The Bank Slate


Organizers apply to form Bank of Burlington in Vermont

A group is looking to form a bank in Burlington, Vt. 

Organizers of Bank of Burlington applied on Tuesday with the Federal Deposit Insurance Corp. for deposit insurance. The application wasn’t immediately available.

A public notice filed in conjunction with the application listed 19 organizers, including Bruce Lisman, a former chairman of the global equities division of JPMorgan Chase. 

At least three organizers have ties to Champlain Investment Partners, including CEO Judith O’Connell. The others are Eri Ode, Champlain’s chief financial officer, and Corey Bronner, an analyst.

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