# Merchants Bancshares, Inc., Burlington, VT — Federal Reserve enforcement actions against banks and holding companies: action type, effective date and whether it has been terminated For Merchants Bancshares, Inc., Burlington, VT, action is Written Agreement; effective date is 1994-02-18; termination date is 1996-06-03, verified against its source on 2026-08-11. - **Banking organisation:** Merchants Bancshares, Inc., Burlington, VT _(verified: appears in the quote below)_ - **Action:** Written Agreement _(verified: appears in the quote below)_ - **Effective date:** 1994-02-18 _(verified: appears in the quote below)_ - **Termination date:** 1996-06-03 _(verified: appears in the quote below)_ ## What the source says > 1994-02-18,1996-06-03,,,"Merchants Bancshares, Inc., Burlington, VT",Written Agreement,DNE,, ## Source - https://www.federalreserve.gov/supervisionreg/files/enforcementactions.csv Last verified: 2026-08-11. Review by: 2026-09-01. Part of [Federal Reserve enforcement actions against banks and holding companies: action type, effective date and whether it has been terminated](https://referencesource.org/bank-enforcement-actions/).