Nancy Putnam appointed to Union Bank board

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Nancy Putnam appointed to Union Bank board

Sat, 03/18/2017 - 11:31am -- tim

Vermont Business Magazine David S Silverman, President and Chief Executive Officer of Union Bank announced today that, on February 15 the Board of Directors of Union Bankshares, Inc appointed Nancy C Putnam of Jeffersonville to the Board of Directors of Union Bank. Previously employed as a CPA with Marckres Norder & Company in Morrisville, Nancy recently retired after 21 years of employment. Prior to that she was Vice President and Trust Officer at the former Franklin Lamoille Bank in Morrisville and Vice President, Tax and Estate Officer for the former Howard Bank in Burlington, covering a span of 14 years between both positions. Nancy received her BA in Political Science from the University of Maine. She furthered her career with studies at Northwestern University in Chicago and Roosevelt University.

“We are excited to have Nancy Putnam join our Board, said Silverman. Nancy is a proven and highly respected Certified Public Accountant (CPA) with over 35 years of experience in finance and banking. Her business acumen and financial insights will be of great value to our board and management team. We are greatly looking forward to Nancy’s contributions to help the board continue to build a sound growth strategy.”

Currently, Nancy is an active member of the VT Society of CPA’s and the AICPA. She serves on the Town of Cambridge Finance Committee and Copley Hospital Board of Trustees.

Nancy resides in Jeffersonville with her husband George. They have three grown children.

The appointment of Putnam brings the size of Union Bank’s board to 10 members.

Union Bank, a wholly-owned subsidiary of Union Bankshares, Inc. (UNB, traded on the NASDAQ Exchange), has been helping people buy homes and local businesses create jobs in area communities since 1891. Headquartered in Morrisville, VT, Union Bank is a full service bank offering deposit, loan, trust and commercial banking services throughout northern Vermont and northwestern New Hampshire. Union Bank has earned an outstanding reputation for residential lending programs and is an SBA Preferred Lender. Union Bank has received an “Outstanding” rating for its compliance with the Community Reinvestment Act (CRA). An institution in this group has an excellent record of helping to meet the credit needs of its assessment area, particularly in low-and moderate income neighborhoods, in a manner consistent with its resources and capabilities.

Proud to be one of the few community banks serving Vermont and New Hampshire, Union Bank maintains a strong commitment to traditional banking values. In particular, Union Bank is dedicated to providing genuine customer service and community support, including donations to local nonprofit organizations. These values—combined with financial expertise, quality products and the latest technology—make Union Bank the premier choice for your banking services, both personal and commercial. Union Bank currently maintains 17 banking offices, 3 loan centers and multiple ATMs. Member FDIC. Equal Housing Lender.

Source: Union Bank 3.17.2017.