BNET Industries
Last Fiscal Year Sales:$250.5K
- Private
- US
Dow Jones Description
Chittenden works alongside corporations and municipalities throughout the Northeast helping to finance economic growth and development in the region. Corporate Institutional Trust provides asset management services for non-pension funds held by corporations, non-profits and municipalities. We act as corporate trustee on security agreements, environmental liability trusts and pledge trust agreements. We offer custodial services for holding the securities and assets in our client's portfolios and executing investment instructions. As an escrow agent, we manage in-kind exchanges of property, stock subscription services, court settlements and other contract obligations for our clients. Online access to an organization's portfolio is available through Portfolio Online, our secured Internet service. Portfolio Online is especially useful for corporate clients who are managing multiple accounts. With a single sign-on, the organization's total position can be ascertained quickly and efficiently. Chittenden currently manages over $4 billion in outstanding bond issues and is one of the few northern New England banks skilled at providing bond trustee services. We work with corporations, non-profits and municipalities on the bond issues that help them meet their capital needs (real estate acquisition, new construction, building renovation and equipment purchases). Our trustee services include protecting the financial interest of the bondholders and, as paying agent, performing the...
Senior Vice President of Retail Banking At Chittenden Bank
Louise SandbergNumber of Employees 7
Peer Companies
NAICS Code Commercial Banking: 522110
News & Analysis
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chittenden corp. and fitch ratings - All News and Analysis
Fitch Affirms People's United Financial; Places Chittenden on Rating Watch Negative
NEW YORK -- Fitch Ratings has affirmed People's United Financial, Inc. PBCT Long-Term Issuer Default Rating IDR at 'BBB' and Positive Outlook following today's announcement that PBCT had reached an agreement to purchase Chittenden Corp. CHZ. At the same time, Fitch has also placed the ratings of CHZ on Rating...
Fitch Ratings Affirms Chittenden Corporation; Outlook Stable
NEW YORK -- Fitch Ratings has affirmed the 'A-' long-term Issuer Default Ratings IDRs and 'F2' short-term Issuer Ratings for Chittenden Corporation CHZ and its banking subsidiaries. The Rating Outlook is Stable. A complete list of ratings for CHZ and its subsidiaries is provided below. The ratings for CHZ...
Fitch Assigns Ratings to Chittenden Corporation
NEW YORK -- Fitch Ratings has assigned an 'A-' long-term rating and an 'F2' short-term rating to Chittenden Corporation CHZ and its five bank subsidiaries, Chittenden Trust Company, The Bank of Western Massachusetts, Flagship Bank and Trust Company, Maine Bank & Trust Company, and Ocean National Bank. The Rating Outlook...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Louise Sandberg | Senior Vice President of Retail Banking At Chittenden Bank |
| Rich Johnson | Managing Director of Wealth Management At Chittenden |
| Cynthia H Gubb | Director of Community Development Services At Chittenden Bank |
| Kathy Schirling | Director of Marketing At Chittenden Bank |
| Catherine Eakins | Chittenden Mortgage Loan Originator |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Amy Wright | Board of Directors |
| Andrew Perchlik | Board of Directors |
| Andy Broderick | Board of Directors |
| Elizabeth Glenshaw | Board of Directors |
| Enid Wonnacott | Board of Directors |
| Ernie Pomerleau | Board of Directors |
| Jane Van Buren | Board of Directors |
| Jeff Bercuvitz | Board of Directors |
| John W Kelly | Board of Directors |
| Peter Van Oot | Board of Directors |
| Rian Fried | Board of Directors |
| Richard French | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Chittenden Corp | Senior Vice President of Retail Banking At Chittenden Bank | Current |
| Organization | Position | Status |
|---|---|---|
| Chittenden Corp | Managing Director of Wealth Management At Chittenden | Current |
| Organization | Position | Status |
|---|---|---|
| Chittenden Corp | Director of Community Development Services At Chittenden Bank | Current |
| Organization | Position | Status |
|---|---|---|
| Chittenden Corp | Director of Marketing At Chittenden Bank | Current |
| Organization | Position | Status |
|---|---|---|
| Chittenden Corp | Chittenden Mortgage Loan Originator | Current |
| Organization | Position | Status |
|---|---|---|
| Wake Robin | Board of Directors | Current |
| Chittenden Corp | Board of Directors | Current |
| Cathedral Square Corporation | Director of Development | Current |
Andrew Perchlik is the co-founder and director of Renewable Energy Vermont (REV). REV is a trade association for the renewable energy industry of Vermont. Visit REV on the web at www.REVermont.org.
| Organization | Position | Status |
|---|---|---|
| Renewable Energy Vermont | Co-Founder | Current |
| Renewable Energy Vermont | Director | Current |
| Chittenden Corp | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Chittenden Corp | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Chittenden Corp | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Chittenden Corp | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Chittenden Corp | Board of Directors | Current |
| Pomerleau Real Estate | President | Former |
Jane Van Buren is the Executive Director of Vermont Alliance of Nonprofit Organizations (VANPO), which works to increase the influence and organizational capacity of nonprofit organizations in Vermont through collaboration, education and advocacy. VANPO exists to support all nonprofit organizations in their efforts to remain viable, serve the community, provide a quality workplace for their employees and make vital contributions to Vermont. Visit them on the web at www.vanpo.org. Peter Van Oot is a Director at Downs, Rachlin and Martin law firm. He also serves on the Chittenden Bank Board. His areas of expertise are: corporate law, environmental law and regulatory law. Peter is presently a member of Vermont Governor Douglas' Job Cabinet, the Vermont Law School Environmental Law Center Advisory Board, The Brattleboro Development Credit Corporation Executive Committee and board, and the World Learning, Inc. Executive Committee and board.
| Organization | Position | Status |
|---|---|---|
| Chittenden Bank | Board of Directors | Current |
| Chittenden Corp | Board of Directors | Current |
Jeff Bercuvitz is the president of Community Innovation. He helps foundations, non-profit organizations and government agencies enhance effectiveness by training employees and grantees to create more enthusiasm and involvement in their community work. Jeff trains and coaches community builders and activists around the world, helping them discover ways to make their efforts more successful, sustainable and personally rewarding.
| Organization | Position | Status |
|---|---|---|
| Community Innovation | President | Current |
| Chittenden Corp | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Chittenden Corp | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Chittenden Corp | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Chittenden Corp | Board of Directors | Current |
Richard French is the founder and CEO of Bagel Works, a socially responsible bagel cafe business in Vermont and New Hampshire. Bagel Works is a strong supporter of VBSR and is very committed to the local communities in which the cafes are located.
| Organization | Position | Status |
|---|---|---|
| Bagelworks | CEO | Current |
| Bagelworks | Founder | Current |
| Chittenden Corp | Board of Directors | Current |
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