UNB
Union Bankshares Inc
OpenVolumeMkt capP/EEPSDiv yield
Day – 52-wk –
Expected move
InputsLast reportshaded = implied▲▼ = realized× = |realized| ÷ implied
Linked news
Union Bankshares has 10 disclosed suppliers and 2 disclosed customers in SEC filings.
SentenceBDMP Assurance, LLP, an independent registered public accounting firm, which has audited and reported on the consolidated financial statements contained in this Annual Report on Form 10-K, has issued its written audit report on the Company's internal control over financial reporting.
UNB 10-Kaccession 0000706863-26-000029
SentenceThe financial statements of the Company as of December 31, 2024 were audited by Berry, Dunn, McNeil & Parker, LLC whose report dated March 25, 2025 expressed an unmodified opinion on those statements.
UNB 10-Kaccession 0000706863-26-000029
SentenceThe Company participates in CDARS, which permits the Company to offer full deposit insurance coverage to its customers by exchanging deposit balances with other CDARS participants.
UNB 10-Kaccession 0000706863-26-000029
SentenceThe FDIC insurance assessment increased by $310 thousand due to an increase in the assessment rate as well as overall growth in net average assets.
UNB 10-Kaccession 0000706863-26-000029
SentenceThe average yield on federal funds sold and overnight deposits decreased 103 bps between the twelve month comparison periods due to a decrease in the average balance maintained in Union's master account at the FRB and the average rate paid on these balances.
UNB 10-Kaccession 0000706863-26-000029
SentenceThe Company also participates in the ICS program, a service through which Union can offer its customers demand or savings products with access to unlimited FDIC insurance, while receiving reciprocal deposits from other FDIC-insured banks.
UNB 10-Kaccession 0000706863-26-000029
SentenceAdditionally, Union accepts reciprocal time and money market deposits primarily through its membership with the IntraFi Network in CDARS and ICS, respectively.
UNB 10-Kaccession 0000706863-26-000029
Sentence• SBA guaranteed loans;
UNB 10-Kaccession 0000706863-26-000029
SentenceThe Company sells 1-4 family residential mortgage loans under the MPF loss-sharing program with FHLB, when management believes it is economically advantageous to do so.
UNB 10-Kaccession 0000706863-26-000029
SentenceThe Company originates and sells qualified residential mortgage loans in various secondary market avenues, with a majority of sales made to the FHLMC/Freddie Mac, generally with servicing rights retained.
UNB 10-Kaccession 0000706863-26-000029
Union Bankshares Inc
23.50
+0.67 · +2.93%
post 23.50 0.00%
Expected move
No implied move.