St. Mary’s Bank Offers Funds to Help Eligible Home Buyers Cover Down Payments, Closing Costs and More

For immediate release:
April 12, 2013
Contact:                   Elizabeth Stodolski
                                (603) 629-1430

St. Mary’s Bank Offers Funds to Help Eligible Home Buyers Cover Down Payments, Closing Costs and More

MANCHESTER, NH — April 12, 2013 – St. Mary’s Bank will be providing income-eligible households with funds to cover down payments and closing costs.

The nation’s first credit union has been approved for up to $150,000 in funding from the Federal Home Loan Bank’s Equity Builder program (EBP). The funds can also be used for homebuyer counseling and rehabilitation assistance.

“With up to $15,000 available per household, this program will make a real difference to families who need help with a down payment on a first home, or an individual who needs financial counseling when buying a new home,” says Karen Mayrand, St. Mary’s Bank Director of Residential Lending.

The EBP provides funds to St. Mary’s Bank and other members to assist households with incomes at or below 80 percent of the area median income. Borrowers must meet program guidelines. Available on a first come, first served basis while funds remain available.

About St. Mary’s Bank
Founded in Manchester, New Hampshire in 1908, St. Mary’s Bank is the first credit union in the nation. It makes progressive financial products and services available and affordable to consumers and businesses. Members enjoy excellent service, competitive rates, low fees and state-of-the-art banking services. Headquartered in Manchester, New Hampshire, St. Mary’s Bank has branches in Manchester, Hudson, Londonderry, Milford and Nashua. Call 1-888-786-2791 or visit for more information.


Teens Robbed of I-pod/Cell Phone


MANCHESTER, NH- On Monday, February 11, 2013, at about 6:30 PM, Manchester Police responded to a Clay Street address for a report of a robbery.  On arrival, they met with two 16 year old Manchester teens who reported they had been the victims of a robbery a short time earlier on Somerville Street, near Belmont Street.


According to the boys, they were walking in the area when they were approached by two men, one of whom demanded their belongings, indicating his companion had a gun, although no gun was observed.


One of the boys surrendered his I-pod Nano and Galaxy S3 cell phone and the men left.  They were last seen leaving the area as passengers in an older, dark colored 4-door sedan operated by a third individual who was possibly wearing a red sweatshirt.


The first suspect was described as a white male in his forties, about 6’3” tall with a slender build and dark “stubble” on his face.  He was last seen wearing a dark colored vest and a green “beanie” style hat.  The second man, alleged to have possessed a gun, was described as a clean-shaven white male in his forties with an average height and build.  He was last seen wearing a camouflage shirt and khaki pants.


Anyone with information about this incident is encouraged to contact the Manchester Police Department at 668-8711.  Anonymous tips for cash rewards can be made through Manchester Crimeline at 624-4040 or online at