Union Bankshares Inc.
20 Main Street
PO Box 667
Morrisville,
VT 05661
United States - Map
Phone: 802-888-6600
Fax: 802-888-6610
Web Site: http://www.unionbankvt.com
| Union Bankshares, Inc. operates as the bank holding company for Union Bank, which provides various commercial and retail banking services in northern Vermont and New Hampshire. The companys deposit product portfolio includes personal and business checking accounts, NOW accounts, savings accounts, money market accounts, certificates of deposit, and IRA/SEP/KEOGH accounts. Its loan product line comprises commercial loans for plant and equipment, lines of credit, working capital, and real estate renovation; commercial real estate loans on income producing properties, including commercial construction loans; SBA guaranteed loans; municipal term loans and construction financing; home improvement loans, home equity lines of credit, and overdraft checking privileges; residential mortgage loans; and B.U.I.L.D. loans for residential construction. The company also offers online cash management services, such as account reconciliation, credit card depository, automated clearing house origination, wire transfers, and night depository; and merchant credit card services for the deposit and immediate credit of sales drafts from retail merchants, restaurants, professionals, and the local tourism industry. In addition, it provides debit MasterCard and VISA credit cards; standby letters of credit, travelers or bank checks, and safe deposit boxes; automated teller machine (ATM) services and cards; telephone and Internet banking services; and asset management services to individuals and organizations. The company primarily 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 March 31, 2009, it operated 14 banking offices and 29 ATM facilities in Vermont; and 1 branch and 1 ATM facility in Littleton, New Hampshire. The company was founded in 1891 and is headquartered in Morrisville, Vermont. |
|
| Key Statistics |
| |
| | Pay | Exercised | Mr. Kenneth D. Gibbons , 62
Chief Exec. Officer, Pres, Director, Chief Exec. Officer of Citizens Savings Bank, Chief Exec. Officer of Union Bank, Pres of Union Bank, Interim Pres of Citizens Saving Bank, Director of Citizens Saving Bank, Director of Union Bank, Member of Advisory Board of St Johnsbury, Member of Littleton Advisory Board and Member of Advisory Board of St Albans |
N/A
| N/A | Ms. Marsha A. Mongeon , 53
Chief Financial Officer, Chief Accounting Officer, VP, Treasurer, Chief Financial Officer of Union Bank, Sr. VP of Union Bank and Treasurer of Union Bank |
N/A
| N/A | Mr. Robert P. Rollins , 70
Sec., Director, Chairman of Audit Committee, Member of Compensation Committee, Sec. of Union Bank of Union Bank |
$
31.00K | N/A | Mr. Franklin G. Hovey II, 59
Director, Member of Compensation Committee, Member of Advisory Board of St Johnsbury, Director of Citizens Savings Bank of Union Bank |
$
31.00K | N/A | Mr. Steven J. Bourgeois , 60
Director, Member of Audit Committee, Member of Advisory Board of St Albans of Union Bank |
$
31.00K | N/A |
|
|
|
Dollar amounts are as of
31-Dec-08
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.
| |
|
1.23% Nasdaq 
Profile
