Local bank continues Chittenden Co. expansion

SHELBURNE | Union Bank has purchased a now-shuttered bank property located at 5068 Shelburne Rd. in downtown Shelburne. The Shelburne Road site was the former Citizens Bank branch office which closed last July. Union Bank officials announced last week that the former Citizens site will soon house a new Union branch. Shelburne will be the third location for the Morrisville, Vermont-based bank in Chittenden County. "...Although we still have a significant amount of renovation and staffing work to complete, we anticipate opening Shelburne Road by mid to late-summer," Union's president and CEO David Silverman said in a statement April 4. "Expansion into Chittenden County has been a key pillar of our strategic growth plan and Shelburne comes on the heels of our 2019 branch openings in Jericho and Williston. Union Bank is proud to offer Vermont-based community banking solutions to the Shelburne area, as well as the entire county." The first floor of the new bank outlet will include a full-service branch and offices with a commercial and residential lending staff. "...There is an additional 3,200 square foot second-floor office space that will become available for lease," Silverman added. Union Bank operates 21 offices, two loan centers, and automated teller machines in both northern Vermont and New Hampshire.

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Local bank continues Chittenden Co. expansion

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