Archive | April, 2013

24 April 2013 • Brattleboro Reformer Article

28 Apr

Credit union contributes $10,000 to Wilmington Fund

By CHRIS MAYS / Reformer Staff
Posted:   04/24/2013 03:00:00 AM EDT
Updated:   04/24/2013 07:47:11 AM EDT

Vermont State Employee Credit Union delivers a $10,000 Grant to Julie Lineberger on behalf of The Wilmington Fund VT for the purposes of lighting a Village Parking Lot. From left: VSECU Brattleboro Branch Manager, Tina McCosker; Julie Lineberger, Carolyn Palmer, Cliff Duncan, John Gannon, Wilmington Town Manager Scott Murphy, and Lilias Hart. (Chris Mays/Brattleboro Reformer)

Wednesday April 24, 2013

WILMINGTON — A downtown project is getting closer to completion after the Wilmington Fund received a $10,000 grant from a statewide credit union.

“I’d like to thank the Vermont State Employees Credit Union for working with us and making this possible,” said Wilmington Fund board member John Gannon. “It certainly took a lot of partners to bring this project together. The VSECU has helped us finance the lights that are going to go up and make this area important to revitalizing the downtown economy.”

On April 23, VSECU Brattleboro Branch Manager Tina McCosker gave the $10,000 grant to Julie Lineberger, on behalf of the Wilmington Fund board. The check was received by Lineberger in the general vicinity of where the lights will be going up in the near future.

Wilmington Town Manager Scott Murphy also attended the event along with Wilmington Fund board members Cliff Duncan, Carolyn Palmer and Lilias Hart.

The Wilmington Fund previously contributed $10,000 to this project, which will improve the parking lot area behind several downtown businesses. There will also be a maintained small greenspace on the property.

The parking lot was re-paved last summer but there were some finishing touches.

The Mount Snow Valley Chamber of Commerce requested money from the Wilmington Fund when the chamber’s executive director, Adam Grinold, saw an opportunity to obtain a grant through the Vermont Department of Buildings and General Services.

The funds are going towards paying for lighting and other completion work for the project. The Wilmington Fund contributed an additional $5,000 for the parking lot project last year.

The property is behind Sotheby’s International Realty and Pickwells Barn.

Riverwalk Trail runs through that parking lot and there are plans in the making to link Riverwalk with Dover’s Valley Trail.

According to TheWilmingtonFund.org, “The project is part of Wilmington’s Long-Term Community Recovery Plan resulting from the aftermath of Hurricane Irene.”

Completion of the parking lot project is expected for the summer.

The Wilmington Fund has reported receiving seven grants totaling $155,000 “to support economic revitalization of downtown Wilmington.”

The VSECU had expressed to the Wilmington Fund that it had wanted to reach out beyond central Vermont in assisting towns with revitalization efforts post Irene.

Chris Mays can be reached at 802-254-2311, ext. 273, or cmays@reformer.com. Follow Chris on Twitter @CMaysReformer.

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Vermont State Employee Credit Union Grant!

23 Apr

FundVT VSECUPhoto by Jadria Cincotta

Vermont State Employee Credit Union delivers a $10,000 Grant to Julie Lineberger, Board Secretary of The Wilmington Fund VT for the purposes of lighting a Village Parking Lot.  From left to right:  VSECU Brattleboro Branch Manager, Tina McCosker; Julie Lineberger, Carolyn Palmer & Cliff Duncan of the Parking Lot Committee, John Gannon of The Wilmington Fund VT, Wilmington Town Manager Scott Murphy, Lilias Hart also of the Parking Lot Committee.

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New Credit Union in Brattleboro Supports Wilmington

18 Apr

Nice Press Release from the Vermont State Employees Credit Union!-1
Yvonne Garand, VP Marketing & Business Development
Ygarand@vsecu.com / 802 371 5197

BRATTELBORO, Vt., April 23, 2013— VSECU, the only state-wide credit union for all Vermonters, has not only expanded its branch access to Southern, Vermont, but has expanded its gifting with a $10,000 contribution to help finish the final phase of a downtown Wilmington project.

The gift  from VSECU along with a $10,000 grant from The Wilmington Fund VT will be used to pay for lighting and other completion work in a newly constructed parking lot and green space in downtown Wilmington.  The Wilmington Fund VT also contributed an additional $5,000 in 2012 for the parking lot itself in addition to the $10,000 match. The project is part of Wilmington’s Long-Term Community Recovery Plan resulting from the aftermath of Hurricane Irene.

VSECU may be new to Southern Vermont but has something in common with the area. It knows very well the challenges of rebuilding after Hurricane Irene. The credit union lost its branch in Waterbury, Vermont from Irene and had to rebuild an entire new branch facility and also helped that community focus on residential rebuilding.

“Our credit union was heartbroken to see how many of our members were personally affected by Mother Nature, whether it was the loss of a home, vehicle, business or job because their employer couldn’t remain in business after Irene,” said Kate Paine, board member and chair of the Community Contributions Committee at VSECU.

“It was important to us to reach out beyond the Central Vermont area to support other communities we reside in and serve that are working so hard to finish the rebuilding and revitalization efforts from the storm.”

According to Board Members John Gannon & Julie Lineberger, the Wilmington Fund VT has made a total of seven grants totaling $155,000 to support the economic revitalization of downtown Wilmington. “The purpose of the grants is to encourage existing businesses to reopen, help new businesses launch and create jobs in Wilmington’s historic village center,” said John Gannon. As a result of these grants five local businesses have opened or are in the process of re-opening, including the iconic Dot’s Restaurant. “This gift from VSECU will bring to closure the funding needed to complete the project most needed to give people safe and convenient access
for parking.”

The project is expected to be completed this summer.

VSECU is a not for profit banking alternative for all Vermonters. The Brattleboro branch is located in the Price Chopper Plaza. For more information about VSECU, call 802/800 371-5162 or visit http://www.vsecu.com.

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