BNET Industries
Last Fiscal Year Sales:$24.1M
- Private
- US
Dow Jones Description
Union Bank, a wholly-owned subsidiary of Union Bankshares, Inc. (UNB), operates 13 full-service branches in northern Vermont, and Littleton, NH, as well as a Loan Center in St. Albans, VT. With headquarters in Morrisville, VT, Union Bank has been serving the financial needs of its communities since 1891. Our history has been built on traditional values, which we continue to maintain in our approach to community and customer service. In fact, Union Bank scored an Outstanding rating on its most recent Community Reinvestment Act (CRA) examination, administered by the FDIC in June, 2004. The Bank has received special mentions for its status as an SBA Preferred Lender, for an outstanding reputation for residential lending programs, and for contributions by its employees to a variety of community development initiatives. It's these values, combined with financial expertise, product selection and the latest technology, which make Union Bank the premier choice for banking services. Union Bank employs over 170 people, many of whom are active in community organizations throughout the Bank's service area. Our employees take pride in supporting annual March of Dimes walks, Red Cross blood drives and participating on the boards and committees of the United Way, local school boards and many other community-focused organizations. Union Bank also supports dozens of not-for-profit organizations through direct donations. ...
President, Chief Executive Officer and DirectorKen Gibbons
Number of Employees 56
Peer Companies
NAICS Code Commercial Banking: 522110
Recent Events
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Union Bankshares Announces First Quarter 2009 Earnings and Quarterly Dividend Payment
News & Analysis
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union bankshares inc. - All News and Analysis
Union Bankshares and First Market Bank Amend Merger Agreement
Some 170 no-fee, ATM sites are now available to customers thanks to proposed merger Richmond, Va., June 19 /PRNewswire-FirstCall/ -- Union Bankshares Corporation ("UBSH") and First Market Bank, FSB have amended the terms of their combination. As previously announced on March 30, 2009, First Market...
Union Bankshares Corporation Declares Cash Dividend
BOWLING GREEN, Va., May 1 /PRNewswire-FirstCall/ -- The Board of Directors of Union Bankshares Corporation (the "Company") has declared a quarterly dividend of $.06 per share. This dividend represents a decrease of 67.6% from the dividend for the same period last year paid on May 31, 2008...
Union Bankshares Corporation Reports Earnings
BOWLING GREEN, Va., April 23 /PRNewswire-FirstCall/ -- Union Bankshares Corporation (the "Company") reports net income for the first quarter ended March 31, 2009 of $1.8 million, down $1.9 million from $3.7 million for the same period a year ago. The decrease was driven by a decline in the...
Camden National Corporation Reports Fourth Quarter and Year End 2008 Results
CAMDEN, Maine -- Gregory A. Dufour, president and chief executive officer of Camden National Corporation (NASDAQ: CAC; the "Company"), reported net earnings of $10.1 million, or $1.32 per diluted share, for the fourth quarter of 2008, and $15.3 million, or $2.00 per diluted share for the year ended December 31,...
Union Bank & Trust to Offer Customers MyTerm, Internet-Based Term Life Insurance Through Its Affiliation with Union Insurance Group, LLC
New term product also available in branches for the first time NEWARK, N.J. -- Prudential Financial, Inc. (NYSE:PRU) today announced an agreement between its Individual Life Insurance business and Union Bankshares Corporation to offer MyTermSM, a simplified issue term life insurance policy available through the Internet to customers...
Rappahannock National Bank to Offer Customers MyTerm, Internet-Based Term Life Insurance Through Its Affiliation with Union Insurance Group, LLC
New term product also available in branches for the first time NEWARK, N.J. -- Prudential Financial, Inc. (NYSE:PRU) today announced an agreement between its Individual Life Insurance business and Union Bankshares Corporation to offer MyTermSM, a new simplified issue term life insurance policy available through the Internet to...
Northern Neck State Bank to Offer Customers MyTerm, Internet-Based Term Life Insurance Through Its Affiliation with Union Insurance Group, LLC
New term product also available in branches for the first time NEWARK, N.J. -- Prudential Financial, Inc. (NYSE:PRU) today announced an agreement between its Individual Life Insurance business and Union Bankshares Corporation to offer MyTermSM, a simplified issue term life insurance policy available through the Internet to customers...
Heartland Payment Systems™ and Union Bankshares Partner to Offer Business Clients Expanded Services
PRINCETON, N.J. -- Heartland Payment Systems[TM] (NYSE: HPY), a leading provider of card processing, payroll, check management and payments services, and Union Bankshares Corporation ("UBSH") (NASDAQ: UBSH) are partnering to offer businesses in Virginia the benefit of their combined services. UBSH is a $2.3 billion bank holding company headquartered in...
Camden National Corporation Announces a 17.7% Increase in First Half 2008 Earnings Per Share Results
CAMDEN, Maine -- Robert W. Daigle, president and chief executive officer of Camden National Corporation (NASDAQ: CAC; the "Company"), today announced 2008 year-to-date earnings per diluted share of $1.73, a $0.26, or 17.7%, increase over the first six months of 2007, which includes the impact of the Company's acquisition of...
Camden National Corporation Announces an 11.1% Increase in First Quarter 2008 Earnings Per Share Results
CAMDEN, Maine -- Camden National Corporation (NASDAQ: CAC; the "Company"), today announced first quarter 2008 earnings were $6.2 million, or $0.80 per diluted share, compared to $4.8 million or $0.72 per diluted share in the first quarter of 2007. During the quarter, the Company completed its acquisition of...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Ken Gibbons | President, Chief Executive Officer and Director |
| D Anthony Peay | Executive Vice President and Chief Financial Officer |
| John C Neal | Executive Vice President, Chief Banking Officer |
| Marsha A Mongeon | Chief Financial Officer |
| David S Wilson | Executive Vice President |
| Janis Orfe | Executive Vice President |
| Rex A. Hockemeyer | Executive Vice President |
| David S Silverman | Senior Vice President, Union Bank, Morrisville |
| Barbara Olden | Vice President, Branch Manager |
| Claire Hindes | Assistant Vice President, Branch Manager |
| Curtis Swan | Assistant Vice President |
| Cynthia D Borck | Vice President and Director |
| Dennis Lamothe | Vice President, Branch Manager |
| Fern Farmer | Assistant Vice President |
| Jennie H Buchanan | Assistant Vice President |
| Karen Carlson Noyes | Assistant Vice President, Branch Manager |
| Melissa Greene | Assistance Vice President, Branch Manager |
| Mike Curtis | Vice President |
| Millie Nelson | Vice President, Branch Manager |
| Robyn Masi | Assistant Vice President, Branch Manager |
| Ruth P Schwartz | Vice President |
| Stephen Kendall | Vice President |
| Susan Laferriere | Vice President |
| Susan Lassiter | Vice President, Branch Manager |
| Morgan Keegan | Managing Director, Public Finance |
| Richard C Marron | Owner, Town and Country Motor Lodge Stowe |
| Schuyler W Sweet | N, A Owner |
| Elizabeth M Bentley | Executive Vice President and Director of Operations |
| Candy Durocher | Assistant Branch Manager |
| Dennis Lamoth | Branch Manager |
| Jerry Santerre | Assistant Branch Manager |
| Karen Sylvester | Assistant Treasurer, Branch Manager |
| Lisa Jones | Assistant Branch Manager |
| Lois Pigeon | Branch Manager |
| Robyn Sheltra | Assistant Treasurer, Branch Manager |
| Rodney Milburn | Assistant Branch Manager |
| Bethany Whitcomb | Branch Supervisor |
| Greta Meyer | Branch Supervisor |
| Hullihen W Moore | Executive Officers |
| Melyssa Whitcomb | Branch Specialist |
| Susan Chamberlain | Clerk |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Robert P Rollins | Chair |
| Ronald L Tillett | Chairman |
| Arthur D. Whittaker | Board of Directors |
| Daniel I Hansen | Board of Directors |
| Douglas E Caton | Board of Directors |
| G William Beale | Board of Directors |
| Patrick J McCann | Board of Directors |
| R Hunter Morin | Board of Directors |
| Richard C Sargent | Board of Directors |
| Ronald L Hicks | Board of Directors |
| Steven J. Bourgeois | Board of Directors |
| Wallace Sweet Schuyler | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Citizens Savings Bank & Trust Company | President, Chief Executive Officer and Director | Current |
| Organization | Position | Status |
|---|---|---|
| Citizens Savings Bank & Trust Company | Executive Vice President and Chief Financial Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Citizens Savings Bank & Trust Company | Executive Vice President, Chief Banking Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Citizens Savings Bank & Trust Company | Chief Financial Officer | Current |
| Citizens Savings Bank & Trust Company | Vice President & Treasurer | Former |
| Organization | Position | Status |
|---|---|---|
| Citizens Savings Bank & Trust Company | Executive Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Citizens Savings Bank & Trust Company | Executive Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Citizens Savings Bank & Trust Company | Executive Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Citizens Savings Bank & Trust Company | Senior Vice President, Union Bank, Morrisville | Current |
| Citizens Savings Bank & Trust Company | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Citizens Savings Bank & Trust Company | Vice President, Branch Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Citizens Savings Bank & Trust Company | Assistant Vice President, Branch Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Citizens Savings Bank & Trust Company | Assistant Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Citizens Savings Bank & Trust Company | Vice President and Director | Current |
| Citizens Savings Bank & Trust Company | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Citizens Savings Bank & Trust Company | Vice President, Branch Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Citizens Savings Bank & Trust Company | Assistant Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Citizens Savings Bank & Trust Company | Assistant Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Citizens Savings Bank & Trust Company | Assistant Vice President, Branch Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Citizens Savings Bank & Trust Company | Assistance Vice President, Branch Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Citizens Savings Bank & Trust Company | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Citizens Savings Bank & Trust Company | Vice President, Branch Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Citizens Savings Bank & Trust Company | Assistant Vice President, Branch Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Citizens Savings Bank & Trust Company | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Citizens Savings Bank & Trust Company | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Citizens Savings Bank & Trust Company | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Citizens Savings Bank & Trust Company | Vice President, Branch Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Citizens Savings Bank & Trust Company | Managing Director, Public Finance | Current |
| Citizens Savings Bank & Trust Company | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Citizens Savings Bank & Trust Company | Owner, Town and Country Motor Lodge Stowe | Current |
| Citizens Savings Bank & Trust Company | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Citizens Savings Bank & Trust Company | N, A Owner | Current |
| Organization | Position | Status |
|---|---|---|
| Citizens Savings Bank & Trust Company | Executive Vice President and Director of Operations | Current |
| Organization | Position | Status |
|---|---|---|
| Citizens Savings Bank & Trust Company | Assistant Branch Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Citizens Savings Bank & Trust Company | Branch Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Citizens Savings Bank & Trust Company | Assistant Branch Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Citizens Savings Bank & Trust Company | Assistant Treasurer, Branch Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Citizens Savings Bank & Trust Company | Assistant Branch Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Citizens Savings Bank & Trust Company | Branch Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Citizens Savings Bank & Trust Company | Assistant Treasurer, Branch Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Citizens Savings Bank & Trust Company | Assistant Branch Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Citizens Savings Bank & Trust Company | Branch Supervisor | Current |
| Organization | Position | Status |
|---|---|---|
| Citizens Savings Bank & Trust Company | Branch Supervisor | Current |
| Organization | Position | Status |
|---|---|---|
| Citizens Savings Bank & Trust Company | Executive Officers | Current |
| Citizens Savings Bank & Trust Company | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Citizens Savings Bank & Trust Company | Branch Specialist | Current |
| Organization | Position | Status |
|---|---|---|
| Citizens Savings Bank & Trust Company | Clerk | Current |
| Organization | Position | Status |
|---|---|---|
| Citizens Savings Bank & Trust Company | Chair | Current |
| Organization | Position | Status |
|---|---|---|
| Citizens Savings Bank & Trust Company | Chairman | Current |
| Organization | Position | Status |
|---|---|---|
| Citizens Savings Bank & Trust Company | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Citizens Savings Bank & Trust Company | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Citizens Savings Bank & Trust Company | Board of Directors | Current |
Array
| Organization | Position | Status |
|---|---|---|
| Citizens Savings Bank & Trust Company | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Citizens Savings Bank & Trust Company | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Citizens Savings Bank & Trust Company | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Citizens Savings Bank & Trust Company | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Citizens Savings Bank & Trust Company | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Citizens Savings Bank & Trust Company | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Citizens Savings Bank & Trust Company | Board of Directors | Current |
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