Merchants Bank was listed in the “Top 200” for the third year in a row on American Banker Magazine’s annual list of best performers. Merchants Bank’s performance put them in the top 4% of the Top 200 among a peer group of 851 community banks across the country with less than $2 billion of assets.
“Merchants Bank is in a great position to serve our customers; large enough to be financially sound and offer sophisticated banking technology, while remaining focused on our local commitment to community,” stated Mike Tuttle, President and CEO of Merchants Bank. “Every employee at Merchants Bank feels great pride in knowing we are one of the finest
banks in America.”
The Top 200 list is based on data from SNL Financial of exchange-traded banks with less than $2 billion in total assets as of Dec. 31, 2013. Performance is ranked according to average return on equity over the most recent three-year period.
Established in 1849, Merchants Bank is the largest Vermont-based bank, independent and locally operated. Consumer, business, municipal and investment customers enjoy personalized relationships, sophisticated online and mobile banking options, 32 state-wide branches, plus a nationwide network of over 55,000 surcharge-free Allpoint ATMs. Merchants Bank (Member FDIC, Equal Housing Lender, NASDAQ “MBVT”), and Merchants Trust Company employ approximately 300 full-time employees and 40 part-time employees statewide, and have
earned several “Best Places to Work in Vermont” awards. American Banker ranks Merchants
Bank a “Top 200” in America among 851 peers.
www.mbvt.com
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