Company Description
Union Bankshares, Inc. operates as the bank holding company for Union Bank that provides retail, commercial, and municipal banking products and services in northern Vermont and New Hampshire.
It offers retail depository services, such as personal checking, savings, money market, IRA/SEP/KEOGH, and health savings accounts, as well as certificates of deposit.
The company also provides commercial real estate loans; commercial loans for plant and equipment, working capital, real estate renovation, and other business purposes to business owners and investors; small business administration guaranteed loans; residential construction and mortgage loans; municipal financing, including loans and excess deposits secured by FHLBB letters of credit; and home improvement loans and overdraft checking privileges against preauthorized lines of credit.
In addition, it offers online cash management services, including account reconciliation, credit card depository, automated clearing house origination, wire transfers, positive pay and night depository services; merchant credit card services for the deposit and immediate credit of sales drafts; remote deposit capture services; and online mortgage application and consumer deposit account opening services.
Further, the company provides business checking accounts; standby letters of credit, bank checks or money orders, and safe deposit boxes; ATM cards and services; debit cards; telephone, internet, and mobile banking services, including bill pay; and wealth management, fiduciary, and trust services.
It offers retail banking services to individuals; and commercial banking services to small and medium sized business corporations, limited liability companies, partnerships, and sole proprietorships, as well as nonprofit organizations, local municipalities, and school districts.
Union Bankshares, Inc. was founded in 1891 and is headquartered in Morrisville, Vermont.
| Country | United States |
| Founded | 1891 |
| IPO Date | Jun 11, 1998 |
| Industry | Banks - Regional |
| Sector | Financials |
| Employees | 197 |
| CEO | David Silverman |
Contact Details
Address: 20 Lower Main Street, PO Box 667 Morrisville, Vermont 05661-0667 United States | |
| Phone | 802 888 6600 |
| Website | ublocal.com |
Stock Details
| Ticker Symbol | UNB |
| Exchange | NASDAQ |
| Stock Type | Common Stock |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | 0000706863 |
| CUSIP Number | 905400107 |
| ISIN Number | US9054001071 |
| Employer ID | 03-0283552 |
| SIC Code | 6022 |
Key Executives
| Name | Position |
|---|---|
| David Scott Silverman | President, Chief Executive Officer and Director |
| Timothy Willis Sargent | Independent Vice Chairman and Secretary |
| Karyn J. Hale CPA | Vice President, Treasurer and Chief Financial Officer |
| Kristy Adams Alfieri | Assistant Secretary |
| Patricia N. Hogan | Senior Vice President and Senior Risk Officer |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Mar 25, 2025 | 10-K | Annual Report |
| Mar 18, 2025 | EFFECT | Notice of Effectiveness |
| Feb 24, 2025 | S-3 | Registration statement under Securities Act of 1933 |
| Feb 12, 2025 | SCHEDULE 13G | Filing |
| Feb 6, 2025 | 8-K | Current Report |
| Jan 15, 2025 | 8-K | Current Report |
| Dec 18, 2024 | 8-K | Current Report |
| Nov 21, 2024 | S-8 | Securities to be offered to employees in employee benefit plans |
| Nov 21, 2024 | S-8 POS | Securities to be offered to employees in employee benefit plans, post-effective amendments |
| Nov 21, 2024 | 8-K | Current Report |