BNET Industries
Last Fiscal Year Sales:$28.3M
- Private
- US
Dow Jones Description
Union Trust is a full-service financial institution with thirteen offices serving five coastal Maine Counties: Hancock, Washington, Lincoln, Knox and Waldo. In business since 1887, Union Trust has earned a reputation as one of New England's preeminent community banks, a model of remarkable growth based on sound management, responsible innovation, and careful attention to the financial needs of individuals, businesses, municipalities and non-profit organizations.
Number of Employees 200
Peer Companies
NAICS Code Commercial Banking: 522110
Recent Events
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Robert W. Baird & Co. maintains Union Bankshares at 'neutral'
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FBR Capital Markets and Co. initiates coverage of Union Bankshares at 'market perform'
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Henrico-based Markel looks to invest in privately held companies
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Union Bankshares shareholders OK First Market Bank acquisition; company unveils new brand
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Union Bankshares raises $62.6 million through public offering of common stock
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Union Bankshares Announces Second Quarter and Year to Date Earnings and Quarterly...
News & Analysis
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union bankshares company inc. - All News and Analysis
Camden National Corporation Completes Acquisition of Union Bankshares Company
CAMDEN, Maine -- Camden National Corporation (NASDAQ: CAC, "Camden") announced today that it has completed its acquisition of Union Bankshares Company ("Union Bankshares"). In connection with the acquisition, Camden issued an aggregate of approximately 1,222,897 shares of Camden common stock and paid approximately $29.0 million in cash for all outstanding...
Camden National Corporation Announces Regulatory Approval of Plan to Acquire Union Bankshares Company
CAMDEN, Maine -- Robert W. Daigle, president and chief executive officer of Camden National Corporation (AMEX: CAC; the "Company"), announced today that the Company had received approval from the Office of the Comptroller of the Currency to merge Union Trust Company with and into Camden National Bank. The merger is...
Union Bankshares Company Shareholders Overwhelmingly Approve Merger with Camden National Corporation
CAMDEN, Maine & ELLSWORTH, Maine -- Camden National Corporation (AMEX: CAC) and Union Bankshares Company (OTCBB: UNBH.OB) announced today that the shareholders of Union Bankshares voted to approve the previously announced merger between Camden and Union Bankshares at Union Bankshares' special meeting of shareholders on November 29, 2007. 74.75% of...
Camden National Corporation and Union Bankshares Company Announce Election Deadline in Connection with Proposed Acquisition
CAMDEN, Maine -- Camden National Corporation (AMEX: CAC) and Union Bankshares Company (OTCBB: UNBH.OB) announced today that December 20, 2007 has been set as the deadline for merger consideration elections in connection with Camden National's proposed acquisition of Union Bankshares. Materials regarding merger consideration elections were mailed today to Union...
Camden National Corporation to Acquire Union Bankshares Company
CAMDEN, Maine -- Camden National Corporation (AMEX: CAC; "Camden"), parent company of Camden National Bank and Acadia Trust, N.A., and Union Bankshares Company (OTCBB: UNBH), the parent company of Union Trust Company, today announced that they signed a definitive merger agreement under which Camden will acquire Union Bankshares in a...
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