Chittenden Corporation
Encyclopedia
Chittenden Corporation was a banking company founded in Burlington, Vermont
Burlington, Vermont
Burlington is the largest city in the U.S. state of Vermont and the shire town of Chittenden County. Burlington lies south of the U.S.-Canadian border and some south of Montreal....

. The stock was traded on the New York Stock Exchange
New York Stock Exchange
The New York Stock Exchange is a stock exchange located at 11 Wall Street in Lower Manhattan, New York City, USA. It is by far the world's largest stock exchange by market capitalization of its listed companies at 13.39 trillion as of Dec 2010...

 from 1974 to 2007. The company merged on January 1, 2008, with People's United Bank
People's United Bank
People's United Bank, a diversified financial services company with over $22 billion in assets, provides consumer and commercial banking services through a network of subsidiary banks with approximately 300 branches in Connecticut, Vermont, New Hampshire, Massachusetts, Maine and New York...

 in Bridgeport, Connecticut
Bridgeport, Connecticut
Bridgeport is the most populous city in the U.S. state of Connecticut. Located in Fairfield County, the city had an estimated population of 144,229 at the 2010 United States Census and is the core of the Greater Bridgeport area...

.

Chittenden Corporation was a bank holding company that provided financial services through its banking subsidiaries. The company was the holding company parent and owned 100% of the common stock of Chittenden Trust Company (doing business as Chittenden Bank), Flagship Bank and Trust Company, The Bank of Western Massachusetts, Maine Bank & Trust, and Ocean National Bank. Through its subsidiaries, Chittenden offered a variety of lending services, with loans totaling approximately $4.7 billion during the year ended December 31, 2006. Chittenden's largest loan categories were commercial loans and residential real estate loans. Commercial loans included commercial, municipal, multi-family residential
Multi-family residential
Multi-family residential is a classification of housing where multiple separate housing units for residential inhabitants are contained within one building or several buildings within one complex. A common form is an apartment building...

 real estate, commercial real estate and construction. Chittenden owned banks in Vermont, New Hampshire
New Hampshire
New Hampshire is a state in the New England region of the northeastern United States of America. The state was named after the southern English county of Hampshire. It is bordered by Massachusetts to the south, Vermont to the west, Maine and the Atlantic Ocean to the east, and the Canadian...

, Maine
Maine
Maine is a state in the New England region of the northeastern United States, bordered by the Atlantic Ocean to the east and south, New Hampshire to the west, and the Canadian provinces of Quebec to the northwest and New Brunswick to the northeast. Maine is both the northernmost and easternmost...

, and Massachusetts
Massachusetts
The Commonwealth of Massachusetts is a state in the New England region of the northeastern United States of America. It is bordered by Rhode Island and Connecticut to the south, New York to the west, and Vermont and New Hampshire to the north; at its east lies the Atlantic Ocean. As of the 2010...

.

People's United Bank

As of July 2010, all seven banks were integrated under the People's United Bank brand, and no longer are referred to as divisions of the organization.
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