Union Bank

Name:Union Bank
Full Service Brick and Mortar Office
Main Office of the Bank
Review: 2.5star4 client reviews
Location:20 Main St
Morrisville, VT 05661

Lamoille County
View Other Branches
 
Phone:802-888-6600
FDIC Cert:#14158
Established:01/01/1891


The Bank

Name:Union Bank
Concentration:Commercial Lending Specialization
Established:01/01/1891
FDIC Insurance:03/31/1934
Holden By:UNION BANKSHARES INC
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
# of Branches:22, view all, view on map
Website:www.ublocal.com
Total Assets:$1,397,831,000
Total Deposits:$1,057,053,000
Total Equity Capital:$80,058,000
Total Domestic Office Deposits:$1,057,053,000
Net Income:$4,911,000
Quarterly Net Income:$2,265,000
Return on Assets:1%
Quarterly Return on Assets:1%
Return on Equity:12%
Quarterly Return on Equity:11%
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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.
 1star Overall Rating
 1star Interest Rate and Cost
 1star Office Environment & Staff
 1star Waiting Time
 1star 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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