Former Vermont Governor Douglas joins NBT Bancorp board of directors
January 1, 2021 by admin
NBT Bank,NBT Bancorp President and Chief Executive Officer Martin Dietrich today announced that former Vermont Governor James H Douglas has been appointed to the company’s board of directors. NBT Bancorp entered the Vermont market in 2009 with the opening of its NBT Bank Vermont Regional Headquarters in Burlington under the direction of Regional President Matthew Durkee. Today, NBT Bank operates two branches in Vermont ‘ one at its regional headquarters and a second that recently opened in Williston.‘I share with NBT Bancorp a common interest in creating a bright future for our local communities,’ said former Governor Douglas. ‘I am looking forward to contributing to the company’s overall growth and development while offering support specific to NBT’s efforts to expand the banking and financial services it offers to the Vermont marketplace.’Douglas has been serving the people of Vermont for more than 35 years. He served as governor of Vermont since his inauguration in 2003 until earlier this month. During his tenure, he focused on strengthening the state’s economy, reducing the cost of living in Vermont and protecting the state’s natural environment. Prior to serving as governor, he was elected to the Vermont House of Representatives and acted as assistant majority leader and majority leader in his second and third terms, respectively. He also served as secretary of state for 12 years and state treasurer for eight years.In addition to his positions in Vermont state government, Douglas served in key national leadership positions. He is the immediate past chairman of the National Governors Association. In February 2010, President Barack Obama appointed Douglas co-chair of the Council of Governors. He has also been active in a number of community organizations over the years including town moderator for Middlebury, VT, a post he has held for more than twenty years.‘Jim Douglas has proven to be an invaluable leader to the people of Vermont and that is a streak we look to continue with his appointment to our board of directors,’ said Dietrich. ‘His unique understanding and perspective on market dynamics will aid NBT Bancorp’s ability to positively develop the ways in which we serve the communities of Vermont and those across our footprint.’Albany-area businessman Timothy E. Delaney has also been appointed to the NBT Bancorp Board of Directors. Delaney has been affiliated with NBT Bancorp since 2006, when he joined the NBT Bank Board of Directors concurrent with the Company’s acquisition of the Gloversville, NY-based CNB Bancorp. He is the founder and president of The Delaney Group, Inc., a Tetra-Tech company, located in Mayfield, NY.NBT Bancorp Inc. is a financial holding company headquartered in Norwich, NY, with total assets of $5.3 billion at December 31, 2010. The company primarily operates through NBT Bank, N.A., a full-service community bank with two divisions, and through two financial services companies. NBT Bank, N.A. has 124 locations, including 85 NBT Bank offices in upstate New York, two NBT Bank offices in northwestern Vermont and 37 Pennstar Bank offices in northeastern Pennsylvania. EPIC Advisors, Inc., based in Rochester, NY, is a full-service 401(k) plan recordkeeping firm. Mang Insurance Agency, LLC, based in Norwich, NY, is a full-service insurance agency. More information about NBT and its divisions can be found on the Internet at: www.nbtbancorp.com(link is external), www.nbtbank.com(link is external), www.pennstarbank.com(link is external), www.epic1st.com(link is external) and www.manginsurance.com(link is external).NORWICH, NY (JANUARY 26, 2011) ‘ NBT Bancor
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