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Fees blamed for lower customer commitment to retail banks

Tue, 05/19/2009 - 4:44am -- tim

Driven by declines in both satisfaction and brand image, customer commitment to retail banks has decreased in 2009, according to the JD Power and Associates 2009 Retail Banking Satisfaction Study(SM) released today. This marks a steady decline in customer commitment since 2007. Now in its fourth year, the study finds that only 35 percent of customers say they are highly committed to their retail bank in 2009, compared with 37 percent in 2008 and 41 percent in 2007.

GAW accelerates New England expansion with acquisition of SNEWISP

Tue, 05/19/2009 - 4:22am -- tim

GAW High Speed Internet Inc., (GAW) Vermont's largest Wireless Internet provider announced today
the acquisition of Southern New England Wireless Internet Service Provider LLC, (SNEWISP).
Headquartered in Springfield, MA, SNEWISP provides an important broadband connection for
businesses and residences in and around Southern New England's thriving five college community and
the beautiful Berkshire mountain range, home to some the world's great artists and innovators. The

Monthly tax revenues close to lowered expectations

Mon, 05/18/2009 - 10:30am -- tim

Vermont's General Fund, transportation and education tax revenues were nearly on par with recently lowered expectations. Today, Secretary of Administration Neale F Lunderville released the revenue results for the month of April, the tenth month of Fiscal Year 2009. The fiscal year ends June 30. General Fund revenues fell slightly below the recently revised target for the month as compared to the consensus revenue target approved on April 24, 2009.

Deane C Davis Award presented Wednesday

Mon, 05/18/2009 - 10:07am -- tim

by Timothy McQuiston.
Back in the dark economic days of 1990, I called Chris Barbieri to talk about working together to develop a business-of-the-year award. Chris was president of the Vermont Chamber of Commerce. From there, we developed the Deane C. Davis Outstanding Business of the Year Award. The original concept of the award was the brainchild of John Boutin, Vermont Business Magazine's advertising director then and publisher now.

Stowe, Okemo, Stratton win national environmental awards

Mon, 05/18/2009 - 9:49am -- tim

At the National Ski Areas Association (NSAA) Convention s Golden Eagle Awards, Vermont stood out as the only ski state to win all of the award categories for environmental excellence in which its resorts were submitted for consideration.  The Excellence in Energy Conservation & Clean Energy Award went to Stratton Mountain Resort; the Excellence in Environmental Education Award went to Okemo Mountain Resort and the Excellence in Waste Reduction and Recycling Award went to Stowe Mountain Resort. 

Susan White, Wesley Bell and Okemo win travel industry awards

Mon, 05/18/2009 - 9:37am -- tim

The Vermont Travel Industry Conference celebrated its 26th Annual Conference, April 7 -9, 2009 at the Equinox Resort in Manchester. This event draws one of the largest gatherings of tourism professionals in the state including owners, managers and employees of the many businesses connected to this important segment of the economy. Two awards and one scholarship were presented at the Vermont Travel Industry Conference.

2008 Community Campaign raises $4 million

Fri, 05/15/2009 - 9:32am -- tim

Mike Tuttle, President and CEO of Merchant's Bank, and the 2008 Community Campaign Chair, announced the official results of the campaign at the Annual Dinner and Awards Celebration, May 6th. The campaign raised $4 million. In his remarks to the crowd of over 375 people, Tuttle said, "In spite of an incredibly difficult time economically for so many people, those who were able, gave a little more, and people just seemed to want to help in any way they could. We are thrilled with the outcome and amazed at the goodwill of so many people.

Volunteers help rebuild Red Cross disaster relief warehouse

Fri, 05/15/2009 - 9:24am -- tim

A team of over a dozen IBM volunteers worked through the day putting a new roof on the building that houses vital disaster relief supplies and tools at the regional headquarters of the American Red Cross. These critical infrastructure repairs are a direct result of a unique community partnership as IBM and the United Way of Chittenden County team up with Merchants Bank and the State of Vermont to support the American Red Cross.

Wind energy company tries to elicit support for large Rutland County project

Fri, 05/15/2009 - 9:19am -- tim

The Vermont Community Wind Farm is in the process of trying to gain support to build 60 wind turbines on three ridges covering six towns in Rutland County. The project as conceived would have a rated output of 80 megawatts. By comparison, the Entergy Vermont Yankee Nuclear Power Plant in Vernon has a rated output of 605 megawatts. VCWF already has signed leases for more than 4,000 acres of land in IRA, Clarendon, Tinmouth and Poultney, managed by Wagner Forest Management Company.