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Salisbury Bank is now NBT Bank

Salisbury Bank is now NBT Bank
The merger between Salisbury Bank and Trust is complete. From right, NBT President and CEO John Watt, Jr., Rick Cantele, former president of Salisbury Bank and now Executive Vice-President for NBT, and Andreas Kapetanopoulos, NBT’s Connecticut Regional President. 
Photo by Patrick L. Sullivan

LAKEVILLE — The NBT Bank merger with Salisbury Bank is complete.

On Monday morning, Aug. 14, Rick Cantele, the erstwhile president of Salisbury Bank and Trust, was overseeing the transition with NBT President and CEO John Watt, Jr., and Andreas Kapetanopoulos, NBT’s Regional President for Connecticut.

Watt said the transition was going smoothly, and he had just fielded a call from a customer regarding online banking services.

The three executives stopped in at different branches over the weekend to check on things.

Watt said maintaining the same level of personal service Salisbury Bank customers are used to is a top priority.

The branch employees “are as valuable to us as they were to Rick and his team.”

Watt said NBT is “focused on community. It’s what gives us a competitive advantage over the big banks.”

NBT now has 153 branches in New York, Pennsylvania, Vermont, Massachusetts, New Hampshire, Maine and Connecticut.

“We’re often the only bank in town,” said Watt.

NBT has earmarked $500,000 for Northwest Corner and Hudson Valley nonprofit organizations.

Cantele, who is now an executive vice-president of NBT and a member of the NBT board, said the donations to nonprofits will focus on affordable housing, food security, and family services.

The three executives were persuaded to take a short stroll to the new sign in front of the Lakeville branch.

The sign reads “NBT Bank of Lakeville.”

Watt said each branch’s sign is similar, with the name of that particular town.

 

This article has been updated to correct the identification of John Watt, Jr., President and CEO of NBT Bank.

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