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Union Bankshares Inc UNB

Financial Services Banks - Global
Union Bankshares, Inc. is a one-bank holding company whose sole subsidiary is Union Bank. Its business is that of a community bank in the financial services industry. The Union Bank provides full retail, commercial, municipal banking, and wealth management and trust services. It is providing retail banking services to individuals and commercial banking services to small and medium sized business corporations, limited liability companies, partnerships, and sole proprietorships, and nonprofit organizations, local municipalities and school districts within its market area. Its products and services include commercial loans for business purposes to business owners and investors for plant and equipment, working capital, real estate renovation and other sound business purposes; commercial real estate loans on income producing properties, including commercial construction loans; online mortgage applications; business checking accounts; online consumer deposit account opening, and others.


NDAQ:UNB - Post by User

Union Bankshares Inc
Bullboard Posts
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Post by logical1234on Dec 08, 2005 9:56pm
315 Views
Post# 9990994

The regulators ...

The regulators ...like to have everything drilled and tested and measured and calculated before production gets started. It is the least-risky approach, but it costs a fortune and takes a lot of time. Just because they don't have the reserve report filled out properly doesn't mean the ore suddenly isn't there. I hope they keep on trucking with production. They could be earning 20 cents a share from "phantom" (to the regulator) ore.
Bullboard Posts
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