News Releases

January 28, 2015

Cynthia Stuart Named Deputy Commissioner of DFR Banking Division

Cynthia Stuart has been named deputy commissioner of the Vermont Department of Financial Regulation's Banking Division, Commissioner Susan L. Donegan announced today. Stuart has more than 18 years of experience in both the retail and community aspects of banking and brings to the job a wealth of knowledge of current operations and senior management.

She has worked at several federal community banks in New Hampshire and Vermont, including Connecticut River Bank NA in Littleton, NH, where she was senior vice president of Retail Banking and Deposit Operations and most recently Ledyard National Bank in Hanover, NH, where she was senior vice president and senior retail banking officer.

Donegan said she is pleased to welcome Stuart to the department and is delighted to have someone of her high caliber join the staff.

"Cynthia has an excellent understanding of community-based banking and exceptional knowledge of both banks and credit unions in Vermont and New Hampshire," she said, "and she will bring extensive experience to the department."

Stuart said she is enthusiastic about her new career on the regulatory side of banking.

"I am anxious to begin my new role as a regulator and I believe my wide range of banking experience and management skills will be an asset to the department," she said, "and being a native Vermonter, I have a great appreciation and understanding of the financial needs of the residents of our state."

Stuart earned her bachelor's degree from Trinity College in Burlington and a master's degree in business administration from Plymouth State University in Plymouth, NH. She also attended the Graduate School of Banking at Louisiana State University and American Bankers Association Bank Marketing School at the University of Colorado.

She lives in Concord with her family. Stuart began her duties on January 26.

Contact: Dale Schaft, Information Management Officer, 802-828-4872

Source: Department of Financial Regulation
Last Updated at: January 28, 2015 16:43:01