Welcome to your daily briefing on finance developments in Vermont. Today we're covering 3 key stories including updates on vermont finance headlines. Let's dive in.
3 stories
Vermont Federal Credit Union is a community-focused VT credit union offering a better way to bank for over 70 years.
For finance professionals, the credit union's longevity and community focus reflect a stable, member-oriented option in Vermont's financial landscape.
FDIC data shows the number of U.S. commercial banks and savings institutions fell from 8,680 in 2006 to 5,670 by end of 2017, an average loss of about 274 per year via mergers and acquisitions.
For Vermont finance professionals, this consolidation trend signals a shifting competitive landscape that could affect local banking and credit union dynamics.
NorthCountry Federal Credit Union's commercial lending team offers SBA loans and lines of credit for Vermont businesses, with online application available.
Vermont finance professionals can point business clients to a local credit union actively navigating SBA-backed financing options.
Get Vermont finance intelligence delivered to your inbox every morning.
Subscribe FreeView all past issues
Feature your brand across the U.S., Canada, and select international markets and 10 industry verticals.
Become a National Partner