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    Union Bankshares, Inc. (UNB)

    23.96 0.79(3.19%) Jan 23, 4:00PM EST
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    Union Bankshares, Inc.
    20 Lower Main Street
    PO Box 667
    Morrisville, VT 05661
    United States - Map
    Phone: 802-888-6600
    Fax: 802-888-7697

    Index Membership:N/A
    Industry:Regional - Northeast Banks
    Full Time Employees:188

    Business Summary 

    Union Bankshares, Inc. operates as the bank holding company for Union Bank that provides retail, commercial, and municipal banking services in northern Vermont and northwestern New Hampshire. The company offers retail depository services, including personal checking accounts, NOW accounts, savings accounts, money market accounts, certificates of deposit, IRA/SEP/KEOGH accounts, and health savings accounts. It also provides residential and construction real estate loans, commercial real estate loans, commercial loans, and consumer and municipal loans, as well as offers loans for plant and equipment, working capital, real estate renovation, and other business purposes to business owners and investors. In addition, the company offers SBA guaranteed loans; online cash management services, including account reconciliation, credit card depository, automated clearing house origination, wire transfers, and night depository services; merchant credit card services; business checking accounts; and standby letters of credit, bank checks or money orders, and safe deposit boxes. Further, it provides automated teller machine (ATM) services; debit and ATM cards; telephone, Internet, and mobile banking services; home improvement loans and overdraft checking facility against preauthorized lines of credit; customer repurchase agreement sweeps; and asset management and trust services. The company offers retail banking services to individuals; and commercial banking services to small and medium sized corporations, partnerships, and sole proprietorships, as well as nonprofit organizations, local municipalities, and school districts. As of May 30, 2014, it operated 16 banking offices, 1 loan center, and 32 ATMs. Union Bankshares, Inc. was founded in 1891 and is headquartered in Morrisville, Vermont.

    Key Statistics

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    Key Executives 
    Mr. David Scott Silverman , 54
    Chief Exec. Officer, Pres, Director, Chief Exec. Officer of Union Bank, Pres of Union Bank and Director of Union Bank
    Mr. John H. Steel , 65
    Corp. Sec., Director, Member of Compensation Committee, Sec. of Union Bank and Director of Union Bank
    Mr. Jeffrey G. Coslett ,
    VP and Sr. VP of Union Bank
    Mr. Steven J. Bourgeois , 66
    Director, Member of Advisory Board for St Albans and Chairman of Audit Committee and Director of Union Bank
    Mr. Schuyler W. Sweet , 67
    Director, Member of Advisory Board for Northern New Hampshire, Chairman of Compensation Committee, Member of Audit Committee and Director of Union Bank
    Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in USD.
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