Savings Bank of Walpole has announced plans to open a new branch in Winchester, its sixth in Cheshire County.
The bank has filed applications with the Federal Deposit Insurance Corp. and New Hampshire Banking Department to open a branch at the recently vacated TD Bank location next to Kulick’s Market.
“TD Bank’s departure left Winchester without a bank, and we immediately began hearing from businesses, individuals and town officials asking Savings Bank of Walpole to consider opening a branch in Winchester,” said Mark Bodin, president of the bank. “The Monadnock Region is our home, and we felt a sense of duty to explore how we can expand to serve Winchester and the surrounding area.”
He said support from the businesses, residents and town leadership “played a big role in our decision to move forward.”
Savings Bank of Walpole plans to begin work on renovating the branch this summer with an expected opening around Labor Day.