Banking and financial services in New Hampshire: Local banks and credit unions available. No state income tax. Limited sales tax impacts. Online banking widely accessible. Home loan rates competitive. Personal banking assistance provided. Investment services offered. Major national banks present. Financial advisors readily available. Mobile banking applications supported.
Local banks and credit unions available.
In New Hampshire, several prominent credit unions offer a range of financial services, including Service Credit Union, the largest with over 355,000 members, St. Mary's Bank, the first credit union in America, and others like Northeast Credit Union, Triangle Credit Union, and Granite State Credit Union. Each serves various membership fields and provides services such as loans, savings accounts, and investment options. For more details on these institutions, visit the Top New Hampshire Credit Unions page.
No state income tax.
The New Hampshire Banking Department oversees state-chartered financial institutions, including banks and credit unions. The state's attractive financial environment is partly due to the absence of a state income tax, which can make banking and financial services more appealing to residents and businesses. This tax advantage is not directly managed by the banking department but is a significant factor in the state's economic landscape.
Limited sales tax impacts.
The New Hampshire Banking Department plays a crucial role in overseeing state-chartered financial institutions within the state. While its primary responsibilities encompass regulating and supervising banks, credit unions, and other financial entities, there is no specific mention of the department concerning limited sales tax impacts. This is due to the department's focus being more on the financial regulation side rather than addressing sales tax policies. For a deeper understanding of the department's overall functions and commitments, visit the New Hampshire Banking Department page on Wikipedia.
Online banking widely accessible.
Online banking in New Hampshire is widely accessible through various financial institutions. Banks such as the Bank of New Hampshire provide customers with 24/7 access to account management, mobile deposits, bill payments, and other essential financial services via both their website and mobile app. Another option is Northway Bank, which offers comprehensive Online Banking services, allowing customers to manage their accounts, pay bills, deposit checks, and transfer funds conveniently using any internet-enabled device. Additionally, Primary Bank offers free 24-hour online banking access that enables customers to securely view account balances, transfer funds, place stop payments, and pay bills directly through their website.
Home loan rates competitive.
As of December 2024, home loan rates in New Hampshire are competitive, with average APRs for 30-year fixed mortgages around 6.15%, and rates varying by loan type, credit score, and lender, allowing homebuyers to compare and find the lowest possible rates. For more detailed information and to explore current mortgage options, visit Zillow's Mortgage Rates page, which provides valuable insights for potential buyers seeking the best available deals.
Personal banking assistance provided.
St. Mary's Bank offers personal banking assistance through various channels, including 24/7 online and mobile banking for transactions like balance inquiries, transfers, and loan payments, as well as secure chat and phone support for account-related questions. Meanwhile, Northway Bank provides comprehensive online banking services, allowing users to manage accounts, pay bills, deposit checks, and perform other routine transactions around the clock, with additional support available through their Customer Service Center and local branches. Mascoma Bank offers a range of personal banking services, including flexible financing options for loans, mortgages, and checking accounts, with a focus on personal service and community support in Northern New England.
Investment services offered.
Cohen Investment Advisors in Bedford, NH, offers comprehensive investment services, including retirement planning, investment management, tax optimization, and estate planning, tailored to individual and business clients' unique financial goals. In a similar vein, Fiduciary Trust of New England provides personalized investment advice, custom portfolios, and wealth planning services. Their offerings include tax minimization strategies and trust services, designed to help clients manage and grow their assets effectively. Meanwhile, Bank of New Hampshire's BNH Financial Services extends a range of investment services such as mutual funds, IRAs, annuities, life insurance, real estate investment trusts, and individual stocks and bonds, complemented by online account access and financial management support.
Major national banks present.
Major national banks present in New Hampshire include Bank of America and Citizens Bank, both offering a wide range of financial products and services. These include accounts, investments, loans, and more, with extensive branch networks across the state and beyond. For a comprehensive list of the Best Banks In New Hampshire, you can explore various options available that cater to diverse financial needs.
Financial advisors readily available.
New Hampshire boasts a variety of fee-only financial advisors, including those from Northstar Financial Planning, Bartley Financial Advisors, and Milestone Financial Planning. These advisors specialize in comprehensive financial planning, retirement planning, investment management, and tax planning, providing their services to clients both locally and nationwide. For more information on finding a financial advisor in New Hampshire, visit the Fee-Only Network, which connects individuals with qualified professionals in the area.
Mobile banking applications supported.
The Bank of New Hampshire's BeMobile Banking app offers a range of features designed to enhance your banking experience. Among its many capabilities are mobile check deposits, bill payments, fund transfers, and account alerts. Additionally, users can easily access their transaction history and find nearby office locations or ATMs. All these services are protected with industry-leading security measures, ensuring your financial information remains safe. Explore more about the app and its features on the Bank of New Hampshire's official site and start managing your finances with ease.