Merchants Bank

Status:Inactive as of 2017-05-12
 Merger - Without Assistance
Successor Bank:Community Bank
Headquarters:Merchants Bank
275 Kennedy Drive
South Burlington, VT 05403
Established:1849-01-01
FDIC Insurance:1934-01-01
FDIC Cert:#6268
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
# of Branches:32
Total Assets:$2,030,561,000
Total Deposits:$1,513,577,000

History

1849-01-01Institution established: Original name:The Merchants National Bank of Burlington
1970-07-09Acquired Barre Trust Company (14142) in BARRE, VT
1971-11-01Acquired Northfield Trust Company (14160) in NORTHFIELD, VT
1974-09-06Changed name to The Merchants Bank
1977-03-04Acquired Hardwick Trust Company (14152) in HARDWICK, VT
1980-12-30Acquired Catamount Bank (6278) in NORTH BENNINGTON, VT
1985-04-01Acquired Sterling Trust Company (14154) in JOHNSON, VT
1993-06-04Acquired New First National Bank of Vermont, National Association (33767) in BRADFORD, VT
2009-09-30Acquired The Merchants Trust Company (90414) in SOUTH BURLINGTON, VT
2011-11-14Changed name to Merchants Bank
2014-06-30Moved bank headquarters from BURLINGTON, VT to SOUTH BURLINGTON, VT
2015-12-05Acquired Nuvo Bank & Trust Company (58621) in SPRINGFIELD, MA
2017-05-12Merged into and subsequently operated as part of Community Bank, National Association (6989) in CANTON, NY

Financial Information (2017-03-31 and Older)