Chittenden Bank celebrates century

first_imgCHITTENDEN BANK CELEBRATES 100 YEARS SINCE CHARTERBurlington, Vermont – One hundred years ago a group of Burlingtoniansdecided that a need existed for a new financial institution in Burlington. On December 7, 1904 Chittenden County Trust Company was established andgiven two years to gather the capital to start operations.The founders of Chittenden County Trust Company were John. J. Flynn,Edward J. Booth, J.H. Macomber, E.F. Gebhardt, W.B. McKillup, E.P.Woodbury, A.O. Humphrey, J.S. Patrick and R.A. Cooke. On March 30, 1906,these individuals organized what is today Chittenden with only $50,000capital.”Chittenden has been a part of the Vermont community since 1904. Onehundred years later, we remain a significant part because of our employeesand our interest in the communities and the customers we serve” saysKathleen Schirling, Director of Marketing with Chittenden Bank.”Chittenden has grown significantly since our start in 1906, but as I lookback at our history through the years, I find one thing that has notchanged–our people! They distinguish themselves by dedicated andexceptional performance across the entire organization. Theyenthusiastically participate in planning and implementing. Thecreativity, dedication and teamwork of our Chittenden family is the reasonfor our past progress and is the foundation of our future growth. Ourpeople have a commitment to change, but we also have a dedication to thosetraditional values, which have always been at the core of Chittenden,”says Schirling.Chittenden is a full-service, Vermont-headquartered and managed bankproviding a wide range of financial services and products to individualsand businesses. As the largest Vermont-based bank in the state, Chittendenoffers over 50 locations. To find out more about Chittenden, visit ourwebsite at www.chittenden.com(link is external) or call your local branch.last_img read more

This week: Highway bill action with credit union relief, more

first_imgNAFCU this week is monitoring next steps in Congress for a House-passed highway bill that would advance association-sought relief on privacy notice requirements and another providing relief regarding certain residential mortgages held in portfolio.H.R. 22, the highway bill, is headed to a conference panel where differences between the House- and Senate-passed bills will be resolved.This multi-year transportation bill passed the House earlier this month and includes an amendment from House Financial Services Chairman Jeb Hensarling, R-Texas, that advances some NAFCU-supported regulatory relief measures for credit unions, including H.R. 601, the “Elimination Privacy Notice Confusion Act.” H.R. 601 would clarify that consumers will receive privacy notices after opening a new account and when their providers’ privacy policies change.This would be a change from the current requirement for annual notices and addresses a part of NAFCU’s five-point plan for regulatory relief.In other action, the House could vote as early as this week on H.R. 1210, the “Portfolio Lending and Mortgage Access Act,” which would provide a safe harbor from certain qualified mortgage requirements for residential mortgage loans held on a mortgage originator’s portfolio. The NAFCU-backed measure was approved by the House Financial Services Committee in July. continue reading » 11SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

Chelsea draw after Terry denies Spurs

first_imgTottenham 1 Chelsea 1Chelsea secured a point against their London rivals thanks to Daniel Sturridge’s equaliser and John Terry’s late heroics.Emmanuel Adebayor netted the opener from Gareth Bale’s cross before Ashley Cole crossed for Sturridge to score his 10th goal of the season.AdChoices广告Adebayor would have won it for Tottenham near the end had Terry not produced a fine saving block to deny him after the striker had latched onto Bale’s pass and beaten keeper Petr Cech.Terry was, predictably, given a hostile reception by the home fans following the Crown Prosecution Service’s announcement that he will be charged with a public order offence following allegations he racially abused QPR’s Anton Ferdinand during October’s west London derby.And the noise inside White Hart Lane was turned up another notch when Adebayor gave Spurs the lead after only eight minutes.The poor defending that has plagued Chelsea under manager Andre Villas-Boas was evident yet again, with Bale catching them out and Adebayor able to score from close range after being set up by the Welshman.But Spurs, while well on top, were then guilty of a defensive lapse of their own which Sturridge punished by capitalising on Benoit Assou-Ekotto’s hesitation to meet Cole’s delivery and haul Chelsea level.The goal galvanised Villas-Boas’ men, who then went close to going ahead when Didier Drogba controlled the ball on his chest and fired against the post from 10 yards out.Chelsea were forced to make two changes before the break, with first Branislav Ivanovic and then Jon Mikel Obi going off injured and being replaced by Paulo Ferreira and Oriol Romeu respectively.But the visitors continued to trouble Spurs early in the second half and keeper Brad Friedel did well to thwart Ramires after the Brazilian had been put through by Drogba.Spurs had the ball in the net via Adebayor’s shoulder but the effort was ruled out, and they should have regained the lead when an unmarked Sandro headed wide.Juan Mata went close at the other end, and Spurs missed another good chance when Bale’s corner found William Gallas, who failed to hit the target.Ramires had an even better opportunity but headed tamely wide, and Romeu was then inches away with a 30-yard drive before Terry’s injury-time block denied Spurs a dramatic victory.Follow West London Sport on Twitterlast_img read more