Union Bankshares, Inc.
NASDAQ Global MarketCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Jeffery F. Weidley
- Full Time Employees
- 195
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- 20 Lower Main Street Morrisville VT United States of America 05661-0667
- IPO Date
- Aug 9, 1999
- CIK
- 0000706863
- Website
- ublocal.com
- Similar Companies
- Business
- Union Bankshares, Inc. (NASDAQ: UNB) serves as the bank holding company for Union Bank, a full-service community bank offering retail, commercial, municipal banking, and wealth management services throughout northern Vermont and New Hampshire; retail products include personal checking, savings, money market, IRA/SEP/Keogh, health savings accounts, and certificates of deposit, while commercial offerings encompass real estate loans, construction loans, loans for plant and equipment, working capital, business purposes, small business administration guaranteed loans, residential mortgages, home improvement loans, overdraft privileges, business checking accounts, standby letters of credit, merchant credit card services, remote deposit capture, online cash management including account reconciliation, automated clearing house origination, wire transfers, positive pay, safe deposit boxes, ATM and debit cards, telephone, internet, mobile banking with bill pay, and fiduciary, trust, and asset management services through its Asset Management Group. Founded in 1891 and headquartered in Morrisville, Vermont, the company operates 18 banking offices, three loan centers, and multiple ATMs, maintaining $1.6 billion in consolidated assets, $1.2 billion in net loans, and $1.2 billion in deposits as of September 30, 2025, with a focus on individuals, small- and medium-sized businesses, partnerships, sole proprietorships, nonprofits, local municipalities, and school districts. Recent developments include strong financial performance with Q3 2025 net income of $3.4 million, up significantly from $1.3 million in Q3 2024, driven by 5.1% loan growth to $1.18 billion and increased residential loan sales to the secondary market; a balance sheet repositioning of its investment securities portfolio completed in 2024; a change in independent auditor from Berry, Dunn, McNeil & Parker, LLC to BDMP Assurance, LLP effective for the fiscal year ending December 31, 2025; an update to its Insider Trading Policy; and the appointment of a new director to its subsidiary board in November 2025.
Union Bankshares Announces Earnings for the three and six months ended June 30, 2026 and Declares Quarterly Dividend
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Union Bankshares Announces Earnings for the three and six months ended June 30, 2025 and Declares Quarterly Dividend
Union Bankshares Announces Earnings for the three months and year ended December 31, 2024 and Declares Quarterly Dividend