Our Story, Mission and History

We’ve been serving our Vermont communities for over 165 years. Organized in 1851 as the Peoples Bank and nationally chartered in 1865 as the National Bank of Derby Line. In 1975 we purchased the Island Pond National Bank and changed our name to Community National Bank.

Today we have 12 retail offices in Orleans, Essex, Caledonia, Washington, Franklin and Lamoille counties. We also have 2 loan production offices, one in Chittenden county and the other in Grafton county New Hampshire.
We offer a complete line of personal and business products and services along with offerings for non-profit organizations, municipalities and local governments. We’re one-third owner Community Financial Services Group, LLC, our trust and investment affiliate.

Our contributions to the community, our lending practices and our employee volunteerism make us a genuine community bank, Vermont’s Community Bank. Community National Bank’s corporate color is blue; “true blue” because of our dedication to staying true to our mission proudly displayed in each office.

Collectively channeling our passions for people and community into delivery of financial solutions.

Here’s how this Vermont Community Bank has grown through the years:



Originated as Peoples Bank in Derby Line, VT


National chartered as National Bank of Derby Line



National Bank of Derby Line obtained trust powers


The first branch office opened in Derby, VT and total bank assets were $10.2 million.

Acquired Island Pond National Bank

Changed name to Community National Bank

Main office relocated from Derby Line to Derby, VT and total bank assets were $39.6 million


Barton office opened in the C&C supermarket on Church Street


CNB introduced its exclusive Weekly Payment Mortgage


Community Bancorp., our bank holding company, was formed


Newport office opened in the Fedele’s grocery store on Main Street


Barton office outgrew grocery store and relocated to 103 Church Street


Troy office opened at 4245 VT Route 101


Launched Community Circle seniors’ program


Total bank assets of $143.9 million at year-end


Introduced first "Community Booster Loan" program


Major addition to Derby office completed

Installed first ATM


Island Pond office relocated to historic railroad station at 23 VT Route 105

Telephone Banking offered

Business Circle is started


St. Johnsbury office, first Caledonia County office, opened in Price Chopper building at 857 Memorial Drive


Debit cards offered

Totally Kids Club™ started

Inaugurated Community Service Award Program


Totally Kids Club™ wins national award


Community Circle celebrates 10th anniversary with over 2700 members


Newport office relocated to state office building at 100 Main Street

Became a certified NHFA lender

Internet Banking offered

Became a partner of America's Promise

Won a national "Action Award" from ABA's Center for Community Development



Y2K compliant

Total bank assets of $232 million


Celebrated 150-year anniversary

Montpelier office, the first Washington County office, opened at 95 State Street


Won the Governor's Award for Outstanding Community Service

Community Financial Service Group, LLC trust company was formed and equally owned by Community National Bank, The National Bank of Middlebury and Woodsville Guaranty Savings Bank


Opened Barre office at 316 North Main Street

The 2004 expansion plans for the Derby office new operations center was initiated


Derby office expansion plans were underway


Completed the Derby office expansion

Lending team receives the USDA Rural Development Lender of the Year Award


Lending team receives the USDA Rural Development Lender of the Year Award for the second year running

TK and the Totally Kids Club™ celebrate 10 years of teaching children how to save


August 2, 2007, CNB announced plans to acquire LyndonBank

As of the close of business on December 31, 2007, LyndonBank merged with and into Community National Bank and added Enosburg, Lyndonville and Morrisville offices


Community Circle celebrated the 20th anniversary at the Jay Peak Resort


eStatements offered as an alternate to paper


Released an entirely updated bank website

Entered social media by joining Facebook and Twitter


Initiated the implementation of Document Imaging for electronic delivery, storage and retrieval of documents

Updated the eStatement delivery channel to include electronic delivery of notices in addition to statements


Mobile Banking offered

Launched a mobile version of the bank website

Upgraded Telephone banking service

A bank store with CNB-branded items was made available for employee and customer purchases

Community Circle celebrated their 25th anniversary with celebrations held at each office

Awarded the Vermont SBA Third Party Lender of the Year


Online opening of demand deposit accounts available through bank website and Internet banking


Updated mission, vision and values statements

Mobile Deposit offered

At the close of business on July 17, 2015, the Broad Street Lyndonville office and the Federal Street St. Johnsbury offices were closed and the other two offices in Caledonia County remain open


Adopted new tagline “Vermont’s Community Bank”

Loan Production Office opened in Burlington on 346 Shelburne Road


Began installing Cash Recycler Machines to accept, dispense and store money

Community Circle celebrated 30th anniversary


Loan Production Office opened in Lebanon, New Hampshire

2020 March 13, 2020 Governor Phil Scott declared a state of emergency to ensure that Vermont has all the resources necessary to respond to the Covid-19 pandemic.

March 19, 2020 Decision was made to close lobby doors to the general public. Business was conducted through Drive-thru windows, Night Depository, ATM and Online banking services in an effort to slow the spread of Covid-19.

May 18, 2020 Lobbies opened to the public while following Governor Scott’s guidelines for Social Distancing. Plexiglass barriers were installed for the front line and a supply of face masks were given to employees to wear.
2021 February 1, 2021 Montpelier Office relocated to a new location at 99 State Street. This location adds a drive-thru service.