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Merged credit unions NEFCU and VSECU settle on new name: EastRise
The Vermont State Employees Credit Union branch in Burlington seen on Tuesday, September 26, 2023. File photo by Glenn Russell/VTDiggerTwo Vermont-based credit unions that merged in 2023 have announced...
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Costs to repair flood-damaged heating systems freeze out some Vermonters
Barre City shortly after devastating flooding on Tuesday, July 11, 2023. Photo by Sarah Mearhoff/VTDiggerMold stretches in dark masses across Elizabeth Rodriguez’s basement walls. The Barre resident...
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Two former Vermont attorneys general denounce move by New England Federal...
The Vermont State Employees Credit Union branch in Burlington seen on Tuesday, September 26, 2023. Photo by Glenn Russell/VTDiggerTwo former Vermont attorneys general are decrying a move by New England...
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Merger of Vermont’s 2 largest credit unions encounters opposition
The VSECU building in Montpelier on Feb. 23. Photo by Glenn Russell/VTDiggerLed by its former CEO and two former directors, some Vermont State Employees Credit Union members have rallied in opposition...
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Vermont’s 2 largest credit unions to merge
The VSECU building in Montpelier on Wednesday, Feb. 23. Photo by Glenn Russell/VTDiggerVermont’s two largest credit unions are planning to become one.New England Federal Credit Union and Vermont State...
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In push for rural broadband, Vermont groups partner to buy 2,000 miles of...
Christine Hallquist, executive director of the Vermont Community Broadband Board, in Montpelier on Nov. 1. Photo by Mike Dougherty/VTDiggerMore than 2,000 miles of fiber-optic cable is ready to be...
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Southern Vermont bank prepares to lend to pot businesses
Hand-trimmed hemp flower offered by Lily Hill Farm in Eden at the 2019 Industrial Hemp Conference at the Hilton Burlington in Burlington on Friday, Feb. 8, 2019. Photo by Glenn Russell/VTDigger...
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Report: Vermont wages are stuck at 2010 levels
[V]ermont’s economy is growing, but that growth isn’t helping many Vermonters move ahead, according to a new report from Public Assets Institute. The Montpelier-based think tank has been putting out...
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UPDATED: Suspect dead after credit union robbery, standoff at Montpelier High...
Montpelier High School was placed on lockdown Tuesday during a standoff with an armed robbery suspect. Photo by Mike Dougherty/VTDigger (This story was updated Jan. 16 at 2:30, 5 and 11:25 p.m.) [A]...
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Vermont senators oppose bill favored by small banks, credit unions
Senators Sanders and Leahy. File photo by Anne Galloway/VTDigger [W]ASHINGTON — Vermont’s two senators are opposing a banking regulation reform bill that is favored by many banks and credit unions in...
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VSECU partners with $50 million venture capital fund
The VSECU staff at the credit union’s Montpelier headquarters. Courtesy photo [T]he Vermont State Employees Credit Union has announced a partnership with a new venture capital fund known as Vermont...
View ArticleRobert Miller: Investing locally
Editor’s note: This commentary is by Robert Miller, of Shelburne, who is CEO of VSECU and a former commissioner of the Vermont Department of Economic Development. [W]hen you enjoy a Vermont-made...
View ArticleRob Miller: More influence than you realize
Editor’s note: This commentary is by Rob Miller, the CEO of VSECU. He is a former commissioner of the Vermont Department of Economic Development and senior executive with global asset management and...
View ArticleRobert Miller: The power of the cooperative movement
Editor’s note: This commentary is by Rob Miller, a resident of Shelburne, who is CEO of VSECU. He is a former commissioner of the Vermont Department of Economic Development and currently serves on the...
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With new alliance, VSECU explores state’s updated securities rules
Economic Development Commissioner Joan Goldstein speaks Wednesday. Photo by Elizabeth Hewitt/VTDigger [T]he Vermont State Employees Credit Union announced a new partnership with a company Wednesday...
View ArticleVSECU partnership with call center won’t cost Vermont jobs, credit union...
One of the state’s largest nonprofit credit organizations will use workers in Michigan to answer the increasing number of calls it is receiving from members. The Vermont State Employees Credit Union, a...
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VSECU data for 85,000 customers ends up in landfill
Officials at VSECU, the state’s largest credit union, have notified consumers that two unencrypted backup data tapes loaded with customer identification information were mistakenly thrown away and...
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State allows VSECU to use the word “banking” in advertisements
Vermont State Employees Credit Union CEO Steve Post in his office in Montpelier. VTD Photo/Taylor Dobbs State officials will allow the largest credit union in Vermont to use the word “banking” in...
View ArticlePost: Banking on common sense
Editor’s note: This op-ed is by Steven D. Post, the CEO of the VSECU. The Vermont Department of Financial Regulation (DFR) has issued VSECU a notice of intent to serve us a cease and desist order that...
View ArticleKreis: VSECU and the B word — is it bias?
Editor’s note: This op-ed is by Donald M. Kreis, associate director and assistant professor of law at the Institute of Energy and the Environment of Vermont Law School. He also serves on the board of...
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