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18.11.2016 22:01:00

Merchants Bank's $35,000 WARMTH Challenge Grant

BURLINGTON, Vt., Nov. 18, 2016 /PRNewswire/ -- Merchants Bank has partnered with WARMTH again this year to help prevent low-income Vermonters across the state from going without heat this winter. Merchants Bank is offering a matched dollar-for-dollar donation raised for WARMTH beginning on Giving Tuesday, November 29th and running through the end of December 2016. Merchants Bank will match $35,000 in donations!

"When people see that their donation is matched they tend to LEAP on board! Thank you, it truly makes a difference," said Joan White, Development Director at CVOEO. The $35,000 challenge grant will be distributed by CVOEO for use by all five community action agencies statewide for the emergency-based WARMTH program to help offset home heating bills.

Merchants Bank's Senior Vice President, Anita Bourgeois, stated, "Merchants Bank is grateful to be able to support our neighbors this winter. CVOEO does a fantastic job of distributing funds to our community members so that they will have heat. We are grateful for their commitment to our community and are pleased to partner with them again this year. "

"The reduction in LIHEAP funding puts many limited income families at increased risk of going without heat during the winter," said Jan Demers, Executive Director of CVOEO. "Weatherizing a home is the best long-term solution for energy savings, but WARMTH funding provides an emergency lifeline for families in need so they can stay safe and warm in their homes."

About Merchants Bank:
A Vermont-chartered commercial bank established in 1849, Merchants Bank is the largest Vermont-based bank. The bank's business, municipal, consumer, and investment customers enjoy personalized relationships, sophisticated online and mobile banking options, with 31 branches in Vermont and 1 location in Massachusetts, operating as NUVO, A division of Merchants Bank. American Banker ranks Merchants Bank a "Top 200" in America among 851 peers. For more information, go to www.mbvt.com. Where do you want to grow? (Member FDIC, Equal Housing Lender)

Contact: Anita Bourgeois
Merchants Bank, 275 Kennedy Drive, S. Burlington, VT 05403
802-865-1641, abourgeois@mbvt.com

Logo - http://photos.prnewswire.com/prnh/20160302/339656LOGO

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/merchants-banks-35000-warmth-challenge-grant-300365960.html

SOURCE Merchants Bank

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