Community Focus Piscataqua Savings Bank's strong commitment to local community initiatives and partnerships, such as collaborations with ReVision Energy and COAST, presents opportunities to offer tailored financial products and services that support community development and sustainability efforts.
Sustainable Banking As a Certified B Corporation with recent investments in renewable energy and partnerships aimed at promoting clean energy charging stations, the bank is aligned with green initiatives. This creates potential for expanding eco-friendly financial solutions and green banking products.
Data Security Concerns The recent MOVEit data breach highlights a focus area for upgrading cybersecurity solutions. Offering enhanced data security and compliance services could cater to their need to safeguard customer information and enhance trust.
Digital Engagement With a tech stack that includes AWS, WordPress, and Shopify, there is scope to provide digital transformation services, such as advanced online banking platforms, mobile app enhancements, or marketing automation to improve customer engagement.
Leadership Transition The recent change in leadership with the retirement of the CEO and onboarding of Benjamin Wheeler signals an opportunity to position leadership training, organizational consulting, or strategic planning services to support their growth and vision.