Jacquie Dragon Joins Merchants Bank as Senior Vice President, Human Resources

SOUTH BURLINGTON, VT--(Marketwired - Aug 14, 2013) - Michael R. Tuttle, President and CEO of Merchants Bank (NASDAQ: MBVT), is pleased to announce Jacquie Dragon joined the company as Senior Vice President, Human Resources.

"Jacquie brings a deep understanding of organizational development and employee performance to the management team," noted Mr. Tuttle. "Her leadership in these areas will enhance our people power and ultimately deliver an even better customer experience."

Ms. Dragon has over 20 years of HR management experience in financial service, consumer goods, manufacturing, health care, retail and telecommunications. She holds an MS in Industrial and Organizational Psychology, a BS in Social Work, and SPHR from the Society of Human Resources.

"Merchants Bank has an outstanding reputation as a best place to work, and an exceptional group of talented employees," expressed Dragon. "I look forward to working with Mr. Tuttle and the entire team to bring performance to an even higher level."

Ms. Dragon resides in Burlington, Vermont with her family.

Established in 1849, Merchants Bank is the largest Vermont-based bank, independent and locally operated. Consumer, business, municipal and investment customers enjoy personalized relationships, sophisticated online and mobile banking options, more than 30 community bank locations statewide, plus a nationwide network of over 55,000 surcharge-free Allpoint ATMs. Merchants Bank (Member FDIC, Equal Housing Lender, NASDAQ "MBVT"), and Merchants Trust Company employ approximately 300 full-time employees and 40 part-time employees statewide, and has earned several "Best Place to Work in Vermont" awards. American Banker ranks Merchants Bank #10 in America among 851 peers. www.mbvt.com

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