UNB
Union Bankshares Inc
OpenVolumeMkt capP/EEPSDiv yield
Day – 52-wk –
Expected move
InputsNext report
Last report
Largest filed tie
13F top-10 QoQ
Top fund weight
Union Bankshares has 10 disclosed suppliers and 2 disclosed customers in SEC filings.
Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied
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
Sentence
The 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
Linked news
Union Bankshares Inc
23.50
+0.67 · +2.93%
post 23.50 0.00%
Expected move
No implied move.