April 26, 2017

Federal Reserve Board announces approval of application by Community Bank System, Inc.

For release at 12:15 p.m. EDT

The Federal Reserve Board on Wednesday announced its approval of the application under section 3 of the Bank Holding Company Act of 1956 by Community Bank System, Inc., DeWitt, New York, to acquire Merchants Bancshares, Inc., South Burlington, Vermont.

Attached is the Board's order relating to this action.

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Last Update: April 26, 2017