We have exciting news: First Colebrook Bank will soon be Granite Bank!
On March 16, First Colebrook Bank is changing its name to Granite Bank. "Only our name will change. Who we are won’t change at all. We’ll still be the same local, New Hampshire-owned community bank you have trusted for 125 years. You’ll see the same friendly faces and experience the same excellent products and services,” stated Loyd W. Dollins, President and CEO.
The First Colebrook Bank was established in Colebrook, New Hampshire in 1889. We are still making loans to small businesses, meeting the financial needs of families and helping New Hampshire prosper. Our North Country bank has expanded in recent years to markets including, Amherst, Concord, and Portsmouth and continues to serve the banking needs of individuals and small businesses across the state. “The name Granite Bank better reflects our statewide presence,” explained Dollins.
The adoption of the Granite Bank name is simply a name change and is not the result of any form of change in ownership or management. The original Granite Bank was sold many years ago and the Granite Bank name became inactive. First Colebrook Bank was able to acquire the rights to the name.
The name change will have minimal impact on customers and no affect on staffing. Online banking will continue to function just as it does today. Mobile Banking will be added for customer convenience, and Granite Bank looks forward to unveiling our enhanced website in mid-March.
It is not necessary for customers to take any action as their existing checks and debit cards will continue to work as they always have. Customers can simply substitute “Granitebank.com” for “Firstcolebrookbank.com” in an employee’s email address. Though, email sent to a First Colebrook Bank address will be forwarded initially.
From small business loans to mortgages to checking accounts, Granite Bank will continue working hard to be your first choice when it comes to personal attention. We are proud to serve the banking needs of local families and small businesses across the Granite State.
Please see the Name Change Facts under Quick Links to read the Frequently Asked Questions regarding the name change.
Frequently Asked Questions
When will First Colebrook Bank become Granite Bank?
March 16, 2015
Why is First Colebrook Bank changing its name?
The First Colebrook Bank was established in Colebrook 125 years ago. The bank has expanded into other
New Hampshire markets in recent years and the Granite Bank name better reflects our statewide presence.
Was the bank acquired?
The adoption of the Granite Bank name is simply a name change and is no way an acquisition. There has been
no change in ownership. The bank desires to remain an independent community bank.
How will the name change affect customers?
There will be minimal impact on customers.
How do I access my online banking?
You will be able to access your online banking as you do today or by entering www.Granitebank.com. Either
way you will continue to use your current login and password. The online banking will continue to function
just as it does today.
Will I need to order new checks, new debit or ATM card?
You can continue to use your checks. Your card will be replaced just prior to the expiration date reflected
on the card.
Will there be any change to FDIC insurance coverage?
There will be no change in your FDIC insurance coverage.
Will there be any change in staffing?
The name of the bank is changing, but this will have no impact on staffing.
Will you still offer all of the same products and services?
There are no changes anticipated to our current products and services. However, we will be adding Mobile
Banking for your convenience.
I currently have direct deposit. Do I need to make any changes to continue receiving my direct deposit?
No, you do not need to make any changes.
Do you plan to expand further?
While we have no immediate plans for opening additional branches, we continue to look for opportunities
to grow our bank.
Wasn’t there another bank called Granite Bank in the past?
The original Granite Bank was acquired many years ago and the Granite Bank name became inactive. We
were able to acquire the rights to the name. The name Granite Bank is an extremely appropriate name for
our statewide community bank.
When will signage and other bank materials be updated?
Bank signage will be replaced along with brochures and other marketing materials on or about March 16, 2015.
What e-mail address will I use to contact an employee?
You can simply substitute “Granitebank.com” for “Firstcolebrookbank.com” in an employee’s email address.
Emails sent to an FCB address will be forwarded initially.
Will you have a new website?
We look forward to unveiling our enhanced website in mid-March.
Please be advised that due to a high risk of potential fraud, you may be required to enter your PIN when completing debit card transactions in certain states. We ask that you notify us in advance if you are planning to travel. If you have any questions or would like more information regarding states that may be considered high risk for fraud, please feel free to contact your local branch or call us at 1(888)225-1782.