# Walden Mutual Bank: Banking, Concord, United States

> Walden Mutual Bank: Walden Mutual Bank is a digital-first mutual bank based in Concord, New Hampshire. Based in Concord, United States. Founded 2022.

Source: https://millionrounds.com/startup/walden-mutual-bank (Millionrounds; every figure on the page links to its filing or article)

United States · [Banking startup](https://millionrounds.com/companies)

# Walden Mutual Bank

Walden Mutual Bank is a digital-first mutual bank based in Concord, New Hampshire.

Funding reported Last round: Undisclosed

Banking Concord, United States

Company summary

- **Founded:** 2022 4 years old
- **Team:** 38 11 to 50 people
- **Funding reported:** $24M in dollars
- **Last round:** Undisclosed Oct 2022

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Walden Mutual Bank has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Walden Mutual Bank

Walden Mutual Bank is a digital-first mutual bank based in Concord, New Hampshire.

Founded in 2022, it is the first new mutual bank chartered in the U.S. in 50 years. The bank focuses on strengthening the local food ecosystem by offering deposit accounts and commercial loans specifically for farms, food businesses, non-profits, and agriculture-related enterprises in New England and New York. The bank provides online savings and deposit accounts that are FDIC-insured, along with tailored commercial lending options for various food and agriculture-related needs. As a mutual bank, it is owned by its depositors and governed by the community, emphasizing long-term stability. Walden Mutual Bank is also a certified B Corporation, reflecting its commitment to social and environmental impact. With a fully online banking platform and a physical office in Concord, it aims to connect community capital with sustainable food and farm businesses.

## What company datasets say Walden Mutual Bank raised

Funding, as reported

Reported in all **$24M** in dollars

Rounds **1**

Last round **Undisclosed**

Last round size **$24M**

Last round date **Oct 2022**

## Founders and team

From Walden Mutual Bank's own website: 20 on the team.

- **Charley Cummings** Chief Executive Officer
- **Greg Doolittle** Vice President - Audit, BSA, & Compliance Officer
- **Lindsey Kelley-Vail** Vice President - Information Technology
- **Christine Bascetta** Chief Commercial Officer
- **Debbie Morin** Chief Financial Officer
- **Joe York** Chief Innovation, People, and Impact Officer
- **Nick Sohn** Chief Technology Officer
- **Aislinn Pluta** Product Manager
- **Amanda Bauer** Marketing Manager
- **Catherine Mansfield** Information Security Officer
- **Dior Wallace** Operations Specialist
- **Elisabeth Lamarche** Partner Experience Associate
- **Heather Baldyga** Portfolio Manager
- **Leslie Fincke** Business Development Officer
- **Matt DiSciacca** Agriculture Loan Officer
- **Megan Pigsley** PX Officer
- **Mel Emery** Partner Onboarding Manager
- **Mike Wisentaner** Compliance / BSA Analyst

And 2 more on the team.

## On a portfolio page

Investors who name them

- [The Nest Family Office](https://millionrounds.com/fund/the-nest-family-office)

Each firm lists Walden Mutual Bank on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

local food consumers financial services mutual banking food food business lending agriculture banking sustainable food consumer goods

Built with from their website

Google Tag Manager Amazon CloudFront Linkedin Insight Tag Google Ads Klaviyo CloudFlare Viewport Meta LinkedIn Ads Google Play Facebook SDK

+8 more

Amazon S3 Webflow Hosting CloudFlare CDN Twilio SendGrid Email Marketing Campaigns Microsoft Exchange Salesforce Unpkg Microsoft 365 Apps & Services

- **Sector:** Banking
- **Industry code:** NAICS 522110, SIC 6022
- **Region:** New Hampshire
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/walden-mutual-bank)

## Banking in United States

Startups like it

- [**Erebor** Columbus *Raised*](https://millionrounds.com/company/erebor)
- [**Relay** San Francisco · founded 2021 *Raised*](https://millionrounds.com/company/relay)
- [**Nymbus** Jacksonville · founded 2015 *Raised*](https://millionrounds.com/company/nymbus)
- [**Fintiv** Austin · founded 2018](https://millionrounds.com/startup/fintiv)
- [**Grasshopper Bank** New York · founded 2019](https://millionrounds.com/startup/grasshopper-bank-2)
- [**Harris Bank** Chicago](https://millionrounds.com/startup/harris-bank)
- [**Thread Bank** Brentwood](https://millionrounds.com/startup/thread-bank)
- [**Found** San Francisco · founded 2019](https://millionrounds.com/startup/found-5)

## Is this your company?

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