Union Bankshares, Inc. reported in its Q1 2026 filing continued disciplined liquidity management with unused access to $11.4 million in Federal Home Loan Bank credit lines, and participation in FDIC reciprocal deposit programs enhancing funding flexibility. The bank’s core business model centers on relationship banking in Vermont and New Hampshire, with a loan portfolio concentrated heavily in real estate secured lending complemented by wealth management services. While geographic concentration exposes it to local market downturns, Union maintains stable asset quality and improving net interest margins. Near-term focus includes monitoring deposit retention through CDARS/ICS programs and loan demand trends amid competitive regional conditions.