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At its annual meeting March 9, Manchester Development Corporation (MDC) named Don St. Germain Chairman of the Board of Directors. St. Germain, Executive Vice President and Chief Lending Officer at St. Mary’s Bank, joined the MDC Board in 2015.
 
MDC, a non-profit that supports the economic development initiatives of the City of Manchester, exists to facilitate the highest and best use of the City’s assets for the benefit of all citizens.


Saving money is a simple concept…in theory. So why is it so hard to actually do it? It’s much easier to save when you understand the options for growing your money. We’ve taken the mystery out of three tools that make saving money easy to understand and even easier to do.


St. Mary’s Bank announces the promotion of Ed Muscara to Vice President, Indirect Consumer Lending Manager.
 
With 29 years of dealership and automotive financing experience, Muscara joined St. Mary’s Bank in 2014 as Senior Indirect Business Development Officer. He developed the credit union’s indirect lending automotive dealer base, increasing the number of dealer partners to 575, and ensured lending goals were achieved.


Stories about the high cost of college reach out from headlines seemingly every day. As a small measure to ease this financial challenge for its members, St. Mary’s Bank will award multiple $500 and $1,000 scholarships for the 2018–2019 academic year.
 
“St. Mary’s Bank has many young members who want to further their education, but the rising cost of college can make that difficult,” states Ron Covey, President and CEO of St. Mary’s Bank. “We are thrilled to offer scholarships again this year and play even a small role in helping these students fund their futures.”


Delivering food to homebound residents. Coaching football. Playing in a band that raises funds for Make-a-Wish or music scholarships. These are a few examples of how St. Mary’s Bank employees make a difference in their communities.
 
And what a difference that is. In 2017, St. Mary’s Bank employees generously donated 3,152 volunteer hours valued at $78,479. In all, 89 employees volunteered in their communities, and 29 employees reached the 25-, 50-, and 100-hour levels for the year.

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