Vermont Business Magazine Community Bank is pleased to welcome Matthew Plasse as regional president of the bank’s New England market. Plasse will lead business development and community engagement activities while fostering strong alignment across the bank’s various lines of business in the region. He will report to President of Commercial Banking Matt Durkee, who he succeeds in this leadership position.
Plasse has more than 20 years of experience in the banking industry, serving customers in New England. Prior to Community Bank, he held various leadership and middle-market banking roles at M&T Bank and its acquired institutions, including People’s United Bank N.A. Most recently, he served as senior vice president, group manager for M&T Bank’s commercial banking division in Vermont.
“We’re pleased to welcome Matt to the Community Bank leadership team,” Durkee said. “I’ve worked with Matt for many years and have confidence that his experience and commitment to the region will be an asset to our team and our customers, and will support our continued expansion in the market.”
Plasse serves on the board of directors for the Vermont Community Loan Fund and is a member of the organization’s business loan committee. He earned his Bachelor of Science in finance from Wake Forest University and resides in Shelburne with his family.
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 have been consistently ranked as one of America’s Best Banks by Forbes magazine.
About Community Financial System Inc.
Community Financial System Inc. is a diversified financial services company focused on four main business lines: banking, employee benefit services, insurance services and wealth management. Its banking subsidiary, Community Bank N.A., is among the country’s 100 largest banking institutions, with over $16 billion in assets, and operates approximately 200 customer facilities across Upstate New York, Northeastern Pennsylvania, Vermont and Western Massachusetts. The company’s Benefit Plans Administrative Services Inc. subsidiary is a leading provider of employee benefits administration, trust services, collective investment fund administration and actuarial consulting services to customers on a national scale. The company’s OneGroup NY Inc. subsidiary is a top-75 U.S. insurance agency. The company also offers comprehensive financial planning, trust administration and wealth management services through its Wealth Management operating unit. The company is listed on the New York Stock Exchange and trades under the symbol CBU. Effective May 24, 2024, the company trades under the name Community Financial System Inc. For more information about Community Bank and Community Financial System, visit cbna.com or communityfinancialsystem.com.
5.15.2025. Burlington, V.T. — Community Bank
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