Vermont Federal Completes Merger with Credit Union of Vermont

Vermont Federal Completes Merger with Credit Union of Vermont

June 24, 2026 –

South Burlington, VT – Vermont Federal Credit Union has announced the completion of its operational integration with Credit Union of Vermont. With all systems fully integrated under the Vermont Federal Credit Union name, the merger, which received regulatory approval in December 2025, is now complete in every respect.

The combined institution will serve more than 63,000 members across nine branch locations throughout Vermont, strengthening its capacity to deliver expanded financial products, enhanced technology, and deeper community investment to members statewide.

"Today is a milestone we have been working toward together, and it's one we should celebrate," said Jean Giard, CEO of Vermont Federal Credit Union. "This isn't just an operational achievement, it's a commitment to every member that we will continue putting their financial well-being first. Bringing these two institutions together means more resources, more accessibility, and more ways for Vermonters to thrive."

"Combining our institutions only strengthens our shared mission," said Bryan Kent, former CEO of Credit Union of Vermont. "We built something strong independently, and together we are positioned to serve Vermont communities with even greater depth and dedication. I'm proud of what this merger represents for our members and for Vermont."

Members of both institutions will continue to experience uninterrupted service throughout and beyond the transition. All accounts, services, and member relationships carry forward seamlessly under the Vermont Federal Credit Union name and platform.

About Vermont Federal Credit Union

Vermont Federal Credit Union is a $1 billion-plus full-service, not-for-profit, cooperative financial institution that has served Vermonters for more than 70 years, with nine locations currently serving over 63,000 members. Members are part of a cooperative, meaning they share ownership in the Credit Union and elect a volunteer board of directors. Vermont Federal Credit Union provides membership to anyone who lives, works, worships, or attends school in Vermont. The Credit Union is committed to supporting its communities and helping Vermonters prosper, no matter where they may be on life’s journey.