface. The name change and sign changes and all associated with such cost the bank. This huge new building in downtonw Laconia must cost some real monies.
Hope the board of directors are not the same folks that were at Lakes Region Hospital. That went bankrupt.
All could potentially cause a "run" on the bank. Making matters worse.
As with most businesses it is people making decisions. Which could cause success or decline.
Time will tell if the managing people of this bank have made good decisions or less than good.
The FDIC does insure some deposits. So I guess my $700.00 at the bank is safe.
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