Case Details

Year Initiated/Committed

1999

Year Resolved

1999

Settlement Amount

n/a

Court

n/a

Docket Number

n/a

Lead State

VT

Participating States

VT

Defendant(s)

Chittenden Bank, Vermont National Bank

Case Description

Two largest banks in Vermont agreed to divest 18 branches to address concerns of the Attorney General. Banks also agreed to provide severance pay for employees terminated after merger and to continue their participation in low income banking grograms.