Congratulations to our business banking partners!
At National Bank of Middlebury, we are honored to have the opportunity to support some of Vermont’s most inspiring businesses with commercial banking services. It is especially exciting when we have the chance to celebrate their achievements, and today, we are happy to share the news that two of our business banking clients have recently received recognition from the U.S. Small Business Administration!
U.S. Small Business Administration – Vermont
Michael Rainville – Maple Landmark, Middlebury – Small Business Person of the Year
Mike Rainville, president and owner of Maple Landmark, has been recognized as Vermont Small Business Person of the Year for Maple Landmark’s “employment growth, financial success, expansion and community involvement.” Mike has been recognized through the years for his games, puzzles and toys but this is the first time he has been recognized for business operations. Maple Landmark was founded in 1979 in Mike’s parent’s basement and now occupies a 28,000 foot facility on Exchange Street in Middlebury. He takes great pride in being an American and Vermont manufacturer. National Bank of Middlebury has been working with Mike for 30 years, assisting him with a loan to move to Middlebury plus two building expansions as well a product line acquisition. NBM is proud to be a part of Mike’s vision to produce locally-sourced, eco-friendly toys and gifts that are sold worldwide. He is a diligent, hard-working businessman and generous community supporter.
Sarah Kaeck – Bee’s Wrap, Bristol – Vermont Woman-Owned Business of the Year
Bee’s Wrap owner Sarah Kaeck epitomizes the successful entrepreneur: turning an idea into a small enterprise into a thriving business with demand for her product in more than 1000 stores in United States and internationally in Europe, Singapore, Hong Kong, New Zealand and Australia. Sarah was selected as Vermont Woman-Owned Business of the Year. Bee’s Wrap is a natural alternative to plastic wrap and consists of organic cotton coated with beeswax to form a wrap available in various sizes. It can be washed and reused and is compostable. Back in 2007 Sarah opened personal deposit accounts with NBM. Shortly after she opened her business Bee’s Wrap, established a business checking account and an operating line of credit. NBM is very happy to be part of Sarah’s highly successful, innovative business. As this wonderful company has grown, we have been able to support Sarah’s borrowing needs and to provide electronic banking services like eCorp to assist in management areas.
These awards will be presented at the Vermont Small Business Awards Ceremony in June cohosted by Vermont Business Magazine. The ceremony is open to the public and registration will be available in May. “These small business owners define entrepreneurial spirit and best represent the 28 million small businesses that are the backbone and economic engine for today’s economy. …” said Administrator Linda McMahon, the head of the U.S. Small Business Administration.