Merchants Bancshares, Inc. operates as the bank holding company for Merchants Bank that provides commercial banking products and services to individual consumers, businesses, and municipalities. Its deposit products include time and demand deposits, as well as savings, demand, interest bearing checking, and money market accounts. The company s loan portfolio comprises commercial loans, financial and agricultural loans, municipal loans, residential and commercial real estate loans, real estate construction loans, installment loans, and other loans. It also offers cash management, investment management, financial planning, and trustee services. As of December 31, 2016, the company operated 31 full-service banking offices and 37 ATMs in the state of Vermont, as well as 1 full-service banking office in Massachusetts. Merchants Bancshares, Inc. was founded in 1849 and is headquartered in South Burlington, Vermont.

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