News & Updates
The latest news and updates from Community National Bank, Vermont.
Attention e-statement customers
At the beginning of February some of our e-statement customers received paper statements. If you’re an e-statement customer who received a paper statement you will not be charged a paper statement fee and do not need to sign up again for e-statements. Your next statement will be delivered electronically. We apologize for any inconvenience.
Austin promoted to Chief Operating Officer of Community National Bank
Derby, VT - Stephen P. Marsh, Chairman, President and CEO of Community Bancorp. and Community National Bank is pleased to announce the promotion of Kathryn (Kathy) M. Austin to Chief Operating Officer of Community National Bank.
Kathy has worked at Community National Bank for over 34 years, most recently as Executive Vice President of Community Bancorp. and Community National Bank responsible for Retail Banking. In July 2012, the Directors of Community Bancorp. unanimously voted Kathy on to the Bancorp. Board. At the May 2013 annual shareholders’ meeting, she was elected to continue to serve as a Director until 2015. Kathy is a graduate of both the New England School of Banking at Williams College as well as the Stonier Graduate School of Banking. In 2003, she received the Outstanding Community Banker Award presented by the Vermont Bankers Association. Kathy currently serves as Board Chair of North Country Health Systems. Kathy and her husband Shawn reside in Morgan.
Community National Bank is an independent bank that has been serving its communities since 1851, with offices located in Derby, Derby Line, Island Pond, Barton, Newport, Troy, St. Johnsbury, Montpelier, Barre, Lyndonville, Morrisville and Enosburg Falls. For more information about Community National Bank visit the bank’s Web site, www.communitynationalbank.com.
Cheryl McMahon Receives Community Service Award
Lyndonville, VT - Community National Bank Broad Street Office Manager Mary Marceau recently presented Cheryl McMahon with CNB’s Community Service Award. This award was developed by the bank in 1996 to recognize the “unsung heroes” that make our communities better places to work and live.
Cheryl has donated countless hours to the Lyndon Area Chamber of Commerce serving as Secretary and Chairperson of the Events Committee. She plays a crucial role in organizing the Stars n’ Stripes Festival, The Snowflake Festival and Santa Comes to Lyndonville. She is part of the Kirby Quilter organization and a Caledonia County Fair volunteer. She has worked with a group called “Take Charge” which was created to help improve Kirby’s economic development. Cheryl’s peers describe her as “grace under pressure”. When asked about volunteering in the community Cheryl commented, “It’s important to me to give back to make our community a better place to live”.
Austin Promoted to President
Chairman, President and CEO of Community Bancorp. and Community National Bank Stephen P. Marsh has announced the promotion of Kathryn (Kathy) M. Austin to President and Chief Operating Officer of Community Bancorp. and Community National Bank. Kathy’s promotion will take effect on January 1, 2016.
Mr. Marsh will continue to serve as Chairman and Chief Executive Officer of Community Bancorp. and Community National Bank.
Kathy has worked at Community National Bank for over 35 years, most recently serving as Executive Vice President and Chief Operating Officer with oversight of the bank’s retail operations. Mr. Marsh stated, “Kathy has a long history of increased responsibility and has played a substantial role in the bank’s continued growth. She has unique leadership qualities that will serve her well in her new position.”
Kathy is a graduate of the New England School of Banking at Williams College and the Stonier Graduate School of Banking. She also is a past recipient of the Outstanding Community Banker Award presented by the Vermont Bankers Association. Kathy currently serves as Board Chair of North Country Health Systems and is a member of the Board of Directors of the Northwoods Stewardship Center and the Newport Age-Friendly Advisory Council. Kathy and her husband Shawn reside in Morgan.
Community National Bank (CNB) is an independent bank that has been serving its communities since 1851. CNB has offices located in Derby, Barre, Barton, Derby Line, Enosburg Falls, Island Pond, Lyndonville, Montpelier, Morrisville, Newport, St. Johnsbury and Troy. For more information about CNB please visit communitynationalbank.com.
CNB Closing Two Office Locations
Community National Bank Closing Two Office Locations
Derby,VT—CEO, President and Board Chair of Community Bancorp. and Community National Bank Stephen P. Marsh has announced the bank’s plans to close two office locations in Caledonia County. At the close of business on Friday, July 17, 2015, the bank will permanently close the Broad Street office in Lyndonville and the Federal Street office in St. Johnsbury.
Mr. Marsh stated, “We have conducted an extensive analysis of our branch network with a particular focus on branch usage. This work led us to a more thorough examination of our four Caledonia County offices and their proximity to one another. Given the number of our customers that are choosing to bank with us electronically, we felt that a consolidation of our Caledonia County offices was warranted, and the decision was made to close two locations. We do not anticipate additional office closures at this time.”
The bank will be sending letters to all Caledonia County customers to communicate the closings. After July 17, 2015, all customers choosing to transact business with Community National Bank in a branch office in Caledonia County will be asked to please visit the Memorial Drive office located in Lyndonville, or the Price Chopper office located in St. Johnsbury.
Community National Bank has been serving Vermont communities since 1851 and currently operates offices in Derby, Barre, Barton, Derby Line, Enosburg, Island Pond, Lyndonville, Montpelier, Morrisville, Newport, St. Johnsbury and Troy.