What Happened?
South Burlington, VT-based Merchants Bank has Appointed Rodney Nelsestuen as Chief Information Officer
About the Company
Established in 1849, Merchants Bank is Vermont’s largest and sole remaining statewide bank. Consumer, business, municipal and investment customers enjoy personalized relationships, sophisticated online and mobile banking options. We have 32 branches conveniently located around the state. Click here to view our 165-year anniversary booklet to read more about our history. Merchants Bank and Merchants Trust Company employ approximately 300 full-time employees and 40 part-time employees statewide. We are proud to have earned several “Best Place to Work in Vermont” awards. For three consecutive years, American Banker ranked Merchants Bank a “Top 200” in America among 851 peers. The ABA Banking Journal listed Merchants Bank #18 among their “Top 25” midsize standouts. Merchants Bank stock is traded on the NASDAQ Global Select Market system under the symbol “MBVT.”
About the Person
Rodney Nelsestuen has been in the financial services industry for his entire career, including most recently at Eastwood Bank as the Vice President of Information Technology. He also has experience as a consultant for global financial institutions and technology companies. Nelsestuen graduated first in his class from the Graduate School of Banking in Madison. He holds a graduate certificate in Information Systems Management from the Keller Graduate School of DeVry University in Milwaukee and Chicago and a Master of Fine Arts from Hamline University in St. Paul. He received his Master in Business Administration from the Keller Graduate School and his undergraduate degree from the University of Wisconsin - Madison.
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