Merchants Bancshares Inc.
275 Kennedy Drive
South Burlington,
VT 05403
United States - Map
Phone: 802-658-3400
Fax: 802-865-1975
Web Site: http://www.merchantsbankvt.com
| Merchants Bancshares, Inc. operates as the bank holding company for The Merchants Bank, which provides commercial banking products and services in Vermont. The company offers various deposit products, including interest bearing and noninterest bearing checking accounts, savings accounts, time deposits, money market accounts, club accounts, health savings accounts, and short-term and long-term certificates of deposit, including a flexible CD instrument. Its loan portfolio comprises commercial, residential and commercial real estate, installment, construction, home equity lines of credit, and home mortgages. The company also provides cash management services, including investment sweep, line of credit sweep, multiple sweep, and funds concentration; and customary check collection services, wire transfers, safe deposit box rentals, automated teller machines (ATMs), and debit and credit cards. In addition, Merchants Bancshares offers fiduciary services, including trust management and administration, investment management, and estate settlement services; trust services; online and telephone banking services; and bill payment services through the Internet. As of April 29, 2009, it operated 34 full-service banking offices and 42 ATMs in Vermont. The company was founded in 1848 and is headquartered in South Burlington, Vermont. |
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| Key Statistics |
| |
| | Pay | Exercised | Mr. Michael R. Tuttle , 52
Chief Exec. Officer, Pres, Director, Member of Shareholder Value Committee, Chief Exec. Officer of Merchants Bank, Pres of Merchants Bank of Merchants Bank |
$
251.00K |
$
45.00K | Ms. Janet P. Spitler , 49
Chief Financial Officer, Sr. VP, Treasurer, Chief Financial Officer of Merchants Bank, Sr. VP of Merchants Bank and Treasurer of Merchants Bank |
$
179.00K |
$
21.00K | Mr. Thomas R. Havers , 59
Sr. VP of Operating and Admin. Division Mang. of Merchants Bank |
$
179.00K |
$
78.00K | Mr. Geoffrey R. Hesslink , 44
Sr. VP of Merchants Bank and Sr. Lender of Merchants Bank |
$
205.00K | N/A | Mr. Thomas S. Leavitt , 50
Exec. VP of Community Banking & Trust - Merchants Bank |
N/A
| N/A |
|
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Dollar amounts are as of
31-Dec-08
and compensation values are for the last fiscal
year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of
options exercised during the fiscal year.
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