Jason Hicks Named Executive Vice President at New Hampshire Mutual Bancorp
Jason Hicks has been appointed Executive Vice President at New Hampshire Mutual Bancorp (NHMB). As Executive Vice President, Hicks will be a part of the NHMB Executive Leadership Team and will also continue his roles as Chief Financial Officer and Chief Risk Officer.
In his oversight of Enterprise Risk Management, Hicks ensures that NHMB’s operating procedures for sister companies Meredith Village Savings Bank, Merrimack County Savings Bank, Savings Bank of Walpole and NHTrust provide for the long term security of those companies. He also champions the risk management strategy that directs operational and financial risk for the organization.
As Chief Financial Officer (CFO), Hicks is the senior executive responsible for managing the financial actions of NHMB, the Merrimack, MVSB, Savings Bank of Walpole and NHTrust. His primary duties include policy development and management for all accounting, treasury and investment functions. He also heads the asset and liability management committee for each bank and is responsible for developing and implementing necessary strategies to ensure long term financial stability.
“Jason’s collaborative approach to problem solving makes him the ideal person to join our Executive Leadership Team,” said Gregg Tewksbury, President and CEO of NHMB. “Jason has exceptional knowledge and expertise in risk related to banking including credit, interest rate, liquidity and market value risks. His contribution ensures a balanced approach between efficiency and mitigation. I’m excited to have his perspective and experience in this role as we move our companies forward.”
Hicks joined MVSB in 2009 as Vice President of Finance and Controller at MVSB following an extensive career in public accounting as well as commercial and community banking. He was promoted to Corporate Treasurer and Investment Officer for both MVSB and the Merrimack in 2013. In 2014 Hicks was promoted again to Senior Vice President, Corporate Treasurer and Investment Officer for NHMB. He was appointed to Chief Financial Officer in 2016 and Chief Risk Officer in 2020.
Active in the community, Hicks is currently an investment committee member for Lakes Region Community Developers, and has served previously as their Board Chair and Treasurer. In addition, he is a finance committee member and board director for the Society for the Preservation of NH Forests. He has also served as Vice President of the board for Lakes Region Habitat for Humanity. Hicks received his Bachelor of Science and Master of Science degrees in Accounting from the University of North Texas, and is a Certified Public Accountant for the State of New Hampshire.
New Hampshire Mutual Bancorp, a shared services organization, was formed in 2013 when two New Hampshire-based community banks, Meredith Village Savings Bank and Merrimack County Savings Bank, formally affiliated – the first relationship of its kind in the state. This strategic partnership has positioned the banks to leverage each other’s strengths as they work together to advance a shared vision of maintaining and enhancing community banking standards and values. MillRiver Wealth Management joined as a third affiliate in 2015, combining the financial advisory divisions of MVSB and the Merrimack. Savings Bank of Walpole joined NHMB in 2018. In 2020, MillRiver Wealth Management affiliated with the New Hampshire Trust Company and Savings Bank of Walpole Wealth Management to become NHTrust. NHMB combined assets total more than $2.6 billion. For more information, visit nhmutual.com.
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