MANCHESTER, NH (April 23, 2020) — St. Mary’s Bank, the nation’s first credit union, has been named a 2019 top 10 outstanding lender by New Hampshire Housing Finance Authority for its success in helping homebuyers obtain affordable financing.

“We are honored to be recognized as a top affordable housing lender for the tenth year running,” said Karen Mayrand, St. Mary’s Bank Senior Vice President and Director of Residential Lending. “Helping first-time and lower-income homebuyers is always a priority for us. Through partnerships with organizations like New Hampshire Housing, we help ease the financial pressures of taking on a first mortgage.”

The Mortgage Center at St. Mary’s Bank participates in New Hampshire Housing’s Preferred Home Lending, Home Flex, and Home Flex Plus Programs. These programs make homeownership possible for low- to moderate-income households through low, fixed interest rates; low down payment requirements; and assistance grants to use toward down payment and closing costs. Most condominiums and one-to-four-family homes qualify for these programs.

Front row: Karen Mayrand, Director of Residential Lending (left), and Howard King, Residential Loan Originator (right); Middle row: Judy Kurisko-Leclerc, Assistant Vice President Senior Residential Loan Originator (left); Back row: Sunshine Voisine, Residential Loan Originator (left) and Rich Haney, Assistant Vice President, CMP Senior Residential Loan Originator (right). Karen Mayrand leads a team of 12 mortgage specialists with Mortgage Centers in Manchester, Concord, Nashua, and Portsmouth.

About St. Mary’s Bank
St. Mary’s Bank is a full-service, not-for-profit financial cooperative with branch locations in Manchester, Hudson, Londonderry, Milford, and Nashua and dedicated mortgage centers in Nashua, Concord, and Portsmouth, offering mortgage loans in New Hampshire, Maine and Massachusetts. Founded as the nation’s first credit union in Manchester in 1908 and still headquartered there today, St. Mary’s Bank emphasizes a long tradition of service excellence, convenience, and value in its delivery of progressive banking products and services that help members save, invest, borrow, plan, insure, and retire. Forbes Magazine recently ranked St. Mary’s Bank the number one credit union in New Hampshire for overall recommendation, satisfaction, and trust.

 

About New Hampshire Housing Finance Authority
As a self-supporting public corporation, 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