2022 marked merger of Salisbury Bank with NBT Bank

LAKEVILLE — Salisbury Bank and Trust announced on Dec. 5 that it plans to  merge with NBT Bank of Norwich, N.Y.

The SBT announcement said that “Salisbury Bank will become a part of NBT Bank during the second quarter of 2023, pending approval by shareholders and required regulatory agencies.”

SBT president Rick Cantele said NBT is similar to SBT, “in terms of the business model, products, and lending culture.”

Cantele said there won’t be any drastic changes for customers “other than the signs on the buildings and the name on your checks.”

Centele said the NBT management, of which he will be a member, “anticipate keeping all customer-facing” employees.

“And we’ll be keeping the new operations center [on Bissell Street in Lakeville] as a regional operations hub.”

NBT describes itself on its website as a full-service community bank with 140 locations in New York, Pennsylvania, Vermont, Massachusetts, New Hampshire, Maine and Connecticut.

SBT has 14 branches in Connecticut, New York and Massachusetts.

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