XNAS
CMTV
Market cap226mUSD
Sep 24, Last price
40.47USD
1D
3.24%
1Q
2.40%
Jan 2017
161.10%
Name
Community Bancorp
Chart & performance
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Profile
Community Bancorp serves as the parent entity for Community National Bank, offering a broad spectrum of retail banking solutions. These services cater to the financial requirements of individual consumers, businesses, non-profit organizations, and local government bodies. For personal banking, the institution provides checking and savings accounts, convenient ATM and debit/credit card access, night deposit boxes, and contemporary online, mobile, and telephone banking platforms. Business clients benefit from diverse credit facilities, such as financing for commercial real estate, equipment, inventory, and accounts receivable, in addition to letters of credit. Their business offerings also include various checking and deposit accounts, sophisticated cash management services, repurchase agreements, ACH and wire transfer capabilities, and remote deposit capture. The bank specializes in commercial real estate lending, extending credit to commercial developers and investors, residential builders, and community development entities. This encompasses funding for land acquisition, construction ventures, development of residential or commercial properties for investment, real estate-secured financing for existing businesses, and support for emerging startups and small enterprises. Residential customers can secure both fixed and adjustable-rate mortgages, as well as home equity loans. Furthermore, the company provides retail credit for personal expenses, automobiles, and recreational vehicles. For state and local governments, educational institutions, charities, membership organizations, and other non-profit associations, Community Bancorp delivers customized municipal and institutional banking products, including deposit accounts, tax-exempt loans, lines of credit, term loans, and collateralized secured deposit services. The company's operations are centered around its main office in Derby, Vermont, supported by eleven additional branch locations strategically situated across northeastern and central Vermont. Established in 1851, Community Bancorp's corporate headquarters are located in Derby, Vermont.
Key people
Louise M. Bonvechio
Treasurer, Corporate Secretary, Executive Vice President, Chief Financial Officer, Cashier, and Corporate Secretary of Community National Bank · since 2019
Rosemary M. Lalime
Lead Independent Director · since 1985
Kathryn M. Austin
President, Chief Executive Officer, Director of the Company and Bank · since 2017
Jacques R. Couture
Director · since 1992
Stephen P. Marsh
Chairman of the Board of the Company and the Bank · since 2016
David Mark Bouffard
Independent Director · since 2014
Aminta K. Conant
Independent Director · since 2006
David P. Laforce
Independent Director · since 2018
Dorothy R. Mitchell
Independent Director · since 2006
Jeffrey Lee Moore
Independent Director · since 2019
Frederic Oeschger
Independent Director · since 2009
James G. Wheeler
Independent Director · since 2011
IPO date
Nov 10, 1988
Employees
122
Domiciled in
US
Incorporated in
US
Valuation
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