Union Bankshares, Inc. - Common Stock (UNB)

Frequently Asked Questions About Union Bankshares, Inc. - Common Stock (UNB)

How does Union Bank ensure compliance with regulations?

Union Bank ensures compliance with regulatory requirements by establishing robust internal policies and procedures that adhere to federal and state banking laws. The bank maintains a strong compliance team that regularly reviews practices, provides training, and conducts audits to safeguard against compliance risks and to protect customers.

How does Union Bank handle data security?

Union Bank takes data security seriously by implementing advanced security protocols, encryption, and regular security audits to protect customer information. The bank educates its clients about best practices for online safety and employs proactive measures to combat cyber threats, ensuring a secure banking experience for all.

How does Union Bank prioritize customer service?

Union Bank prioritizes customer service by focusing on personalized experiences and building long-lasting relationships with clients. The bank employs local staff who understand the community's needs and values, ensuring that customers receive attentive support and customized financial solutions tailored to their specific situations.

How does Union Bank support small businesses?

Union Bank supports small businesses by offering a range of tailored financial products, such as business loans, lines of credit, and cash management services. The bank's dedicated business banking team is knowledgeable about the unique challenges faced by small enterprises and provides expert advice and resources to help them thrive.

How has Union Bank adapted during economic changes?

Union Bank has adapted to economic changes by continuously monitoring market trends and adjusting its strategies accordingly. This includes offering flexible products to meet changing consumer needs, optimizing operational efficiencies, and maintaining strong capital reserves to weather economic fluctuations.

Is Union Bankshares, Inc. publicly traded?

Yes, Union Bankshares, Inc. is publicly traded on the Nasdaq stock exchange under the ticker symbol UNB. The company’s stock is available for purchase by investors, and it is subject to regular trading activity and market fluctuations, which can reflect the bank's financial performance and industry conditions.

What are the major markets Union Bank operates in?

Union Bank primarily operates in Vermont, serving a wide array of communities within the state. While its main focus is local banking, the bank offers services that extend to certain aspects of regional markets, enabling it to cater to both individual and commercial clients with varying financial needs.

What are Union Bank's main competitors?

Union Bank faces competition from other community banks, regional banks, and credit unions operating in Vermont and surrounding regions. The competitive landscape also includes larger national banks which may attract customers with broader product offerings, requiring Union Bank to emphasize personalized service and community focus to differentiate itself.

What customer segments does Union Bank target?

Union Bank targets a diverse range of customer segments, including individual consumers, small to mid-sized businesses, and non-profit organizations. The bank tailors its products and services to meet the specific needs of each segment, recognizing that financial goals and challenges can vary widely.

What does Union Bankshares, Inc. do?

Union Bankshares, Inc. is a financial services company that operates as a bank holding company. It primarily engages in offering a variety of banking, investment, and financial products and services to individuals, businesses, and communities. The company's subsidiary, Union Bank, provides traditional banking services such as checking and savings accounts, loans, and investment services, focusing on delivering personalized service to its customers.

What is the financial performance of Union Bankshares, Inc.?

The financial performance of Union Bankshares, Inc. is generally measured by its net income, asset growth, and return on equity. The bank has consistently focused on maintaining strong financial health, driven by prudent lending practices and disciplined expense management. Regular financial reports are published for shareholders and the public to review.

What is Union Bank's approach to community involvement?

Union Bank is deeply committed to community involvement, actively participating in local events, volunteer programs, and charitable activities. The bank believes in fostering strong community ties through support of local non-profits, sponsorships, and educational initiatives, reflecting its dedication to enhancing the quality of life for residents.

What is Union Bank's commitment to sustainability?

Union Bank is committed to sustainability through environmentally friendly practices and sustainable lending policies. The bank promotes energy-efficient solutions and supports renewable projects, helping to contribute positively to environmental efforts while serving the financial needs of its clients.

What is Union Bank's strategy for growth?

Union Bank's growth strategy focuses on organic growth through customer acquisition and retention, expanding its service offerings, and exploring strategic partnerships and acquisitions. This approach aims to enhance its market presence and continue delivering value to shareholders, customers, and communities alike.

What technology does Union Bank employ in its services?

Union Bank employs modern banking technology to enhance customer convenience and streamline operations. This includes online banking capabilities, mobile apps for easy access to accounts, and various digital payment options, allowing customers to manage their finances securely and efficiently anytime and anywhere.

What types of services does Union Bank provide?

Union Bank offers a comprehensive range of services including personal banking products like checking and savings accounts, mortgages, and personal loans. Additionally, it provides business banking services, financial planning, investment solutions, and wealth management services, catering to the diverse financial needs of its customers.

When was Union Bankshares, Inc. founded?

Union Bankshares, Inc. was founded in 1891, making it one of the oldest banking institutions in its region. Over the years, the company has expanded its services and geographic footprint, adapting to the changing financial landscape while maintaining a strong commitment to its local communities and customer relationships.

Where is Union Bankshares, Inc. headquartered?

The headquarters of Union Bankshares, Inc. is located in Morrisville, Vermont. This location serves as the central hub for the company's operations and management, allowing it to efficiently serve customers across its network of branches and other facilities throughout the state.

Who are the key executives at Union Bankshares, Inc.?

The key executives at Union Bankshares, Inc. include the President and CEO, the Chief Financial Officer, and other senior management members responsible for overseeing operations, finance, and customer relations. Their combined leadership experience helps steer the bank toward sustainable growth and service excellence.

What is the current price of Union Bankshares, Inc. - Common Stock?

The current price of Union Bankshares, Inc. - Common Stock is 24.53

When was Union Bankshares, Inc. - Common Stock last traded?

The last trade of Union Bankshares, Inc. - Common Stock was at 4:00 pm EDT on October 15th, 2025

What is the market capitalization of Union Bankshares, Inc. - Common Stock?

The market capitalization of Union Bankshares, Inc. - Common Stock is 110.01M

How many shares of Union Bankshares, Inc. - Common Stock are outstanding?

Union Bankshares, Inc. - Common Stock has 4.48M shares outstanding.