# Merchants Bank

> Merchants Bank was a Vermont-chartered commercial bank founded in 1849, serving households, businesses, municipalities and investment clients across Vermont and western Massachusetts. Its parent, Merchants Bancshares, was acquired by Community Bank System in May 2017, and the bank merged into Community Bank, N.A.

- **Founded:** 1849
- **Headquarters:** South Burlington, United States
- **Products:** Personal banking, Mortgage lending, Commercial banking, Government banking, Trust and investment services
- **Notable:** Operated from 1849 until its 2017 merger., Expanded beyond Vermont through the 2015 NUVO acquisition., Built a 32-location network before its sale.

## Products & services

- **Personal banking** — Historical checking, savings, certificates of deposit, and online and mobile banking.
- **Mortgage lending** — Historical home mortgage services for individual borrowers.
- **Commercial banking** — Historical business lending, commercial real estate and construction financing, deposits and cash management.
- **Government banking** — Historical banking services for municipal and other public-sector customers.
- **Trust and investment services** — Historical fiduciary and investment services.
- **NUVO division** — Springfield, Massachusetts commercial banking operation acquired in 2015.
- **Vermont Lake Monsters debit card** — 2016 checking-linked debit card promotion with team merchandise discounts and ticket benefits.

## Achievements

- Operated from 1849 until its 2017 merger.
- Expanded beyond Vermont through the 2015 NUVO acquisition.
- Built a 32-location network before its sale.
- Reported $14.9 million in 2016 net income at parent-company level.

## Latest updates

- **2017-03** — Merchants Bancshares stockholders approved the merger on March 23.
- **2017-04** — OCC approval followed on April 6 and Federal Reserve approval on April 26.
- **2017-05** — The acquisition and bank merger completed May 12; contemporary reporting described branches reopening as Community Bank on Monday May 15.

## Links

- Website: https://cbna.com/
- LinkedIn: https://www.linkedin.com/company/merchants-bank
- Twitter/X: https://twitter.com/merchantsbank
- Facebook: https://facebook.com/MerchantsBank/

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Profile page: https://yespress.io/merchants-bank
Published by YesPress — https://yespress.io
Last updated: 2026-10-24