UNB - Union Bankshares, Inc.

NasdaqGM - NasdaqGM Real Time Price. Currency in USD

Union Bankshares, Inc.

20 Lower Main Street
Morrisville, VT 05661
United States
802-888-6600
http://www.ublocal.com

SectorFinancial Services
IndustryBanks - Regional - US
Full Time Employees193

Key Executives

NameTitlePayExercisedYear Born
Mr. David Scott SilvermanPres, CEO & Director487.94kN/A1961
Ms. Karyn J. HaleVP, Treasurer & CFO187.66kN/A1970
Mr. John H. SteelSec. & Director43.52kN/A1950
Ms. Kristy Adams AlfieriAssistant Sec.N/AN/AN/A
Ms. Patricia N. HoganSr. VP & Sr. Risk OfficerN/AN/AN/A
Amounts are as of December 31, 2018 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.

Description

Union Bankshares, Inc. operates as the bank holding company for Union Bank that provides retail, commercial, and municipal banking 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 and commercial real estate loans; consumer loans; and municipal loans; commercial loans for plant and equipment, working capital, real estate renovation, and other business purposes to business owners and investors; and residential real estate loans. In addition, it offers small business administration guaranteed, and residential construction and mortgage 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; remote deposit capture services; and online mortgage application services. Further, the company provides business checking accounts; standby letters of credit, bank checks or money orders, and safe deposit boxes; ATM services and cards; debit cards; and 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, fiduciary, 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. The company operates 18 banking offices, 2 loan centers, and various ATMs. Union Bankshares, Inc. was founded in 1891 and is headquartered in Morrisville, Vermont.

Corporate Governance

Union Bankshares, Inc.’s ISS Governance QualityScore as of June 25, 2019 is 4. The pillar scores are Audit: 2; Board: 6; Shareholder Rights: 3; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.