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Credit union buys former Chittenden Bank building

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Posted on February 11, 2013 |
By John Flowers



chittendenbank6023.jpg
THE VERMONT FEDERAL Credit Union has purchased, and will eventually occupy, the former Chittenden Bank building at 1 Court St. in Middlebury. Crews are currently gutting and renovating the long-idle property. Independent photo/Trent Campbell

MIDDLEBURY — After several years of standing idle, the former Chittenden Bank property at One Court Square will soon reopen for business under new ownership.

The Vermont Federal Credit Union on Jan. 23 closed on a deal to buy the former bank property for $850,000. Work crews are now busily gutting the 4,800-square-foot building so that it can be occupied by Vermont Federal employees who are currently operating out of the credit union’s 1,200-square-foot headquarters at nearby 24 Washington St.

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