Current News

Vermont Business Magazine Riders across Vermont are preparing for the 9th annual local edition of The Distinguished Gentleman’s Ride, set to take place on Sunday, May 17, 2026. Hosted locally by Classic Bike Experience (CBE) in partnership with CycleWise Inc., the event is part of a worldwide movement uniting more than 1,100 cities in support of men’s health. Now celebrating its 15th year globally, The Distinguished Gentleman’s Ride began in 2012 with a simple idea: dress sharp, ride classic motorcycles, and make a difference. Since then, it has grown into the world’s largest coordinated motorcycle charity event, raising over $60 million for prostate cancer research and men’s mental health programs.

Vermont Business Magazine NEK Broadband and CVFiber (collectively, NEKCV) recently announced their newest internet offering: a 50/50 Mbps plan for $59 per month. This fiber internet service is designed to meet the needs of everyday users while expanding access to reliable internet throughout the 72-town communications union district. In the past few years, NEK Broadband and CVFiber have built over 1,300 miles of fiber-optic cable to addresses without reliable internet service. The existing network buildout and resulting customer base, coupled with the grant funding, have enabled them to respond to a need many people have expressed: a budget-friendly plan that anyone can access.  

Vermont Business Magazine Mascoma Bank and Androscoggin Bank today announced their plan to combine their parent companies into a single mutual holding company, bringing together two strong, mutually owned community banks that share deep roots across Northern New England. The combination reflects a long‑term commitment to preserving and strengthening mutual banking in the region while ensuring both institutions can continue to invest, innovate, and serve their communities for generations to come. Under the proposed structure, both Mascoma Bank, with branches in Vermont, and Androscoggin Bank will continue to operate with their own names, brands, charters, and Boards of Directors.

Vermont State Police As the investigation continues, the Vermont State Police is able to identify the deceased woman as Noel A. Neely, 82, a resident of the home on Douglas Hill Road where the incident occurred. This case remains open and active. The state police is working is in close communication with the Windsor County State’s Attorney’s Office regarding the details and circumstances of the case. Due to the ongoing investigation, VSP will be releasing no further details at this time.

Vermont Business Magazine EastRise Credit Union today announced that its Board of Directors has appointed Robert Miller as President and Chief Executive Officer, effective June 8, 2026. He succeeds John Dwyer, who is retiring after a distinguished career of nearly four decades. Following a national search, the Board selected Robert Miller for his leadership, strategic clarity, and deep commitment to EastRise’s purpose and values. Miller currently serves as President and Chief Operating Officer, where he has helped lead EastRise through a pivotal period of transformation. He previously served as CEO of VSECU for nearly a decade and brings deep experience in banking, organizational leadership, and community impact. His background includes roles at Citibank, service with the Vermont Department of Economic Development, and leadership roles in investment management.

Vermont Business Magazine Today, Mayor Emma Mulvaney-Stanak and Burlington Electric Department (BED) shared Burlington’s Net Zero Energy (NZE) Roadmap update for 2025, announced availability of new downtown, public electric vehicle (EV) fast chargers, and introduced BED’s new customer support artificial intelligence (AI) chatbot, “Sparky.” The Roadmap update shows that Burlington’s greenhouse gas emissions in the ground transportation and thermal/buildings sectors are down 17.8 percent in 2025 compared to the 2018 baseline, representing a moderate overall rebound in emissions compared to 2024 when emissions were down 19.6 percent.

Vermont Business Magazine Cathedral Square was honored last week at Efficiency Vermont’s Better Building by Design (BBD) conference, where Reid Commons in St. Albans took home a Best of the Best Performance Excellence Award for Residential New Construction in the Multifamily Homes category. The annual conference draws design professionals, construction leaders, and climate workforce experts from across the region. Reid Commons is a 33-unit affordable apartment community for adults ages 55 and older in St. Albans, with 27 one-bedroom and six two-bedroom apartments serving low- and moderate-income residents.

Vermont Business Magazine The Vermont Committee for Employer Support of the Guard and Reserve (ESGR) has presented the Patriot Award to Kelly Chastenay, Head Teller at Vermont Federal Credit Union in St. Albans, and Nicole Callahan, recognizing their exceptional support for an employee serving in the Vermont National Guard. The awards were presented by Michael Pacheco, New Hampshire ESGR State Chair, and Jamille Cunningham, ESGR Volunteer. Chastenay was praised as a patient mentor and strong leader who consistently supports her employee’s military commitments.

Vermont Business Magazine The Attorney General’s Office today announced a settlement with Northeast Kingdom Human Services, Inc. (NKHS), resolving allegations of neglect of a vulnerable adult and overbilling Vermont Medicaid. Under the settlement, the designated agency will pay the State of Vermont $65,335 and undertake several organizational reforms to improve the process of preparing behavioral support plans and other documents detailing behavioral interventions and required levels of supervision for clients. Through its investigation, the Attorney General’s Medicaid Fraud and Residential Abuse Unit (MFRAU) found that NKHS provided services to a vulnerable adult with severe developmental disabilities such that they posed a risk to themselves and others.

by Maggie Lenz and Gwynn Zakov On Friday, the Senate Education Committee took a straw poll to test support for H.955, the major education transformation bill that has been moving through the Legislature this session. The House-passed bill would create Cooperative Education Service Agencies, or CESAs, as a new statewide education service structure, and would assign school districts into mandatory study groups to examine whether forming larger unified districts is advisable. The bill does not automatically merge districts, but it does require communities to go through a formal study process and consider whether consolidation would improve governance, operations, educational opportunity, and long-term financial sustainability. The Senate committee appeared to be moving more or less within the general framework the House had laid out.

Vermont Business Magazine Average gasoline prices in Vermont are $4.52 per gallon, up 9.9 cents per gallon from last week's $4.42/g. The lowest price in the state yesterday was $4.25/g while the highest was $4.70/g, a difference of 45.0 cents per gallon. The national average price of gasoline has risen 5.1 cents per gallon in the last week, averaging $4.48/g today. 

Agency of Agriculture, Food & Markets The U.S. Department of Agriculture (USDA) is maximizing disaster assistance support for producers by issuing a second Supplemental Disaster Relief Program (SDRP) payment to eligible producers who have approved program applications for losses due to natural disasters in calendar years 2023 and 2024. USDA’s Farm Service Agency (FSA) has already provided $6.7 billion in SDRP payments to eligible producers. Additionally, USDA is extending the program deadline to give producers and FSA more time to address any program application changes that could impact payments. The original April 30 deadline has been extended to August 12 for SDRP Stage 1 and Stage 2.