- Bank Name:Merchants Bank
- Bank Class:Federal Reserve Non-Member Bank
- FDIC ID:Certificate #6268 - Inactive
- FED RSSD ID:#166803 - Inactive
HISTORY OF MERCHANTS BANK
Merchants Bank was established in January 1849 and headquartered in South Burlington, Vermont. The bank operated as a subsidiary of Merchants Bancshares, Inc.. Merchants Bank was classified as a commercial bank, state charter and Fed nonmember, supervised by the FDIC. Merchants Bank is no longer doing business under that name. To view branches, routing numbers, phone numbers and business hours; you can check Community Bank page.
Below is a list of some important events in banks history, including mergers and acquisitions.
1849-01-01 -Institution established. Original name: The Merchants National Bank of Burlington.
1970-07-09 -Changed Institution Name to The Merchants National Bank of Burlington.
1970-07-09 -Acquired Barre Trust Company (14142) in Barre, VT.
1971-03-01 -Main Office moved to 123 Church Street, Burlington, VT 05401.
1971-11-01 -Acquired Northfield Trust Company (14160) in Northfield, VT.
1974-09-06 -Institution withdraws from membership in the Federal Reserve System.
1974-09-06 -Changed Chartering Agency to State.
1974-09-06 -Changed Institution Name to The Merchants Bank.
1977-03-04 -Acquired Hardwick Trust Company (14152) in Hardwick, VT.
1979-05-04 -Changed Trust Powers to Full.
1980-12-30 -Acquired Catamount Bank (6278) in North Bennington, VT.
1985-04-01 -Acquired Sterling Trust Company (14154) in Johnson, VT.
1993-06-04 -Acquired New First National Bank of Vermont, National Association (33767) in Bradford, VT.
1996-05-24 -Main Office moved to 164 College Street, Burlington, VT 05401.
2009-09-30 -Acquired The Merchants Trust Company (90414) in South Burlington, VT.
2011-11-14 -Changed Institution Name to Merchants Bank.
2014-06-30 -Main Office moved to 275 Kennedy Drive, South Burlington, VT 05403.
MERCHANTS BANK REVIEWS & COMPLAINTS
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