Northfield Savings’ Tom Leavitt appointed to VHFA board

Vermont Business Magazine Vermont Housing Finance Agency Executive Director Sarah Carpenter announced Governor Phil Scott has appointed Thomas S Leavitt of Waterbury Center to VHFA’s Board of Commissioners. Leavitt, has been President and Chief Executive Officer of Northfield Savings Bank since 2014.  Prior to Northfield Savings Bank, Leavitt was President and CEO of MountainOne Financial in North Adams, MA, and before that he was on the senior management team of Merchants Bank in Vermont for 16 years.

He serves on the Boards of Norwich University Applied Research Institutes, ECHO Leahy Center for Lake Champlain, and the Flynn Center. He is an active member of the Vermont Financial Literacy Commission.

Leavitt earned a BS from the University of New Hampshire and an MBA from the Wharton School of the University of Pennsylvania. He is a native of Burlington, Vermont.

“We’re very excited to welcome Tom to the VHFA Board of Commissioners,” VHFA Executive Director Sarah Carpenter remarked.  “His many years of experience in Vermont banking and his familiarity with our valued partners will be a great asset for VHFA’s Board.”

There are nine members of VHFA’s Board of Commissioners. They include four ex officio members and five members appointed by the Governor of Vermont, representing private and public lending, real estate, housing and community interests.

VHFA is a non-profit agency created in 1974 by the Vermont Legislature to finance and promote affordable housing opportunities for low- and moderate-income Vermonters. Since its inception, the Agency has helped approximately 29,000 Vermont households with affordable mortgages and financed the development of approximately 8,600 affordable rental units.

Source: VHFA 8.31.2017

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