Vermont

REGULATING AGENCY: Vermont Department of Financial Regulation

Vermont State House

ACCREDITED: 1996

LEAGUE: Association of Vermont Credit Unions

PRIVATE SHARE INSURANCE: No

STATS: (As of June 2021)

Total Number of Credit Unions: 18

  • TOTAL # SCUs: 12
  • TOTAL # FCUs: 6
  • SCU % OF TOTAL (SCUS #/STATE TOTAL #): 67%

Total Assets: $6,235,730,233

  • TOTAL $ SCU ASSETS: $1,948,117,251
  • TOTAL $ FCU ASSETS: $4,287,612,982
  • SCU % OF TOTAL ASSETS (SCUS $/STATE TOTAL $): 31%

Total Members: 406,836

  • TOTAL Members SCUs: 148,914
  • TOTAL Members FCUs: 257,922
  • SCU % OF TOTAL (SCUS/STATE TOAL): 37 %

FUN FACT: Don’t visit the Haskell Free Library and Opera House in Derby Line unless you’re prepped for travel. The stage is in Canada, while the fans watch from Vermont; the entrance is in the U.S., while the stacks are in lumberjack country.


RECENT NEWS

VERMONT PREPARES FOR HURRICANE HENRI

August 21, 2021 – In preparation of Hurricane Henri, the Vermont Department of Financial Regulation (DFR) Commissioner Michael Pieciak encourages Vermonters to verify their flood insurance coverage, prepare for possible flood conditions, and follow recommendations from Vermont Emergency Management.

Before the storm:

  • Listen to state and local officials on storm activity.
  • Sign-up for VT-Alerts to hear emergency alerts.
  • Prepare for the flood by reviewing your property and flood insurance policies.
  • Gather supplies in case a flood leaves you without power, water, fuel, or food.
  • Snap some pictures of your property and do an inventory.
  • Locate and safely store your health, financial, and insurance documents.

After the storm and if your property sustained damage:

  • Be safe when moving in and around damaged property.
  • Notify your insurance agent and company as soon as possible to begin filing a claim.
  • Take photos of the damaged property.
  • Save samples of damaged material, such as carpeting, curtains, and upholstery.
  • Secure your property from further by covering broken windows, damaged walls, or leaking roofs, but do not make permanent repairs.
  • Make a list of the damage and keep receipts of repairs or replacement.
  • Contact your insurance company again if an adjuster is not assigned within two weeks.

STORY ARCHIVE:
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