Ledyard Financial Group Inc. (LFGP)

Overview

Ledyard Financial Group, Inc. stands as the parent company of Ledyard National Bank, providing a broad spectrum of retail and commercial banking services alongside wealth advisory solutions in New Hampshire and Vermont. Since its establishment in 1991, with headquarters in Hanover, New Hampshire, the company has committed to offering a comprehensive range of financial products and personalized services designed to meet the diverse needs of its clients.

Products and Services

• Retail and Commercial Banking:

  This includes a variety of account options such as checking, savings, individual retirement accounts (IRAs), money market, NOW, and health saving accounts. The bank also provides essential banking facilities like debit, ATM, and credit cards to cater to daily financial transactions and banking needs of individuals and businesses.

• Mortgages and Loans:

  Ledyard Financial Group offers a comprehensive set of loan products. This comprises mortgages, home equity loans and lines of credit, equity builder programs, and specialized home loans. For individuals, consumer loans are available, including personal lines of credit, collateral loans, auto and personal loans, and overdraft protection loans. The bank also extends commercial loans for businesses, encompassing business lending and term loans, commercial mortgages, business lines of credit, small business administration loans, and business letters of credit.

• Cash Management Services:

  Geared towards businesses, these services include cash flow management, remote deposit capture, zero balance account, line of credit sweep, electronic payment, risk management, credit card processing, and lock box services to help manage finances efficiently and effectively.

• Additional Financial Services:

  The company doesn’t stop at banking products; it also provides acquisition and healthcare equipment financing, escrow, trust, and IOLTA accounts to support various specialized financial needs.

• Wealth Management Services:

  Ledyard’s wealth management services span a wide range of areas including financial planning, investment management, tax planning and preparation, insurance, family and charitable giving, business succession, retirement planning, and brokerage services among others. These services are tailored to help clients manage and grow their wealth according to their unique financial goals and life stages.

• Private Banking:

  Exclusive banking services designed for high-net-worth individuals, providing them with personalized financial solutions that encompass both banking and wealth management services to meet their complex financial needs.

• Online and Mobile Banking Services:

  To ensure convenience and accessibility, Ledyard Financial Group offers online and mobile banking services. These digital platforms allow clients to manage their accounts, perform transactions, and access banking services anytime and anywhere.

• Other Services:

  In addition to the primary services listed, the company offers a variety of other financial products and services designed to meet the diverse needs of its clientele. These are developed to enhance the financial well-being and convenience for both individual and business clients.