The CBTBE Corporation was formed by local business and community leaders to explore creating a new, state-chartered, community bank (Millyard Bank, In Organization) based in Nashua, New Hampshire.

As many regional and so-called community banks are being bought and managed by larger, out-of-state entities, and decision-making is typically made through centralized loan centers, often far away, it has become increasingly difficult for small to medium-sized businesses, and professionals to secure loans that meet their needs.

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