Union Bankshares, Inc.
Union Bankshares, Inc. (Nasdaq: UNB) operates as a one-bank holding company providing comprehensive financial services through its wholly owned subsidiary, Union Bank, a state-chartered commercial bank established in 1891. The company's website is www.ublocal.com. From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Union Bankshares, Inc. does
In the company’s own words
Union Bankshares, Inc. (Nasdaq: UNB) operates as a one-bank holding company providing comprehensive financial services through its wholly owned subsidiary, Union Bank, a state-chartered commercial bank established in 1891. The company's website is www.ublocal.com.
Union Bank serves as a community bank offering full retail, commercial, municipal banking, and wealth management and trust services across northern Vermont and northern New Hampshire. The bank operates 18 branch banking locations, three loan centers, and multiple ATMs throughout its market area, with services also delivered via telephone, mobile devices, and online platforms. As of December 31, 2025, Union employed 195 full-time employees.
The company's primary revenue sources derive from interest and fees on loans and earnings on other investments. Core lending products include commercial loans for business purposes, commercial real estate loans on income-producing properties, SBA guaranteed loans, residential construction and mortgage loans, and municipal financing. Union also provides online cash management services, merchant credit card services, remote deposit capture, and various retail depository products including checking accounts, savings accounts, money market accounts, certificates of deposit, and IRA accounts. The wealth management group competes for personal and institutional trust business and investment advisory services.
For the year ended December 31, 2025, Union maintained an average loans-to-average deposits ratio of 98.4%, reflecting its strategy of concentrating assets in lending while maintaining prudent levels of high-grade securities and other investments. Deposits serve as the primary funding source, supplemented by principal repayments, securities sales, brokered deposits through CDARS and ICS, and borrowings from the Federal Home Loan Bank and Federal Reserve facilities.
Union competes with local and regional commercial banks, savings banks, credit unions, mortgage brokers, and larger national financial service providers. The bank differentiates itself through emphasis on personal service, local decision-making, community involvement, and convenient locations and hours. Union capitalizes on the flexibility and autonomy of its independent status to provide superior customer service and maintain strong relationships within its communities.
Company details
- Sector
- Financials
- Industry (SIC)
- Banks & Brokers
- Headquarters
- MORRISVILLE, VT
- Fiscal year end
- December
- CIK
- 706863
- SIC
- 6022
Financial performance, year by year
Fiscal 2013–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Union Bankshares, Inc. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · Union Bankshares, Inc.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Could not be determined for this company: bond issues.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
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