First National Bank of Vermont

Status:Inactive as of 01/29/1993
 Absorption - Assisted
Successor Bank:New First National Bank of Vermont
Headquarters:First National Bank of Vermont
Main Street
Bradford, VT 05033
Established:11/11/1863
FDIC Insurance:01/01/1934
FDIC Cert:#6290
Charter Class:Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Total Assets:$295,784,000
Total Deposits:$282,378,000

History

1863-11-11Institution established: Original name:The First National Bank of Springfield
1974-12-30Acquired The First National Bank of Fair Haven (6272) in FAIR HAVEN, VT
1974-12-30Acquired The Northfield National Bank (6279) in NORTHFIELD, VT
1976-06-30Acquired The Merchants National Bank of St. Johnsbury (6289) in ST. JOHNSBURY, VT
1980-04-30Changed name to First National Bank of Vermont
1992-07-01Moved bank headquarters from SPRINGFIELD, VT to BRADFORD, VT
1992-07-01Acquired The Bradford National Bank (6262) in BRADFORD, VT
1992-07-01Acquired The Caledonia National Bank of Danville (6270) in DANVILLE, VT
1993-01-29Institution established: Original name:New First National Bank of Vermont, National Association (33767)
1993-01-29Failed. Acquired with government financial assistance and subsequently operated as part of New First National Bank of Vermont, National Association (33767)
1993-06-04Merged into and subsequently operated as part of The Merchants Bank (6268) in BURLINGTON, VT
1996-05-24Moved bank headquarters from BRADFORD, VT to BURLINGTON, VT
2009-09-30Acquired The Merchants Trust Company (90414) in SOUTH BURLINGTON, VT
2011-11-14Changed name to Merchants Bank (6268)
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
2019-07-12Acquired The National Union Bank of Kinderhook (7128) in KINDERHOOK, NY
2020-06-12Acquired Steuben Trust Company (12936) in HORNELL, NY