Banks in Vermont
Deposit market share, branch network and structure changes for Vermont, from official FDIC data.
Active branches
219
Deposits (2025)
$18.7B
Closings on record
25
Openings on record
8
Largest retail branch networks in Vermont (2025)
| Bank | Deposits | Share | YoY | Branches |
|---|---|---|---|---|
| TD Bank | $3.8B | 20.6% | -0.9% | 18 |
| M&T Bank | $3.6B | 19.5% | -8.6% | 33 |
| Community Bank | $1.5B | 7.8% | -0.2% | 29 |
| Northfield Savings Bank | $1.3B | 6.9% | +6.9% | 13 |
| KeyBank | $992M | 5.3% | +12.6% | 10 |
| Mascoma Bank | $991M | 5.3% | +11.4% | 13 |
| Union Bank | $942M | 5% | +4.2% | 15 |
| Community National Bank | $934M | 5% | +9.9% | 12 |
| Citizens Bank | $869M | 4.7% | -6.0% | 10 |
| The National Bank of Middlebury | $506M | 2.7% | +6.4% | 7 |
| Passumpsic Savings Bank | $485M | 2.6% | +5.7% | 8 |
| The Bank of Bennington | $477M | 2.6% | +7.6% | 5 |
| Bar Harbor Bank & Trust | $381M | 2% | +6.9% | 11 |
| Peoples Trust Company of St. Albans | $333M | 1.8% | +0.5% | 5 |
| The Brattleboro Savings and Loan Association | $248M | 1.3% | -2.5% | 5 |
| Wells River Savings Bank | $213M | 1.1% | +8.5% | 6 |
Includes institutions reporting at least five active branches in Vermont. Deposit share is calculated against all deposits assigned to Vermont offices, so the shares shown do not sum to 100%.
All institutions by deposits assigned to Vermont offices
| Bank | Deposits | Share | YoY | Branches |
|---|---|---|---|---|
| TD Bank | $3.8B | 20.6% | -0.9% | 18 |
| M&T Bank | $3.6B | 19.5% | -8.6% | 33 |
| Community Bank | $1.5B | 7.8% | -0.2% | 29 |
| Northfield Savings Bank | $1.3B | 6.9% | +6.9% | 13 |
| KeyBank | $992M | 5.3% | +12.6% | 10 |
| Mascoma Bank | $991M | 5.3% | +11.4% | 13 |
| Union Bank | $942M | 5% | +4.2% | 15 |
| Community National Bank | $934M | 5% | +9.9% | 12 |
| Citizens Bank | $869M | 4.7% | -6.0% | 10 |
| The National Bank of Middlebury | $506M | 2.7% | +6.4% | 7 |
| Passumpsic Savings Bank | $485M | 2.6% | +5.7% | 8 |
| The Bank of Bennington | $477M | 2.6% | +7.6% | 5 |
| Bar Harbor Bank & Trust | $381M | 2% | +6.9% | 11 |
| Berkshire Bank | $367M | 2% | +3.0% | 0 |
| Peoples Trust Company of St. Albans | $333M | 1.8% | +0.5% | 5 |
| The Brattleboro Savings and Loan Association | $248M | 1.3% | -2.5% | 5 |
| Business Bank, The | $243M | 1.3% | +26.7% | 1 |
| Wells River Savings Bank | $213M | 1.1% | +8.5% | 6 |
| NBT Bank | $147M | 0.8% | -12.0% | 4 |
| Chase Bank | $104M | 0.6% | +21.7% | 3 |
| Ledyard National Bank | $97M | 0.5% | +2.5% | 1 |
| The First National Bank of Orwell | $77M | 0.4% | +8.6% | 2 |
| Claremont Savings Bank | $27M | 0.1% | +19.6% | 1 |
| TrustCo Bank | $16M | 0.1% | +9.5% | 1 |
| Wilmington Trust | $0K | 0% | — | 1 |
Deposit location reflects the office to which deposits are reported and may not represent the residence of depositors. Banks that book nationwide deposits at a single office (for example brokerage or direct banks) can rank far above their local branch presence.
Closings
- M&T Bank — Windsor, VTbank exits city50 MAIN ST · closed June 24, 2026
- 69 MONKTON ROAD - ROUTE 7 · closed June 23, 2026
- TD Bank — Winooski, VTbank exits city27 E ALLEN ST · closed January 29, 2026
- TD Bank — Woodstock, VTbank exits city21 ELM ST · closed January 29, 2026
- 1108 VT ROUTE 149 · closed January 28, 2026
- 1070 NORTH AVE · closed June 5, 2025
- 137 S MAIN ST · closed November 7, 2024
- TD Bank — Enosburg Falls, VTbank exits city427 MAIN ST · closed September 20, 2024
- Union Bank — Johnson, VTbank exits city198 LOWER MAIN W · closed September 6, 2024
- 90 MAIN ST · closed July 12, 2024
- TD Bank — Barton, VTbank exits city424 MAIN ST · closed July 12, 2024
- 100 MAIN ST · closed September 15, 2023
- KeyBank — Barre, VTbank exits city315 N MAIN ST · closed September 15, 2023
- 401 MAIN ST · closed September 15, 2023
- Community Bank — Northfield, VTbank exits city70 DEPOT SQUARE · closed September 30, 2022
- TD Bank — Waitsfield, VTbank exits city5070 MAIN STREET · closed April 23, 2021
- TD Bank — Richmond, VTbank exits city23 PLEASANT STREET · closed April 23, 2021
- 275 KENNEDY DRIVE · closed January 15, 2021
- NBT Bank — Rutland, VTbank exits city122 WEST STREET, SUITE 101 · closed December 4, 2020
- Community Bank — East Thetford, VTbank exits city2930 US ROUTE 5 · closed November 30, 2020
- Peoples Trust Company of St. Albans — Essex Junction, VTbank exits cityONE CARMICHAEL STREET · closed September 30, 2020
- Citizens Bank — Woodstock, VTbank exits city431 WOODSTOCK ROAD · closed June 10, 2020
- Citizens Bank — Shelburne, VTbank exits city5068 SHELBURNE ROAD · closed June 3, 2020
- Union Bank — Danville, VTbank exits city421 ROUTE 2 EAST · closed May 22, 2020
- 93 MAIN STREET · closed January 31, 2020
Transcribed from FDIC BankFind Suite structure-change records, active-location records and the annual Summary of Deposits (June 30 reporting date). Market share is each bank's share of all deposits assigned to FDIC-insured offices in the state.