History

Passumpsic Savings Bank opened on Main Street
in St. Johnsbury in 1853 and operated as a mutual savings bank until April 1996, when it reorganized as
a state-chartered stock bank.

Passumpsic Savings Bank is now a stock savings bank and is a wholly owned subsidiary of Passumpsic Bancorp., a mutual holding company. Its primary line of business is residential, consumer and commercial lending, and deposit services.

With the formation of the bank’s Investment Management Division, Passumpsic Savings Bank is truly a full-service financial organization offering all products and services associated with the banking industry.

Passumpsic Savings Bank, the largest independent bank in Vermont’s Northeast Kingdom, with offices in St. Johnsbury, Danville, Lyndonville, Island Pond and Newport, Vermont, as well as Littleton, Lancaster, Groveton, and Whitefield, New Hampshire. We also offer several offsite ATM and cash machines.