Thursday tornado near Fountain was an EF0

The National Weather Service has determined the tornado that touched down east of Fountain Thursday afternoon was an EF0, the weakest variety.

Click here to see the tornado analysis and damage photos.His "route," as he called it, stretched from Hartford into Southern Vermont and New Hampshire, and eventually it included several financial institutions, including what was known then as Hampden Savings Bank.In response, the bank expanded into residential and then commercial lending, with the latter being a pattern repeated at some other community banks, thus dramatically changing the business-lending landscape.To maintain historic integrity, Venerable consulted with representatives from the local fire department. "We tried to pay homage to the Portland Fire Department with this project," said Art DeMuro, the owner and manager of Venerable Development."This bank was very different then; it had only 29% of its assets in loans, and subsequently very few loan problems," he explained, adding that the bulk of the holdings were in bonds. "Six weeks after the annual meeting in February 1994, there was a sharp rise in interest rates that led to the worst bond market since 1927; bonds just collapsed."Burton brings to this assignment an interesting background, one with its foundation in accounting, not banking. Indeed, he spent 23 years at KPMG, and didn't even count banks among his clientele until he was roughly seven years into his tenure at the then-Big 8 firm's Springfield office.

The unsettled weather is expected to continue through the weekend, with 3 to 6 inches of snow in the mountains, including on Pikes Peak, and chances of thunderstorms at lower elevations each afternoon.

Author: R SCOTT RAPPOLD