Merrimack County Savings Bank Announces New Board Chair and New President

CONCORD, NH - November 26, 2007 - The Board of Directors of Merrimack County Savings Bank has elected Ronald A. Wilbur of Concord as Chairman of the Board and Chief Executive Officer and Paul C. Rizzi, Jr., of Bow as President and Chief Operating Officer.

Wilbur came to Merrimack County Savings Bank in 1988, serving as President and CEO from 1990 until his recent election as Chairman of the Board and CEO. Long active in banking industry trade associations and currently on the Board of Directors of the American Bankers Association, he serves as a member of the ABA’s Government Relations Council and as a member (and Past Chair) of the ABA’s Mutuality Advisory Council. Mr. Wilbur has served as Chair of New Hampshire Bankers Association (NHBA) and Chair of the NHBA Legislative Committee. He has been involved with numerous civic and non-profit organizations and is Trustee and Past Chair of Concord Hospital and past chair of the Greater Concord Chamber of Commerce. Wilbur resides in Concord with his wife, Donna.

Rizzi came to Merrimack County Savings Bank in 1996 with a number of years of banking experience, including, most recently, as Senior Vice President at Bank Boston in Nashua. He received degrees from Dartmouth College and UNH Whittemore School. He is a member of America’s Community Bankers (ACB), Senior Leadership Institute, and an alumnus of Leadership Greater Concord. He is the Director/Administration for the Rotary Club of Bow. Rizzi is a volunteer and member of the Board for the Concord YMCA and former board member of the Bow Athletic Club, Concord Boys & Girls Club, Community Bridges, and United Way of Merrimack County. He resides in Bow with his wife Cathy and sons Nicholas, Alex and Phillip.

Founded in 1867, Merrimack County Savings Bank is a mutual savings bank headquartered in Concord, New Hampshire, with seven full service offices located in Concord, Bow, Contoocook, and Nashua. The bank offers a wide variety of deposit, loan, and convenience services to individuals, businesses and organizations. Deposits are insured by the Federal Deposit Insurance Corporation (FDIC). Bank assets total over $570 million.