Union Bank

Morrisville, VT
IDRSSD: 333203
Total Assets
$1.62B
Latest filing
Total Deposits
$1.22B
Latest filing
Net Interest Margin
3.03%
Profitability

Key People

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Locations

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Main Office
Union Bank
20 Main St
Morrisville, VT 05661
Full Service - Brick and Mortar
Updated 01/30/2026Established 01/01/1891FDIC Certificate 8840

Branches (20)

Page 1 of 3
NameAddressCity / State
Union Bank (Main)20 Main StMorrisville, VT
LITTLETON BRANCH76 Main StLittleton, NH
JEFFERSONVILLE BRANCH5062 Vt Route 15Jeffersonville, VT
STOWE BRANCH47 Park StStowe, VT
NORTHGATE PLAZA BRANCH65 Northgate AveMorrisville, VT
HARDWICK BRANCH103 Vermont 15 WestHardwick, VT
PORTLAND STREET BRANCH325 Portland StSaint Johnsbury, VT
LYNDONVILLE BRANCH183 Depot StLyndonville, VT
Showing 7 of 20

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date01/01/1891
Community BankYes
Ownership TypeNot Mutual
ZIP05661
State and County Number50015
Subchapter S CorporationsNo
Trust PowersFull Trust Powers Granted
Federal Reserve ID Number01
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictNew York
Core Based Statistical Area NameN/A

Operational Info

Number of Employees201
Domestic Offices21
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date11/17/2024
Date of Deposit Insurance03/31/1934
Primary Insurance AgencyDIF
Websitewww.ublocal.com
Data Updated01/30/2026
CERT14158
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$1.62B
Total Deposits$1.22B
Total Liabilities$1.52B
Total Equity Capital$97.02M
Net Income$2.96M
Net Loans and Leases$1.17B
Assets Per Employee ($Millions)$8.29M
Bank Premises and Fixed Assets$22.04M
Cash and Balances due from Depository Institutions$21.16M
Deposits Held in Domestic Offices$1.22B

Key Performance Ratios

Return on Assets (ROA)0.74%
Return on Equity (ROE)12.46%
Net Interest Margin3.03%
Efficiency Ratio76.92%
Tier 1 Risk-Based Capital Ratio11.874%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets6.001%
Earning Assets to total Assets93.49%

Income and Expense

Total Interest Income$19.57M
Total Noninterest Income$2.89M
Total Interest Expense$8.28M
Total Noninterest Expense$10.90M
Net Interest Income$11.29M
Pre-tax Net Operating Income$3.27M
Provision for Credit Losses$5.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets
Other Real Estate Owned$0
Other borrowed funds$286.48M
Federal Funds Sold & Reverse Repurchase Agreement$118.00k
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$15.32M
Total Liabilities and Capital$1.62B

Securities

Securities$328.13M
Available-for-sale debt securities$326.25M
Equity securities with readily determinable fair values not held for trading
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Union Bank?
$1.62B as of the latest filing.
How much are Union Bank's total deposits?
$1.22B in total deposits.
Where is Union Bank located?
Morrisville, VT.
What is the Net Interest Margin?
3.03%.
How many domestic offices does it operate?
21.
When was it established?
01/01/1891.
What is the Return on Assets (ROA)?
0.74%.
How much are total loans and leases?
$1.17B (latest filing).
What is the total interest income (latest filing)?
$19.57M.