Primary Bank
PRMY
Other OTC35.50
USD
+0.25
- -
Primary Bank
PRMY
(Other OTC)
Recent
price
35.50
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
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in mil. unless spec.Growth Rates
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in mil. unless spec.- Similar Companies
- Business
- Primary Bank provides a comprehensive range of financial services focused on small and medium-sized businesses in Southern New Hampshire. The company offers core banking products including commercial and personal checking accounts; savings, money market, health savings, and individual retirement accounts; and certificates of deposit. Its commercial lending solutions encompass SBA loans, working capital and equipment lines of credit, commercial real estate and construction loans, acquisition and development loans, residential subdivision loans, non-owner-occupied multi-family and 1-4 family loans, business term loans, guaranteed loans, and letters of credit. Additional service offerings include cash management and merchant services such as online banking with bill pay, remote deposit capture via mobile phone or desktop scanner, sweep and zero balance accounts, ACH filter fraud protection, positive and reverse positive pay check fraud protection, lockbox services, and merchant services provided through a partnership with OnCore Payment Technologies. The bank also offers Autobooks, a digital solution enabling small businesses and nonprofits to generate invoices, accept digital payments, manage cash flow, automate accounting, and access financial reporting directly through online and mobile banking. Primary Bank operates multiple branches including locations in Bedford, Manchester, Derry, and Nashua, New Hampshire. Founded in 2015 and headquartered in Bedford, New Hampshire, Primary Bank positions itself as a business-focused community bank with a mission to support local businesses and the state economy, reinvesting a significant portion of its funds locally. Recent strategic initiatives emphasize enhancing digital banking capabilities and streamlining payment processing for business customers through partnerships and technology integration, including the Autobooks platform and development of advanced merchant services. Primary Bank maintains a business-friendly fee structure and prioritizes personalized client service with a strong community partnership ethos.
Hometown Financial Group, Inc. Announces Agreement to Acquire Primary Bank and Plan for Mutual-to-Stock Conversion