NEFCU and VSECU, Vermont's two largest credit unions, to merge
WEBFeb 23, 2022 · NEFCU, based in Williston, is the state's largest credit union with $1.9 billion in assets and VSECU, based in Montpelier, boasts $1.07 billion in assets. In a letter to their 95,000 members, NEFCU CEO John Dwyer said, pending approval, by early 2023 the credit unions will merge under the legal entity of New England Federal Credit Union.
VSECU members approve merger with NEFCU | Vermont Business …
WEBSubmitted by tim on Wed, 11/09/2022 - 11:24. Vermont Business Magazine The proposed merger of Vermont State Employees Credit Union (VSECU) and New England Federal Credit Union (NEFCU) was approved by VSECU members who voted during a period that began on September 20 and concluded November 8 at a VSECU Special Meeting held at the Barre Opera House.
DMV launches Online vehicle registration | Vermont Business …
WEBSep 8, 2020 · Vermont Business Magazine Governor Phil Scott and the Department of Motor Vehicles (DMV) Tuesday announced the launch of a new online system for temporary registrations and license plates for private vehicle sales. “This pandemic has changed the way Vermonters do business, and the DMV is no exception,” said Governor Scott. “This new capability allows customers to print a temporary plate ...
Champlain Valley Equipment acquires Essex Equipment’s Kubota …
WEBFeb 11, 2022 · The Kubota dealership will transfer to Champlain Valley Equipment (CVE) on February 15 th, 2022. At that time the dealership will be moving down the road to 157 Pearl Street in Essex Junction with plans to open doors for business on February 21 st, 2022. Financial terms were not released. The primary contact …
VDH: As COVID cases continue to rise, no deaths
WEBMay 11, 2024 · Of the total deaths to date, 934 have been of Vermonters 70 or older. There have been 4 deaths of Vermonters under 30 since the beginning of the pandemic. Cases had been falling in April and May and were as low as 31 at the beginning of May. John Davy, Ph.D, Epidemiologist/COVID-19 Coordinator for …
Vermont minimum wage increases to $12.55
WEBJan 1, 2022 · Vermont Business Magazine The Vermont state’s minimum wage increased today, January 1, 2022, to $12.55 per hour. This is an increase of $0.80 from the previous minimum wage of $11.75. This annual adjustment also impacts the minimum wage for tipped employees. The Basic Tipped Wage Rate …
University of Vermont and BioLabs to launch startup incubator
WEBAug 28, 2024 · University of Vermont and BioLabs to launch startup incubator. Submitted by tim on Wed, 08/28/2024 - 09:51. The Center will offer select tenants nearly 7,000 sq. ft. of shared wet labs, common areas, and flexible office space, which will allow approximately 10-20 early-stage companies to tailor their laboratories according to their needs.
Nolato grows in North America with two expansions
WEBAug 10, 2021 · Nolato Contour’s excellence in medical manufacturing has led to rapid growth, and the company has previously expanded their current facility twice, including 43,000 ft² and 27,000 ft² expansions for added cleanrooms, whiterooms, and warehousing space. In addition to Nolato’s injection molding capabilities, the company also specializes in ...
BED makes deal with FirstLight for hydropower, renewable credits
WEBAug 6, 2024 · As part of the agreement, Burlington Electric Department will purchase clean hydropower and associated VT-1 renewable energy credits produced by FirstLight’s Connecticut hydroelectric facility. Vermont Business Magazine FirstLight, a leading clean power producer, developer and energy storage company, today announced a …
GlobalFoundries gets $1.5 billion for Malta, NY, plant, Vermont to ...
WEBFeb 19, 2024 · A semiconductor chip is assembled in the University of Vermont's Device Characterization Lab, unveiled in October 202 3 as a cooperative effort between UVM, GlobalFoundries and other partners. Photo courtesy UVM. GF and Biden-Harris Administration Announce CHIPS and Science Act Funding for Essential Chip Manufacturing