Union Bank continues expansion with opening of Shelburne Village branch

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Union Bank continues expansion with opening of Shelburne Village branch

Sat, 10/09/2021 - 3:13am -- tim

Shelburne Location is now Shelburne Village’s Only Vermont-Based Bank

Vermont Business Magazine Union Bank announced Thursday the opening of its newest full-service branch located in Shelburne Village at 5068 Shelburne Rd. (formerly a Citizens Bank branch location). Although national banks service the community, Union Bank is now the sole Vermont-domiciled bank located in Shelburne Village and is the leading bank for mortgages in the state.

“On behalf of our employees, members of the Board of Directors and shareholders, we’re excited to be opening our third location in Chittenden County and twenty-first office in our Vermont and New Hampshire footprint. Along with the 2019 openings of our Jericho and Williston offices, we are pleased to expand our presence in Chittenden County and introduce the Union Bank brand and our competitive products and exceptional customer service to the residents and business owners of these vibrant communities,” said David Silverman, President and Chief Executive Officer of Union Bank. “We look forward to becoming an integral part of the Shelburne community. In addition to providing bank products and state-of-the-art technology comparable to any big bank, our core strengths remain in delivering personalized service, competitive pricing and local decision making,” Mr. Silverman concluded.

The Shelburne Village location was formerly an office of Citizen’s Bank which closed in July 2020. The first floor of the property features a full-service branch and the facility also includes offices for commercial and residential lending staff.

A kid-friendly grand-opening celebration will take place on Saturday, October 30th from 10am to 1pm. Festivities include a ribbon cutting ceremony, Star 92.9 Radio remote, magic from Marko, pumpkin carving, Halloween treats, giveaways and special banking promotions. All are welcome to join for refreshments and to meet the Union Bank staff and tour the building. 

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, commercial and municipal banking services throughout northern Vermont and northern 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). This rating recognizes Union Bank’s excellent record of helping to meet the credit needs of members of the communities in which it operates, particularly in low-and moderate-income neighborhoods. 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 personalized customer service and community support, including donations to numerous 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 18 banking offices, 3 loan centers and multiple ATMs. Member FDIC. Equal Housing Lender.

Source: Morrisville, VT – Union Bank 10.7.2021