Form 8-K
8-K — UNION BANKSHARES INC
Accession: 0000706863-26-000069
Filed: 2026-07-16
Period: 2026-07-15
CIK: 0000706863
SIC: 6022 (STATE COMMERCIAL BANKS)
Item: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
Item: Financial Statements and Exhibits
Documents
8-K — unb-20260715.htm (Primary)
EX-99.1 — EXHIBIT 99.1 (exhibit991officerannouncem.htm)
GRAPHIC (ublogo.jpg)
XML — IDEA: XBRL DOCUMENT (R1.htm)
8-K — BODY OF FORM 8-K
8-K (Primary)
Filename: unb-20260715.htm · Sequence: 1
unb-20260715
FALSE000070686300007068632026-07-152026-07-15
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 15, 2026
(Exact name of registrant as specified in its charter)
UNION BANKSHARES, INC.
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification Number)
VT 001-15985 03-0283552
(Address of principal executive offices) (Zip Code)
20 Lower Main St., P.O. Box 667 05661-0667
Morrisville , VT
Registrant's telephone number, including area code: (802) 888-6600
(Former name or former address, if changed since last report)
Not applicable
Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting materials pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers.
(b),(c) On July 15, 2026, the Board of Directors of Union Bankshares, Inc. (the "Company") and Union Bank, a wholly owned subsidiary of the Company, appointed Union Bank's Chief Accounting Officer, Carrie R. Locklin, age 52, to serve as Chief Financial Officer of the Company and Union Bank, succeeding Karyn J. Hale, age 56, who held that position prior to Ms. Locklin's appointment. Ms. Hale retains the position of Chief Operating Officer of Union Bank and Vice President of the Company.
The above appointments were effective as of July 15, 2026 and are being announced in a press release dated July 16, 2026, a copy of which is filed as Exhibit 99.1 to this report, and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
The following Exhibit, referred to in Item 5.02 of the Report is furnished, not filed; herewith:
Exhibit 99.1 Union Bank Press Release dated July 16, 2026, announcing the appointment of Carrie R. Locklin to Chief Financial Officer of Union Bank and Union Bankshares, Inc., succeeding Karyn J. Hale who held that position prior to Ms. Locklin's appointment and who retains the position of Chief Operating Officer of Union Bank and Vice President of the Company.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Union Bankshares, Inc.
July 16, 2026 /s/ Jeffrey F. Weidley
Jeffrey F. Weidley
President and Chief Executive Officer
July 16, 2026 /s/ Carrie R. Locklin
Carrie R. Locklin
Chief Financial Officer
EXHIBIT INDEX
99.1
Union Bank Press Release dated July 16, 2026, announcing the appointment of Carrie R. Locklin to Chief Financial Officer of Union Bank and Union Bankshares, Inc., succeeding Karyn J. Hale who held that position prior to Ms. Locklin's appointment and who retains the position of Chief Operating Officer of Union Bank and Vice President of the Company.
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
EX-99.1 — EXHIBIT 99.1
EX-99.1
Filename: exhibit991officerannouncem.htm · Sequence: 2
Document
Exhibit 99.1
For Immediate Release
Contact: Jed Nelson, Marketing Officer, Union Bank
(802) 888-0969
gnelson@UBlocal.com
Union Bank Announces Key Transitions to Support
Continued Growth and Long-Term Success
Morrisville, VT July 16, 2026 - Union Bank today announced several key leadership appointments that reflect the organization's commitment to succession planning, leadership development, and the continued strength of its management team. These transitions position the Bank for continued growth while maintaining its focus on serving customers, communities, and shareholders.
As part of these changes, Mitchell Kent has been promoted to Senior Risk Officer, succeeding Patricia Hogan following her retirement. Kent joined Union Bank in September 2025 to work alongside Hogan as part of a planned leadership transition. In his new role, he will oversee the Bank's enterprise risk management, internal audit, compliance, fraud, security, and BSA/AML programs. He will also become a member of Union Bank's Senior Management Team. Prior to joining Union Bank, Kent served as a Regional Director with the Consumer Financial Protection Bureau and brings more than two decades of financial institution experience to his expanded role.
The Bank also announced the promotion of Carrie Locklin to Chief Financial Officer for Union Bankshares, Inc. and its wholly owned subsidiary, Union Bank. Locklin joined Union Bank in 2006 and has held positions of increasing responsibility throughout her nearly twenty-year career with the organization. As CFO, she will lead the Bank's finance function, including financial reporting, financial planning, balance sheet management, and strategic financial decision-making.
In conjunction with Locklin's promotion, Karyn Hale will continue to expand her responsibilities as Chief Operating Officer. In her role, Hale oversees the Bank's financial, human resources, operations, branch, and facilities teams and plays a key role in shaping the Bank's long-term strategic direction. Since joining Union Bank in 2005, Hale has been instrumental in driving operational excellence and developing the Bank's leadership bench strength. Hale will remain a Vice President of Union Bankshares, Inc.
"These transitions reflect thoughtful planning and the strength of our organization," said Jeffrey Weidley, President and Chief Executive Officer of Union Bank. "We are fortunate to have experienced leaders ready to step into new opportunities and continue building on the strong foundation that has made Union Bank a trusted community partner for more than 135 years.”
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 and three loan centers. Member FDIC. Equal Housing Lender.
GRAPHIC
GRAPHIC
Filename: ublogo.jpg · Sequence: 7
Binary file (5734 bytes)
Download ublogo.jpg
XML — IDEA: XBRL DOCUMENT
XML
Filename: R1.htm · Sequence: 9
v3.26.1
Cover
Jul. 15, 2026
Document Information [Line Items]
Document Type
8-K
Amendment Flag
false
Document Period End Date
Jul. 15, 2026
Entity Registrant Name
UNION BANKSHARES, INC.
Entity Central Index Key
0000706863
Entity Incorporation, State or Country Code
VT
Entity File Number
001-15985
Entity Tax Identification Number
03-0283552
Entity Address, Address Line One
20 Lower Main St., P.O. Box 667
Entity Address, City or Town
Morrisville
Entity Address, State or Province
VT
Entity Address, Postal Zip Code
05661-0667
City Area Code
802
Local Phone Number
888-6600
Written Communications
false
Soliciting Material
false
Pre-commencement Tender Offer
false
Pre-commencement Issuer Tender Offer
false
Entity Emerging Growth Company
false
X
- Definition
Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.
+ References
No definition available.
+ Details
Name:
dei_AmendmentFlag
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Area code of city
+ References
No definition available.
+ Details
Name:
dei_CityAreaCode
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.
+ References
No definition available.
+ Details
Name:
dei_DocumentInformationLineItems
Namespace Prefix:
dei_
Data Type:
xbrli:stringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.
+ References
No definition available.
+ Details
Name:
dei_DocumentPeriodEndDate
Namespace Prefix:
dei_
Data Type:
xbrli:dateItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.
+ References
No definition available.
+ Details
Name:
dei_DocumentType
Namespace Prefix:
dei_
Data Type:
dei:submissionTypeItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Address Line 1 such as Attn, Building Name, Street Name
+ References
No definition available.
+ Details
Name:
dei_EntityAddressAddressLine1
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the City or Town
+ References
No definition available.
+ Details
Name:
dei_EntityAddressCityOrTown
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Code for the postal or zip code
+ References
No definition available.
+ Details
Name:
dei_EntityAddressPostalZipCode
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the state or province.
+ References
No definition available.
+ Details
Name:
dei_EntityAddressStateOrProvince
Namespace Prefix:
dei_
Data Type:
dei:stateOrProvinceItemType
Balance Type:
na
Period Type:
duration
X
- Definition
A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityCentralIndexKey
Namespace Prefix:
dei_
Data Type:
dei:centralIndexKeyItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Indicate if registrant meets the emerging growth company criteria.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityEmergingGrowthCompany
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.
+ References
No definition available.
+ Details
Name:
dei_EntityFileNumber
Namespace Prefix:
dei_
Data Type:
dei:fileNumberItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Two-character EDGAR code representing the state or country of incorporation.
+ References
No definition available.
+ Details
Name:
dei_EntityIncorporationStateCountryCode
Namespace Prefix:
dei_
Data Type:
dei:edgarStateCountryItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityRegistrantName
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityTaxIdentificationNumber
Namespace Prefix:
dei_
Data Type:
dei:employerIdItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Local phone number for entity.
+ References
No definition available.
+ Details
Name:
dei_LocalPhoneNumber
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 13e
-Subsection 4c
+ Details
Name:
dei_PreCommencementIssuerTenderOffer
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14d
-Subsection 2b
+ Details
Name:
dei_PreCommencementTenderOffer
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14a
-Subsection 12
+ Details
Name:
dei_SolicitingMaterial
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Securities Act
-Number 230
-Section 425
+ Details
Name:
dei_WrittenCommunications
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration