September 20, 2019

HUB Happenings

NEFCU acquires Health One
New England Federal Credit Union of Williston announced last week that it has acquired Health One Credit Union, a financial institution serving communities in Michigan and Ohio. The acquisition, which was finalized on Dec. 12, makes Health One a division of NEFCU and adds more than 3,000 members and $15 million in assets to Vermont’s largest credit union.
NEFCU has more than 91,000 members and $1 billion in assets. The acquisition of Health One is part of NEFCU’s strategy to expand into new markets that provide opportunities for future growth.
Health One Credit Union serves employees of Blue Cross Blue Shield in Michigan, and Medical Mutual in Ohio, in addition to its community charter. The institution was placed into conservatorship in May 2014 by the Michigan Department of Insurance and Financial Services, which together with the National Credit Union Administration managed Health One prior to the acquisition, according to John Dwyer, president and CEO of NEFCU.
“As a result of NCUA’s intervention, and following a thorough review by our own team, we have found Health One to be a worthwhile addition to NEFCU,” said Dwyer. “In order for us to continue to provide the types of services and technologies that our members have come to expect, it’s important that we look for opportunities for growth that are consistent with our strengths and our strategic goals. Expanding out of state through this acquisition is a sensible approach that will benefit members of both NEFCU and Health One.”

DEW, others honored
The Association of General Contractors of Vermont and the Vermont Independent Electrical Contractors Association held its 50th Annual Meeting and Best Builder Awards Ceremony on Dec. 2.
The AGC/VT Best Builder Award recipients were:
PC Construction Company for outstanding quality of work and effort in building, new construction category
Kingsbury Companies for outstanding quality of work and effort in specialty, new construction
DEW Construction Corp. for outstanding quality of work and effort in new building, heavy construction
J. P. Sicard Inc. for outstanding quality of work and effort in highway/utility renovation
ST Paving for outstanding innovations in road renovating constructing
Winterset, Inc. for outstanding quality of work and effort in highway, new construction
Bread Loaf Corp for outstanding quality of work and effort in historical renovation, construction



Food Shelf donation 2014

Kyle Bergeron, Evelyn Rivera, and Sue Wainer from New England Federal Credit Union presented a “big check” for $2,500 to the Williston Community Food Shelf last month. On hand to accept the donation were Nancy Leonard, Lois Mason, Ginger Morton, Jen Selwah and Judy Smith.
The Williston Community Food Shelf is dedicated to eliminating hunger in the town of Williston. It is also the primary food shelf serving  St. George, Richmond and Essex. Its mission is to provide high-quality food to those in need in the community, and to connect community members and families with essential support services.
“The Williston Community Food Shelf is truly grateful to New England Federal Credit Union for its continued, very generous support. NEFCU makes a huge impact on our community and helping us fulfill our mission of feeding our hungry neighbors,” said Morton.

GROUPS release business conditions survey results
The Vermont Business Roundtable and Economic & Policy Resources recently announced the third quarter results of their joint initiative, the VBR-EPR Business Conditions Survey. The survey, which is conducted quarterly, takes a look back at the economic conditions of the previous quarter and provides a predictive index going forward.
The survey asked eight questions about the economic outlook, demand, capital spending and employment. Results include:
For the third quarter in a row, most responses to the overall question about the states business climate outlook were neutral to mildly optimistic
More than half of respondents (56 percent) shared negative outlooks specifically with ease of hiring for available positions
For the third quarter in a row, the manufacturing sector had the most optimistic outlook (67 percent) on expected demand and employment


Jonathan DeBrul, vice president of Automaster

Jonathan DeBrul, vice president of Automaster

The Automaster announced last week the commencement of a total renovation and expansion of its free-standing BMW showroom.
Deconstruction began on Nov. 24. The total renovation will include stripping the existing building down to the structural steel and rebuilding an updated showroom, with an expansion of 980 square feet of new showroom space to the existing footprint. Construction is scheduled for completion on April 20, 2015.
Merchants Trust Company announces hire, promotion
Merchants Trust Company recently announced two employee appointments.
Diane Kline joined Merchants Trust Company as personal investment officer. Kline brings an investment and client services background. She will be based at Merchants Bank’s South Hero branch.
Josh Jarvis was promoted to financial advisor I – trust.  Jarvis joined Merchants Bank in 2011 and has worked for more than a year with trust personal investment accounts.

Merchants Bank recently announced Jonathan Watson has been hired for the position of audit director. Watson has over ten years of banking experience, including operations, retail and trust. He is a University of Vermont graduate and has earned the Certified Internal Auditor and Certified Fiduciary and Investment Risk Specialist designations.
GMP recently announced that President and CEO Mary Powell was named Power-Gen 2014 Woman of the Year. Judges selected Powell because of how she has advanced the power generation industry, the positive impact she has made on her community and her leadership.
“It is an incredible honor to be recognized by our industry for the work that is happening in Vermont.  It is truly a gift to get to work every day with an incredible team focused on developing innovative solutions for our customers and communities.  Energy can be transformational in moving customers and society to a more secure and environmentally sound future, and we are determined to lead the way,” Powell said.

The Burlington College Board of Trustees recently appointed Dr. Carol Moore as interim president. The Board and Moore met with faculty, staff, and students in a town hall meeting.
Moore has spent more than 40 years advancing the educational experience—as a professor, an academic dean and most recently, as the former president of Lyndon State College. During her tenure, she successfully led the college through a revision of the mission through strategic planning, increased enrollment and retention, grew academic programs, and completed the college’s first major capital campaign raising $10 million.
“I am fully confident that Carol is capable of moving the College towards the goals of financial stability, enrollment growth, and a bright future.” said board chair Yves Bradley.

Batchelder tapped for head game warden position
The Vermont Fish & Wildlife Department has announced that Lt. Jason Batchelder has been named the new director of fish and wildlife law enforcement. Batchelder will begin the role of Colonel this week, filling the position vacated by Col. David LeCours, who retired in October.

Batchelder has been with the department for 10 years, working most recently in the Morrisville area, first as a field warden and then as the lieutenant for the northeast district since 2013.

ANEW Place announced the addition of Jeff Walton as development & marketing director. Walton recently held the role of director of development for the Vermont Youth Orchestra Association. Prior to that, he was major gift officer, annual giving manager and visiting assistant professor (and men’s soccer coach) at Paul Smith’s College.
“Jeff brings a wealth of knowledge around fundraising, marketing, and community engagement,” says Valerie Brosseau, Executive Director. “His experience and commitment to our mission make him a wonderful addition to our leadership team. We’re thrilled to have Jeff on board at this pivotal time following our recent rebranding, as we find new ways of working with the community to support this important work.”

The U.S. Department of Health and Human Services, the Association for Professionals in Infection Control and Epidemiology, and the Society for Healthcare Epidemiology of America have chosen The University of Vermont Medical Center to receive the 2014 “Partnership in Prevention Award” for achieving sustainable improvements in eliminating healthcare-associated infections. It is the only healthcare organization in the nation to receive the award.
“This prestigious award is one of several recent affirmations of our commitment to providing the safest possible care to each patient,” said John Brumsted president and CEO of The University of Vermont Medical Center, and The University of Vermont Health Network. “I couldn’t be more proud of our dedicated providers and hundreds of other staff who have made us a national model for advancing evidenced-based practice in reducing healthcare-associated infections.”

The Community Health Centers of Burlington Dental Center recently announced the following new dental providers:
Untray Brown is a new pediatric dentist. Brown has 15 years of experience caring for children with complex medical conditions and extensive dental disease at the hospital.
David Jette grew up in St. Albans and received his Dental degree at the University at Buffalo School of Dental Medicine in Buffalo, N.Y. He served two years as a general dentist in Richford and Swanton for the Northern Tier Center for Health.
Jennifer L. Logigian is a graduate of the Arizona School of Dentistry and Oral Health in Mesa, Ariz. and completed a General Practice Residency at Tufts University School of Dental Medicine in Boston.
Rian Stewart attended dental school at Oregon Health and Science University in Portland, Oregon, where he graduated with honors in 2008. Stewart has worked five years as a dentist in private practice, and has a particular interest in pediatric dentistry and global healthcare training and service.

The non-profit, FOCUS ON FILM, announces its hire of a new executive director for the Green Mountain Film Festival. The non-profit hired Rachelle Murphy, a Berlin resident and recent masters of art graduate from Savannah College of Art and Design, on Sept. 1. Murphy coordinated the 2014 festival in Montpelier.
Murphy comes with television and film production credentials, two film degrees, ties to Los Angeles and New York City, and a close relationships with prestigious filmmakers and other film festivals around the country.

Henry Marckres accepted his award from Dave Chapeskie, executive director of the IMSI (left) and Yvon Poitras, president of the IMSI.
Henry Marckres, the Vermont Agency of Agriculture’s consumer protection chief and resident maple syrup expert was awarded the prestigious Lynn Reynolds Award for Leadership in the Maple Industry at the annual meeting of the North American Maple Syrup Council and the International Maple Syrup Institute. Established in 1999 in honor of long-time IMSI supporter and director, Lynn Reynolds, the prestigious award is bestowed annually on a worthy IMSI member in recognition of outstanding leadership in the International Maple Syrup Industry.

Twincraft Skincare recently welcomed Bob Elmergreen as the company’s newest director of business development. Hailing from the Midwest, Bob worked as a sales representative for more than 10 years. Shortly after re-locating to New England with Vans Footwear, he accepted a newly created role at Burton Snowboards as the resort channel sales manager before making the move to Twincraft.

DuBois & King consulting engineers announceD that Shawn Mowery has rejoined the firm as a systems administrator. Mowery brings 20 years of experience providing IT systems administration and management for Internet service providers, schools and financial institutions.
The company also announced that Jacqui Antonivich has joined the firm as an administrative assistant. Antonivich brings more than 20 years of experience providing bookkeeping, customer service, web design and administrative services for architectural, interior design, textile, recreational equipment and healthcare firms, as well as education.

All this weeks News Articles