Using Business as a Force for Good - Mascoma Bank

Using Business as a Force for Good

Row of small business storefronts on Church St in Burlington

Mascoma Bank has served as a progressive and steady partner for businesses in Northern Vermont for the past three decades. Today, as a Certified B Corp, we use business as a force for good with three retail offices in the Burlington area and a complete team of banking specialists to better serve neighbors, businesses, nonprofits, and the community. As the only Certified B Corp bank serving Northern and Central Vermont, we are different by design, earmarking 10% of our pre-tax income for philanthropy, and making decisions locally so you know the person you talk to understands where you are coming from and is ready to help.

Commercial Lending

As a business person, you understand how important it is to know your customer and provide that special service that sets you apart from your competition. The business bankers at Mascoma Bank understand this. That’s why we take the time to get to know you and your business personally, and work with you to create a package of banking services that best helps your business grow and flourish.

Commercial Lending Team Members

Terry Johansson sitting at a desk with an eager smile

Terry Johansson

As a Senior Vice President and Commercial Lender at Mascoma Bank, Terry brings decades of experience in all facets of commercial lending in Northern Vermont. Terry has a long track record of structuring complex transactions that help companies of all sizes to grow and prosper. She has worked with commercial real estate developers, manufacturers, medical practices, and myriad business construction and capital expenditure projects. She looks forward to helping local businesses succeed in Chittenden County and beyond. Learn more about Terry.

Peter Jones sitting behind a desk with a large, welcoming smile

Peter Jones

Peter joined Mascoma Bank in 2014 as a Senior Vice President, Commercial Lending, at our Loan Production Office in Burlington. A native of Chittenden County, Peter began his banking career in 1989 after graduating from Johnson State College. Peter is also a graduate of the American Bankers Association Stonier Graduate School of Banking. Peter lives with his family in Morrisville. Learn more about Peter.

Cailin McMurdo-Minnich headshot

Cailin McMurdo-Minnich

Cailin joined Mascoma Bank in 2019 as Vice President, Commercial Loan Officer in the Burlington, Vermont, area. Cailin is passionate about helping Vermont businesses and has a broad understanding of commercial and industrial loans, as well as real estate loans. She also supports the community she lives in by actively volunteering and serving on the board for the Boys & Girls Club of Burlington. She has spent extensive time in the Vermont School Districts teaching financial literacy to students of all ages. Learn more about Cailin.

“They are an independent bank, able to make decisions quickly.”

“Mascoma Bank is here to help.”

Mortgage Lending

For more than 120 years, Mascoma Bank has been meeting the mortgage needs of the people in New Hampshire and Vermont. We combine the latest technology with outstanding personal service. Your home is your most important investment. Be sure you finance it with local experts who know the community and are dedicated to your needs.

Christie Mitchell

Christie Mitchell began her career in the mortgage lending industry in 1984, after being honorably discharged from the U.S. Navy. She joined Mascoma Bank in 2020, serving Burlington, Vermont, and the surrounding Chittenden County area. Her industry knowledge and broad understanding of products and guidelines allows her to provide the highest level of customer service to her clients.

NMLS #515972

Top 10 reasons to use a community bank for your mortgage needs:

The people on the other side of the desk might be your new neighbors.

Have a question? A real person within your local branch will answer your phone call.

Need a recommendation? We know where to go for excellent service.

We consider the people behind the loan application, not just the numbers on the form.

We serve coffee at our offices. And sometimes cookies.

We combine world-class knowledge with local know-how.

We work and live in the regions we serve, so we know what we’re talking about.

You’ll eventually find us next to you volunteering at a local nonprofit organization in your town.

We pay attention to the social welfare of people and their pets.

We love our jobs and we want you to love how we do our jobs.

Branch Locations

Shelburne location of a red brick building with glass doors leading into bank

South Burlington

Easy to access, right on Shelburne Ave., our friendly staff is ready to help. And we have a fridge stuffed with “B Snacks” from some of our favorite local vendors. Stop by and say hello on your way home, to work, or when you are shopping.

Mascoma Bank on Pine Street in Burlingont, VT

Pine Street

Look for us in the Maltex building in the heart of the Arts District. Easy to access from most parts of the city, our branch office also offers two conference rooms that we make available to community groups who need a place to meet. And, of course, don’t forget to check the fridge for locally produced B Snacks.

Front of location within Jake's Market with podium in the front, couch on the left and wall of glass windows behind

Old North End

Walk, bike, or drive to our branch at Jake’s Market in Old North End, where convenience is key.

Private Banking

Private Banking at Mascoma Bank starts with what we have always been known for: putting our customers first, understanding the big picture, and providing the right tools to meet every goal. Private Banking blends these ideals together with a level of expertise and coordination that helps today’s professionals navigate increasingly complex financial needs.

portrait of Bethany Dubuque

Bethany Dubuque

Throughout her career, Bethany has focused on delivering the highest-quality professional practice and personal banking services to clients in Chittenden County. With over 35 years of professional banking experience, Bethany was most recently Senior Private Banker, Senior Vice President at People’s United Bank. She provides advice, counsel, and personalized customer service tailored to meet the individual needs of her clients. Learn more about Bethany.

portrait of Karen Bryce

Karen Bryce

Karen has over 14 years’ of experience working with Private Banking clients. She is a member of Women In Leadership and has completed the Lead From Any Chair program. She has received several awards from her colleagues for her dedication and hard work in Private Banking. Karen lives in Charlotte, Vermont, with her husband and two cats. She enjoys exercising, exploring different types of food cultures, and spending time with family and friends. Learn more about Karen.


Since the beginning, it has been our commitment to give back to the cities and towns where we live and work. From municipalities to local not-for-profit organizations of every stripe, the Bank’s philanthropic efforts have always been geared towards strengthening our communities. Each year, the Bank and the Mascoma Bank Foundation donate more than $1 million to local organizations throughout Northern New England. Take a look at some of the places in Burlington that have benefitted from this commitment.


A non-profit arts organization with a mission to promote the interdependence between art and business to enhance the vibrant, creative and diverse community of the South End Arts District. Mascoma Bank supports their annual Art Hop event, a free weekend event community members can view different art exhibits across the South End.

SEABA logo

Burlington City Arts

Burlington City Arts nurtures a dynamic environment through the arts, making quality experiences and opportunities accessible to a broad audience. Mascoma Bank is proud to be a lead sponsor of the full exhibition season.

Very Merry Theatre

Very Merry Theatre is a dynamic organization that provides children from the ages of five to eighteen with the opportunity to produce and perform original plays through their schools. Mascoma proudly sponsors the Summer Wagon Tour which gives students the opportunity to get outside and enjoy performing theatre on a traveling wagon.

Very Merry Theatre logo

Downtown Winooski

A nonprofit serving the city of Winooski with the goal of having a positive impact on the economic and cultural vitality of the city. Mascoma proudly supports Winooski Wednesdays, a free summer concert series and outdoor market that pulls the community together.

Downtown Winooski

University of Vermont

Mascoma Bank is proud to partner with UVM Catamount athletics, sponsoring a series of 10 games throughout the year that raise money for the “Rally Against Cancer” (RAC). Funds raised will go directly to supporting cancer research at the University of Vermont Cancer Center.