(Left to right) Community Bank New England President Matthew Durkee, Branch Manager Colleen Page, Capstone Community Action Director of Community and Economic Development Liz Scharf and Executive Director Sue Minter.
Vermont Business Magazine In support of flood recovery efforts in Vermont, Community Bank is pleased to announce it will donate $100,000 to the Vermont Main Street Flood Recovery Fund. Managed by Capstone Community Action, the fund recently launched to support small businesses affected by the record-breaking flooding.
“The destructive floods left many Vermont small businesses and communities devastated, and as a local bank it’s our responsibility to come together and support our friends and neighbors during these trying times,” New England President Matthew Durkee said. “Vermont small businesses are vital to our local community, and we will do all we can to support them through this crisis.”
The Vermont Main Street Flood Recovery Fund is raising money to provide grants to Vermont's independent small business owners impacted by the July 10, 2023, flooding. The Fund will provide grants in the range of $2,500-$10,000 to cover costs such as equipment replacement, supplies and clean-up; this will help bridge need until further support is available.
For more information about the Vermont Main Street Flood Recovery Fund, visit vtrecovery2023.com.
For more information on Community Bank’s checking and savings accounts, credit cards, mortgages, personal and business loans, and financial planning, visit cbna.com. Better banking starts with trust, and Community Bank is honored to be recognized for the second year in a row as one of America’s Most Trusted Companies 2023 by Newsweek. Community Bank N.A. has consistently been ranked among the top-performing U.S. banks in America by Forbes magazine since the list was first published in 2009.
About Community Bank System Inc.
Community Bank System Inc. operates more than 200 customer facilities across Upstate New York, Northeastern Pennsylvania, Vermont and western Massachusetts through its banking subsidiary, Community Bank N.A., and has been serving its communities for more than 155 years. With over $15.5 billion in assets, the DeWitt, New York-headquartered company is among the country’s 125 largest financial institutions. In addition to a full range of retail and business banking services, the company offers comprehensive financial planning, insurance and wealth management services through its subsidiaries/business units that include: OneGroup NY Inc., which provides risk management and commercial insurance, employee benefits and personal lines insurance; Community Bank Wealth Management, which provides investment advisory, personal trust and financial planning services, as well as personal, business and nonprofit portfolio design; and Benefit Plans Administrative Services Inc., which provides actuarial, retirement and VEBA/HRA plan administration, and collective investment fund, employee benefit trust and transfer agency services on a national scale. Community Bank System Inc. is listed on the New York Stock Exchange and the company’s stock trades under the symbol “CBU.” For more information about Community Bank, visit cbna.com or ir.communitybanksystem.com.
8.14.2023. Burlington, V.T. — Community Bank
