Welcomes Dan Werme and Leo Cruickshank

BURLINGTON, VT (November 8, 2017) – Matt Durkee, president of ’s New England Region, announced that Dan Werme and Leo Cruickshank have joined ’s commercial banking team in Burlington.

“Dan Werme and Leo Cruickshank each bring more than 20 years of local banking experience to ,” said Durkee. “Local knowledge and local decision-making are important in every community that serves. As we continue to grow our presence in Vermont, they will both be tremendous assets to our current and new business customers in the area.”

Werme was employed by Merchants Bank for 22 years and advanced to the position of regional manager in the commercial banking department. Before that, he held the positions of commercial banking officer and branch president. Werme earned his bachelor’s degree in economics from the University of Vermont and attended the New England School of Banking. He currently resides in New Haven.

Cruickshank brings 23 years of business banking and lending experience to , most recently as a commercial banking officer. Prior to that, he held the positions of corporate banking administrator and branch manager with Merchants Bank. Cruickshank has trained with the American Institute of Banking, Center for Financial Training and Risk Management Association. He currently resides in Colchester.

About

offers personal banking, business banking and wealth management services from over 150 locations in six states, including New York, Pennsylvania, Vermont, Massachusetts, New Hampshire and Maine. The bank expanded into Vermont in 2009 with the opening of its Vermont Regional Headquarters at 150 Bank Street in Burlington. Today, has four banking locations in Vermont and a total of 15 across New England.

and its parent company, Bancorp, are headquartered in Norwich, NY. Bancorp had assets of $9.2 billion as of September 30, 2017, and is traded on the Nasdaq Global Select Market under the symbol B.

Dan Werme

Leo Cruickshank