Union Bankshares Inc $UNB

What the company doesAI summary of filing

Union Bankshares, Inc. is a Vermont-incorporated bank holding company whose sole subsidiary is Union Bank, a state-chartered commercial bank headquartered in Morrisville, Vermont. The Company operates as a community bank with 18 branch locations, three loan centers, and ATMs serving northern Vermont and New Hampshire, offering retail banking, commercial banking, municipal financing, and wealth management and trust services to individuals, small and medium-sized businesses, nonprofits, municipalities, and school districts. The Company generates revenue primarily from interest and fees on loans and earnings on investments, with profitability dependent on net interest income, noninterest income from activities such as loan sales and service fees, credit quality, and general operating expenses. The Company is a revenue-generating financial institution subject to comprehensive regulation by the Federal Reserve Board, FDIC, Vermont Department of Financial Regulation, and SEC. [10-K 2026-03-20]

Segments: Retail banking, Commercial banking, Municipal financing, Wealth management and trust services