June 12, 2019
Announcements
John B reported that a donated Sailboat we received some time ago was finally sold and the funds will be deposited into our general account.
Andy shared the Bingo schedule and they are still looking for volunteers for the 27th of June and the 4th of July. Tom informed us that the Memo of understanding was signed with the Dover club through September.
Providing Breakfast next week is Chuck G.
Pres. Tom asked the club to help find presenting guests for the coming months, we are covered through June but will need more for the coming year.
Newmarket High School Scholarship presentation is this Thursday, June 13. Phil volunteered to present.
June 27th is our club Changing of the Guard dinner at Josiah's Meeting Place. It is 6-9pm potluck style dinner. Casual dress. No regular meeting on Wednesday that week.
June 22nd is the District Rotary conference. Attendance is encouraged and it is a family event with partners and kids welcomed. Bill will be attending the volunteer work party on the 21st and offered to carpool with anyone else going. Check the district website for more information.
Fireworks - Will reports that we are still far behind on sponsors and donations. We have approximately $11,000 pledged but only $7,500 received. Tom encouraged the club members to work hard on finding sponsors. Please contact Will to find out how you can help.
Little Free Library - Phil reported that we had several boxes close to being done. They will have a few more work parties, the next on this Saturday 9-11. Phil asked for more help to get them done.
Program
Jim Brennan from Federal Savings Bank came to present to us where FSB is currently and where they are going to remain a viable and thriving financial institution. Jim has been in banking since 1984 and has seen many changes in banking in that time.
FSB is a 130 year old institution. This summer they are making several changes to remain viable. Firstly they will be re-branding to First Seacoast Bank. The feel that this will reflect that they remain a local institution serving the seacoast area. The new brand will have a broader appeal to the local market. The new name will also allow them to remain "FSB" as a recognized locally. Secondly, they will have a new structure with a Mutual Holding Company. This will allow the bank to offer stock and be an IPO. This in turn allows more growth and capital for their members. They will also be adding a new charitable organization under the parent company.
Their hope is that these changes will allow them remain a main street style bank with the personal touch their members are accustomed to and will hopefully attract new clientele.
Megabucks: $340.00
Editor: Stephanie
