Vermont Business Magazine Union Bank has announced the appointment of Jeff Weidley as its new President and Chief Executive Officer, following an extensive search process that began in the fall of 2025. Weidley brings more than two decades of experience in community and regional banking. He succeeds David S. Silverman, who will retire after 40 years with the Bank.
Weidley’s career spans commercial banking, business banking, treasury management, digital transformation, and enterprise leadership. Most recently, he served as Executive Vice President and Chief Deposit Officer at MVB Bank, where he led enterprise‑wide deposit strategy, oversaw retail and commercial banking channels, and drove growth across products, core deposits, and customer engagement.
Prior to that, he held a series of senior leadership roles at Sandy Spring Bank, guiding business banking, treasury management, and omni‑channel digital strategy while supporting growth and operational modernization.
Throughout his career, Weidley has been known as a collaborative, thoughtful leader who values relationships, culture, and long‑term stewardship as much as results. He has led organizations through growth and change, supported frontline teams, and helped banks adapt to evolving customer needs while remaining grounded in sound banking principles.
“Union Bank has always believed that staying local doesn’t mean standing still,” said Neil Van Dyke, Chairman of the Union Bank Board of Directors. “Our mission — Stay Local. Go Far. — reflects a commitment to our communities alongside thoughtful evolution. Jeff’s values, leadership approach, and respect for community banking align strongly with the culture and customer‑centered philosophy that define Union Bank.”
In addition to his executive leadership experience, Weidley has been deeply involved in banking education and leadership development. He has served as faculty and advisor for nationally recognized programs including the Stonier Graduate School of Banking, a program that many Union Bank employees have participated in, reflecting his belief in investing in people and developing the next generation of banking leaders.
Originally from Maryland, Weidley will be relocating to Vermont with his wife, Laura, and their two sons. He will be based full‑time at Union Bank’s headquarters in Morrisville and is looking forward to becoming part of the Vermont and New Hampshire communities the Bank serves.
“Union Bank’s commitment to its people and its communities is exactly what drew me here,” said Weidley. “Community banking works best when decisions are made close to the customers and communities they impact. I’m honored to join this organization, learn from its people, and build on the strong, community-focused foundation already in place.”
Weidley will succeed David S. Silverman, whose career at Union Bank began nearly 40 years ago when he joined the Bank as a Management Trainee shortly after graduating from nearby Johnson State College (recently renamed, Vermont State University). Silverman was named President and CEO in 2012 and led Union Bank through its most significant period of growth while maintaining a strong focus on local decision‑making, relationship‑based banking, and reinvestment in the communities it serves.
Silverman will remain on Union Bank’s Board of Directors and will work closely with Weidley throughout the transition to ensure continuity for customers, employees, and community partners.
“As I’ve often said, this transition is about evolution, not revolution,” Silverman said. “Union Bank has an exceptional team and a strong culture. Jeff understands that, and I’m confident his leadership will serve our organization and our communities well.”
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 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). 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 eighteen banking offices, three loan centers and multiple ATMs. Member FDIC. Equal Housing Lender.
3.9.2026. Morrisville, VT -- Union Bank
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