People in Business: March 2016
Nicolaas Bekker, of Lyme, has been named a vice president and Norwich branch manager for Ledyard National Bank. Bekker has nearly 20 years of customer service experience, first in the hospitality industry and then in banking. He earned a master’s degree in film and television studies from the University of Amsterdam. He began his banking career in Fairfield County, Conn. Since arriving in the Upper Valley in 2010, Bekker has served as...
People in Business: March 2016
Nicolaas Bekker, of Lyme, has been named a vice president and Norwich branch manager for Ledyard National Bank. Bekker has nearly 20 years of customer service experience, first in the hospitality industry and then in banking. He earned a master’s degree in film and television studies from the University of Amsterdam. He began his banking career in Fairfield County, Conn. Since arriving in the Upper Valley in 2010, Bekker has served as...
Mascoma Savings Bank CEO Announces Retirement Plans
Lebanon — Stephen Christy, longtime president and CEO of Mascoma Savings Bank, has announced his retirement, effective Jan. 1, 2017. Christy, who was named 2014 community banker of the year by the New Hampshire Bankers Association, joined the bank as a teller in 1973 and rose through the ranks, taking the helm in 1990. He saw the mutually owned bank through a series of unprecedented changes, including global financial crises, the...
Claremont Ford Dealer Ordered — Again — to Pay Restitution
Claremont — Arrien Schiltkamp, owner of the financially troubled Claremont Ford Lincoln dealership that was forced to close over the summer, had his retail seller license permanently revoked by the state Banking Department last week and was ordered, again, to pay full restitution to consumers and an administrative fine of $265,000. Documents also show that Schiltkamp is being investigated by the Consumer Protection and Antitrust...
Area Bank Feels Online Pressures
White River Junction — Merchants Bank, the sole remaining statewide bank in Vermont, let go 16 employees last week in a move that reflects how customers are beginning to favor online banking over visits to a local branch. Burlington-based Merchants Bank, like banks everywhere, is seeing a decline in on-site transactions at local branch offices and a corresponding rise in online and mobile banking, said Geoffrey Hesslink, president of...
