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Union Bankshares Inc
20 Lower Main Street
Phone: (802) 888-6600p:802 888-6600 MORRISVILLE, VT  05661  United States Ticker: UNBUNB
Business Summary
Union Bankshares, Inc. is a one-bank holding company whose sole subsidiary is Union Bank. Its business is that of a community bank in the financial services industry. The Union Bank provides full retail, commercial, municipal banking, and wealth management and trust services. It is providing retail banking services to individuals and commercial banking services to small and medium sized business corporations, limited liability companies, partnerships, and sole proprietorships, and nonprofit organizations, local municipalities and school districts within its market area. Its products and services include commercial loans for business purposes to business owners and investors for plant and equipment, working capital, real estate renovation and other sound business purposes; commercial real estate loans on income producing properties, including commercial construction loans; online mortgage applications; business checking accounts; online consumer deposit account opening, and others.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
Yes--Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/202312/31/2023YesYes---

Industries
SIC Code Description
6022 State commercial banks
6029 Commercial banks, not elsewhere classified
6091 Nondeposit trust facilities
6712 Offices of bank holding companies

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Independent Chairman of the Board Cornelius J.Van Dyke 69 5/15/2019 1/1/2010
President, Chief Executive Officer of the Company and bank, Director David S.Silverman 62 5/16/2012 11/17/2010
Chief Financial Officer, Vice President, Treasurer Karyn J.Hale 53
4 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
UNION BANK 75 NORTH MAIN STREET MORRISVILLE VT US

Business Names
Business Name
UNB
Union Bank
Union Bankshares Inc.

General Information
Number of Employees: 197 (As of 12/31/2023)
Outstanding Shares: 4,519,388 (As of 3/22/2024)
Shareholders: 492
Stock Exchange: NASD
Federal Tax Id: 030283552
Email Address: Depops@unionbankvt.com


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Wednesday, May 1, 2024