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 the United States.
The company offers retail depository services, such as personal checking, savings, money market, IRA/SEP/KEOGH, and health savings accounts, as well as certificates of deposit.
It 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, the company 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 | 191 |
| 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 |
| Jonathan Jay Gould | Executive Vice President and Senior Commercial Loan Officer of Union Bank |
| Kristy Adams Alfieri | Assistant Secretary |
| Patricia N. Hogan | Executive Vice President and Senior Risk Officer of Union Bank |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Aug 13, 2025 | 10-Q | Quarterly Report |
| Aug 13, 2025 | 8-K | Current Report |
| Aug 7, 2025 | 8-K | Current Report |
| Jul 16, 2025 | 8-K | Current Report |
| May 22, 2025 | 8-K | Current Report |
| May 20, 2025 | 424B5 | Filing |
| May 20, 2025 | 8-K | Current Report |
| May 19, 2025 | 8-K | Current Report |
| May 14, 2025 | 10-Q | Quarterly Report |
| May 1, 2025 | 8-K | Current Report |