On December 5, 2022, Salisbury Bank and NBT Bank announced an agreement to merge Salisbury into NBT Bank. The operating philosophies and core values of the two banks are aligned in a way that will benefit our customers, our employees, and our communities in the years ahead.
We anticipate that Salisbury Bank will become a part of NBT Bank during the second quarter of 2023, pending approval by shareholders and required regulatory agencies.
Like Salisbury Bank, NBT operates according to a strong and long-standing community banking philosophy, which focuses on supporting our customers, employees and communities. NBT is consistently recognized for its superior customer satisfaction, and they offer comprehensive omni-channel solutions. This merger will give you access to an expanded set of products, services, and capabilities.
What to expect:
The current Salisbury Bank branch teams and customer facing employees will continue to serve your banking needs. Our goal is to make this transition as smooth as possible, and both NBT and Salisbury Bank are working diligently towards this goal.
We understand that you have many questions that we may not have answers for yet as we are just beginning the integration process. However, we look forward to working closely with NBT Bank to best serve our customers and our communities.
We are in the process of preparing an Account Information Guide which will contain further information and we anticipate mailing it to you in March.
This is an exciting partnership that will enhance our commitment to our communities, provide for expanded products and services, and ensure that we will be here to serve you and provide the high level of personal service you have come to expect from Salisbury Bank.
Rick Cantele
President and CEO Salisbury Bank and Trust Company
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