On October 25, Lake Sunapee Bank announced the completion of its acquisition of Randolph National Bank in Vermont. This transaction expands on Lake Sunapee Bank’s presence throughout the Central Vermont Region. With the addition of Randolph National Bank, Lake Sunapee Bank now has a network of 37 banking locations throughout Vermont and New Hampshire. In addition to its banking locations, the Bank operates three offices of McCrillis and Eldredge Insurance and six Charter Trust Company offices.

Randolph National Bank has had a long history of serving its communities for over 130 years, with eight branches located in Randolph, Rochester, Royalton, South Royalton, Williamstown, and Quechee, Vermont.

In commenting on the merger, Stephen R. Theroux, Lake Sunapee Bank President and CEO, says “We would like to extend a warm welcome to the customers and employees of Randolph National Bank. We are excited about this growth opportunity, which will enhance our presence in Vermont and further broaden and diversify the communities served by Lake Sunapee Bank.”

Since 1868, Lake Sunapee Bank has had a very similar history as Randolph National Bank. As a community bank established over generations and focused on customer service, Lake Sunapee Bank is committed to offering sound financial products and services to its customers in a community banking tradition.

About Lake Sunapee Bank

Lake Sunapee Bank, a federally chartered stock savings bank, provides a wide range of banking and financial services throughout our 21 banking offices located in New Hampshire in Grafton, Hillsborough, Merrimack, and Sullivan counties and 16 banking locations in Vermont in Orange, Rutland, and Windsor counties. Through our two wholly-owned subsidiaries, McCrillis and Eldredge Insurance, a full-line independent insurance agency, and Charter Trust Company, a trust and wealth management company, we offer a full array of financial products and services at a high level of expertise to customers at any stage of life.