Union Bankshares, Inc. is a one-bank holding company whose subsidiary is Union Bank (Union or the Bank). Union was organized and chartered as a state bank and became a wholly owned subsidiary of the Company upon its formation. The Bank is a commercial bank operating in northern Vermont and New Hampshire. Union is a community bank that provides commercial and retail banking services. The Bank primarily provides retail banking services to individuals living within its market area and commercial banking services to small and medium-sized corporations, partnerships, and sole proprietorships, as well as nonprofit organizations, local municipalities, and school districts.