Union Bank is pleased to announce that Christine Latulip will be the Bank’s Vice President of retail and commercial lending in its Littleton, New Hampshire office and will take over as the Branch Manager upon the retirement of Millie Nelson in August 2010. Chris brings to Union Bank thirty-five years of banking and management experience in the Littleton region.
She began her career in 1971 with Peoples Bank of Littleton and held most all of the positions in the bank, ultimately becoming President and CEO from 1996 to 2000. After Peoples Bank was acquired by Connecticut River Bank, she remained as Regional President for the Littleton Area before becoming Deputy Director of Affordable Housing Education & Development (AHEAD) in Littleton in 2001, and then becoming President of Calain, Inc, a company specializing in tax-deferred real estate and personal property exchanges.
In addition, she served for more than fifteen years as a senior commercial lender experienced in underwriting commercial loans to assist clients in acquiring and growing their businesses. She has written extensively on the topic of alternative strategies in the sale of investment property and taught continuing education classes to real estate professionals, attorneys and accountants in Maine, New Hampshire and Vermont.
“We anticipate Union Bank will continue to be well represented in the Littleton community with the addition of Chris,” states Ken Gibbons, President & CEO. “She knows the region well, and has considerable experience in banking and business development. We are very pleased to welcome her to the Union Bank team.”
Chris has earned the distinction of Certified Exchange Specialist (CES®) from the Federation of Exchange Accommodators. She is a graduate of the National Commercial Lending School and holds a master’s degree in Community Economic Development. She serves as President of the area’s only land trust, Ammonoosuc Conservation Trust and Treasurer of Ammonoosuc Community Health Services, a federally qualified community health center. She is a founding member and past president of the area’s only affordable housing organization, Affordable Housing Education & Development.
Union Bank, with headquarters in Morrisville, Vermont, offers deposit, loan, trust and commercial banking services throughout northern Vermont and New Hampshire. As of December 31, 2009, the Company had $447 million in consolidated assets. The Company operates 13 banking offices and 29 ATM facilities in Vermont, plus a branch and ATM in Littleton, New Hampshire.