David S. Silverman, President and Chief Executive Officer of Union Bank is pleased to announce the Union Bank directors promoted Lura Jacques and Curt Swan to Vice President positions following the conclusion of the Annual Shareholder Meeting held on May 21, 2014.
Lura Jacques was promoted from Assistant Vice President to Vice President/Managing Director of Asset Management. A Franklin resident, Jacques works from the St. Albans office, and has been active in the financial services industry for over 25 years, with a broad work history in trust and asset management. She joined Union Bank in 2008; prior to that she was a Wealth Advisor for TD Banknorth. Jacques graduated from Champlain College in 1987, the New England School of Banking in 1998, and the Cannon Financial Institute in 2003 having earned a Certified Trust and Financial Advisor designation (CTFA). She serves as Secretary of the St. Albans Rotary and Treasurer of the St. Albans Rotary Expo and Home Show.
Curt Swan was promoted from Assistant Vice President to Vice President, Commercial Loan Officer. A St. Albans native, Swan works from the St. Albans office and brings more than 25 years of lending experience serving both Franklin and Lamoille Counties. Joining Union Bank in 2007, Swan has built long-term relationships with customers over the years and is regarded as helping his customers prosper. He serves as a Board Member for Franklin County Home Health Agency and is Treasurer for St. Albans High School.
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. Additionally, as a result of an FDIC compliance exam (December, 2013) 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.