Union Bank

Name:Union Bank
Full Service Brick and Mortar Office
Main Office of the Bank
Review:4 client reviews
Location:20 Lower Main Street
Morrisville, VT 05661

Lamoille County
View Other Branches
 
Phone:802-888-6600
Office Hours:Mon: 08:00 to 16:00
Tue: 08:00 to 16:00
Wed: 08:00 to 16:00
Thu: 08:00 to 16:00
Fri: 08:00 to 18:00
FDIC Cert:#14158
Established:1891-01-01


The Bank

Name:Union Bank
Concentration:Commercial Lending Specialization
Established:1891-01-01
FDIC Insurance:1934-03-31
Holden By:Union Bankshares, Inc.
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
# of Branches:18, view all, view on map
Website:http://www.unionbankvt.com
Total Assets:$664,069,000
Total Deposits:$567,166,000
Total Equity Capital:$58,134,000
Total Domestic Office Deposits:$567,166,000
Net Income:$4,302,000
Quarterly Net Income:$2,299,000
Return on Assets:1%
Quarterly Return on Assets:1%
Return on Equity:15%
Quarterly Return on Equity:16%
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Client Review

4 client reviews of Union Bank scored 2.5 out of 5.

Service and condescending comments on web site.
Overall Rating
Interest Rate and Cost
Office Environment & Staff
Waiting Time
Other Services
by bc1818, Dec. 06, 2014

The bank use to have ATMS conveniently located.  They have removed like 10 machines and closed several offices.    The ATMs are ways customers can bank in lieu of their lack of banking offices.
On the website, under wire services get Junior out of a jam?  Seriously? Obviously the guy in charge there doesn't have children or comments like that wouldn't be made.  Offensive.
This bank use to be the good community bank.  Now cut cut cut and so many new faces it isn't the same.   Maybe if they cut some of the high salaries and director fees, they would remember how this bank grew to be the pillar of the community it once was.  I AM a shareholder.


* this reviewer has be with this bank for >10 years
* this reviewer had 1 - 2 banks before.
* this review was made on Union Bank, Union Bank at Morrisville, VT
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Community Bank, Johnson Branch (6.5 miles)
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