middlebury national corp (MDVT) Snapshot

middlebury national corp (MDVT) Details

Middlebury National Corporation operates as the bank holding company for National Bank of Middlebury that provides various financial services to individuals and business customers in the west central Vermont. It accepts various deposit products, including checking and savings accounts, investment accounts, money market accounts, demand deposits, individual retirement accounts, and certificates of deposit, as well as provides certificate of deposit account registry services. The company’s loan portfolio comprises mortgage loans; commercial loans, such as term loan, real estate mortgage, revolving line of credit, real estate construction mortgage, land loan, checking overdraft line of credit, letter of credit, and lending partnerships for commercial borrowers; and personal loans comprising automobile, recreational vehicle, boat and motor home, and unsecured loans, as well as loans secured by NBM certificates of deposit, loans secured by stock. It also provides electronic banking services, such as online banking, bill pay, eStatements, and mobile banking services. In addition, the company offers investment and management; trust; estate, tax, and financial planning; and administration services for individuals, non-profit institutions, and corporations. It operates six branches in the west central Vermont. The company was founded in 1831 and is based in Middlebury, Vermont.

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