Chapter 2

The Nature
of Nurturing

Part One

Unifying a Town Divided

During the early years, Andover State Bank cemented its relationship with the city by encouraging growth. In collaboration with other local businesses, we helped bring natural gas lines to the area, build highways and turnpikes, and gather citizens to debate local issues.

Part Two

A Home for the Modern Age

Andover was incorporated as a city in 1957, and it was ready to grow. With a prospering city, Wilson and McConachie realized they needed a bigger bank. A “new, ultra-modern hexagonal building” was commissioned and built in 1961. With an expanded teller line and more floor space, ASB was prepared to meet the needs of a modern economy.

Part Three

The Beginning of Something Great

Andover’s community swelled with pride. In 1968, the city celebrated its first Greater Andover Days. Residents gathered to participate in events such as horseshoe pitching, pie-eating contests and sack races. The people of Andover enjoyed Andover State Bank’s ice cream social during the festival, where our employees scooped ice cream and passed out balloons.

Part Four

More Accessible Than Ever

By the mid-70s, Andover State Bank incorporated new drive-thru technology to its existing building. The expansion allowed the bank to serve its customers beyond traditional banking hours. Then-vice president Kirk McConachie, the third generation of the family to work at ASB, explained that “this is the kind of service our customers have come to expect from Andover State Bank.”

Part Five

In Good Hands

Max McConachie served as Chairman until 1991. When asked about his decades of service to Andover State Bank, he said it was his policy to “bend over backwards, to take above-ordinary risks, and to obtain new business ventures for the community.” McConachie built relationships on trust, and he sealed deals with a handshake. In an era of complex rules and regulations, we continue Max’s spirit of the handshake loan by knowing and trusting our customers.