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There was a need for a different kind of bank.

So we started one.

Theda Bathalon Celley of Walden Joins The Business Bank to Lead Branch Operations

A head shot of a smiling woman with long braided hair and a bright blue top

[South Burlington, VT: June 29, 2026] The Business Bank announces the hiring of Theda Bathalon Celley of Walden, VT as Vice President, Director of Branch Administration, and Branch Manager of its South Burlington office. Theda will manage daily operations for the bank’s two Financial Centers, located in South Burlington and Portsmouth, NH, and will lead retail and business development activities for the South Burlington office.

Theda joins The Business Bank with nearly fifteen years of experience, including branch management, sales, and customer engagement. Most recently, she was Branch Manager of the Morrisville office of Union Bank, where she managed daily operations, led recruitment and training efforts, and was instrumental in a variety of sales and customer relationship initiatives.  Her prior experience includes a variety of customer service and sales positions in the banking, retail, and B2B industries, and in human services, as Behavioral Interventionist with Lamoille County Mental Health Services.

Theda is a passionate leader, dedicated to both personal growth and helping others succeed. In her personal time, she loves playing sports, staying active, dancing, and spending time with friends and family, including her husband and fur babies. 

“I am thrilled to join The Business Bank team and help support its branch operations in Vermont and New Hampshire,” said Theda. “I’ve built my career in banking through hard work, leadership, and a genuine desire to make a difference. I look forward to using my experience to serve the bank’s team and customers by inspiring others, embracing challenges, and leading with both confidence and compassion.”

“We’re very pleased that Theda has joined our team,” said Alison Bruce, SVP/Senior Operations and Compliance Officer of The Business Bank. “Theda’s experience in retail operations and customer relationship initiatives is ideal for this role.  We look forward to her contributions to the bank.”


Why The Business Bank

Local Knowledge

We are guided by a deep understanding and commitment to local market landscape, enabling nimble and flexible local decision-making.

Highly Focused

We are focused on Commercial Businesses. The small organizational structure enables creative lending solutions to grow small and mid-size businesses.

Tech Forward

The Business Bank uses three main providers, focused on cloud-based solutions for greater responsiveness, convenience, and reduced overhead compared to branch-centric banks.