For
Immediate Release
WOLFEBORO – A group of local
investors led by founder Brian Underwood has raised over $2.6 million in thirty
days to start a new local bank entity: GreatWaters Bank & Trust. Recently,
Peter Alden joined the start-up. Mr. Alden most recently served as President
& CEO of the former Community Bank & Trust Company in Wolfeboro.
The
proposed bank is subject to state and federal approvals. Upon approval,
GreatWaters Bank & Trust Company will be centrally located at the corner of
Center and Pine Streets on the current Wolfeboro Croquet Club. A public stock
offering is anticipated in the first quarter of 2008. Any offering of bank
shares will be made pursuant to a written circular offering. Additional
information can be found at the proposed bank’s website www.greatwatersbank.com.
For
Immediate Release
WOLFEBORO – A group of local
investors led by founder Brian Underwood has raised over $2.6 million in thirty
days to start a new local bank entity: GreatWaters Bank & Trust. Recently,
Peter Alden joined the start-up. Mr. Alden most recently served as President
& CEO of the former Community Bank & Trust Company in Wolfeboro.
The
proposed bank is subject to state and federal approvals. Upon approval,
GreatWaters Bank & Trust Company will be centrally located at the corner of
Center and Pine Streets on the current Wolfeboro Croquet Club. A public stock
offering is anticipated in the first quarter of 2008. Any offering of bank
shares will be made pursuant to a written circular offering. Additional
information can be found at the proposed bank’s website www.greatwatersbank.com.
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