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Home > Company Index > Banking > Banking - Northeast > Chittenden Corporation

Chittenden Corporation
NYSE: CHZ
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 PROFILE
Chittenden owns Chittenden Trust, Flagship Bank and Trust, The Bank of Western Massachusetts, and Maine Bank & Trust. Together the banks serve residents and businesses through some 90 branches in Vermont, Massachusetts, New Hampshire, and Maine; their market extends into Connecticut, New York, and Quebec. Residential real estate loans account for about 30% of the banks' portfolio; other loans include commercial real estate (25%) and commercial, construction, consumer, and lease financing loans. Deposit activities include checking, savings, and money market accounts and CDs. The company also owns Chittenden Connecticut, a three-office mortgage company that sells its loans onto the secondary market.

 COMPETITION
Charter One Financial, Inc. (CF)
FleetBoston Financial Corporation (FBF)
KeyCorp (KEY)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 342.90
1-Yr. Sales Growth: (2.7)%
Employees: 1,672
Revenue per employee: $205,083.73

 KEY PEOPLE
• Paul A. Perrault
    CEO
• Kirk W. Walters
    CFO

 CONTACT INFO
2 Burlington Sq.
Burlington, VT 05401
US
Phone: 802-658-4000
Fax: 802-660-2300
Online: Web Site

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