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Starting a Small Business in Northern Vermont and New Hampshire

Ublocal

If you’re thinking about starting a small business in Vermont or New Hampshire, Union Bank is here to support your entrepreneurial dreams. Why start your business in Vermont or New Hampshire? Vermont and New Hampshire have much to offer to aspiring business owners. In summer 2021, New Hampshire saw a record-breaking 4.4

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Vermont exempts bank partners from loan solicitation license for commercial loans

CFPB Monitor

We have been following closely efforts by state regulators, state legislatures and the courts to restrict, or in some cases prohibit, bank model lending programs, so the recent guidance from the Vermont Department of Financial Regulation (“Department”) is welcome news.

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Navigating the Loan Landscape: A Guide to Small Business Financing

Ublocal

SBA loans offer a variety of benefits, such as more flexible lending terms, and they can be a gateway to obtaining conventional financing in the future. If you don’t already have one, you can get free help writing a business plan at one of the SBA’s Small Business Development Centers –find your nearest one in Vermont or New Hampshire here.

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Vermont federal district court rules CFPA does not provide private right of action for alleged usurious loans; denies motion to dismiss EFTA claim

CFPB Monitor

A Vermont federal district court recently issued a decision ruling on the defendants’ motion to dismiss a class action involving allegations that an online tribal lending venture violated federal and state law because of alleged usurious interest rates and other allegedly unlawful features. Rosenblum.

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Raising up nonprofits

Independent Banker

Members of Ledyard National Bank lend a hand to Willing Hands, a nonprofit dedicated to feeding those in need. Decisions were being made by out-of-state folks, leaving the local community without support for or focus on lending, jobs and more. By Tiffany Lukk. When Ledyard National Bank in Hanover, N.H.,

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What Can a HELOC do for You? A Guide for VT & NH Homeowners

Ublocal

Since 1891, Union Bank has been helping our neighbors in Vermont and New Hampshire tap into their home equity and get the most out of homeownership. If you’re unsure of your home’s value, the lending team at Union Bank can help you determine the current amount of equity in your home. When can you begin to tap into your home’s equity?

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Voices of Shelburne, VT

Ublocal

In celebration of our new Shelburne Village branch recently opening, we have collected input and insights from the wonderful community of people working and living in Shelburne, Vermont. Vice President, Branch and Business Development Manager : “After more than 27 years in banking it’s good to finally work for a Vermont based bank.

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