Vermont Federal Credit Union to partner with Neagley & Chase Construction Company in the renovation of its new corporate campus
BURLINGTON, VT (May 6, 2021) Vermont Federal Credit Union is pleased to announce that Neagley & Chase Construction Company will oversee the renovation of its new corporate campus and branch located at 275 Kennedy Drive in South Burlington, VT.
An extensive period of planning and review of community-based general contractors with strong portfolios was conducted to seek out and identify a partner to transform the current building to a new branch, member service center and corporate campus. Renovation will begin shortly with a goal of moving in by year end.
Vermont Business Magazine Vermont Federal Credit Union has announced that Neagley & Chase Construction Company will oversee the renovation of its new corporate campus and branch located at 275 Kennedy Drive in South Burlington.
An extensive period of planning and review of community-based general contractors with strong portfolios was conducted to seek out and identify a partner to transform the current building to a new branch, member service center and corporate campus.
Renovation will begin shortly with a goal of moving in by year end. The building is the former headquarters of Merchants Bank.
“This is an important milestone in our growth. We have outgrown our current corporate campus and the renovation and completion of this building is an exciting step forward for us. We will also be opening an additional branch to serve our members and a member service center that will serve as a meeting and conference facility for consumer, mortgage and business lending and investment se
Unemployment rate falls another tenth to 3.1 percent
The Vermont Department of Labor has reported that the seasonally-adjusted statewide unemployment rate for February was 3.1 percent. This reflects a decrease of one-tenth of one percentage point from the prior month’s revised estimate of 3.2 percent. The comparable United States rate in February was 6.2 percent, which was a decrease of one-tenth of one percentage point from the revised January estimate. The decline is largely due to a sharp decrease in the Labor Force from January. The number of unemployed also fell. Both the Labor Force and total Employed represent about 30,000 fewer workers than a year ago, which was pre-pandemic.
Mon, 04/05/2021 - 3:45pm tim
Vermont Business Magazine Women Business Owners Network (WBON) announces a new annual partnership with Vermont Federal Credit Union.
“As a business led by women, Vermont Federal Credit Union is proud to support WBON in their mission to increase opportunities for women,” said Jean Giard, President/CEO of Vermont Federal Credit Union.
WBON board member, Pat Heffernan, said becoming an annual partner shows an organization is committed to supporting participation by current and aspiring women business owners in a gender-equal economy.
“Increasing the diversity of the business owner community and expanding access to leadership opportunities for women is vital for economic growth and brings resilience to our communities.”
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