Author: Olivia Martinez

For more than 150 years, American consumers and businesses have benefitted from the national banking system’s uniform regulatory framework, due in part to the National Banking Act (NBA) signed into law by President Lincoln. Thanks to the NBA, American consumers and businesses follow a centralized banking framework rather than a confusing patchwork of state laws that would inhibit interstate commerce. Unfortunately, the Arizona House is currently considering a bill [HB 2629] that could undermine the NBA — and the national banking system — while attempting to bypass federal regulation of interchange fees. If enacted, the bill would prohibit banks and…

At Union Bank, we think making investing accessible to everyone, regardless of your background or experience. That’s why we’re excited to launch our next generation investment management app! This easy-to-use app makes managing your investments simple, approachable and enjoyable. In fact, you can start investing with as little as 10 dollars and it only takes about 4 minutes to get set up, right from your phone, tablet, laptop or PC. This exciting new tool is available to all Union Bank customers who are enrolled in online or mobile banking with checking or savings accounts. Investing is more than just crunching…

When the Northeastern Vermont Regional Hospital emergency room opened 50 years ago, it was serving about ten patients per day. Over the past five decades health care needs have changed, and the ER now serves an average of 38 patients each day, with some days seeing up to 50 to 60 patients. This dramatic increase in patient visits has caused an enormous strain on the facility and presented daily challenges for its dedicated staff. NVRH determined that the situation was untenable and needed to be addressed. As such, plans were developed to expand capacity and overhaul the ER. A new…

Welcome to Union Bank’s exciting journey into the world of investments! We’re delighted to bring our Northern Vermont and New Hampshire communities a simple, yet powerful way to grow your money. Through our UB2Go digital banking platform, we’re introducing an easy-to-use digital investment app. You can start investing with as little as $10, joining the ranks of savvy investors right from your phone or computer. To kick things off, we’re sharing a series of blog posts to help you understand why investing is so important. Begin Your Investment Journey: Simple Steps with Big Impacts Think of investing like gardening. You…

Effectively integrating all aspects of your financial picture—from retirement goals to philanthropic wishes—into your estate planning process isn’t always easy. This is especially true when you have accounts and investments at multiple financial institutions, as well as real estate and other assets. Wealth management is an integral part of successful estate planning, helping you locate and catalog your assets while maintaining and growing your wealth—so you can secure your legacy and provide for your family’s future. While estate planning can be especially useful if you expect to pass on a sizable estate to your heirs or have many assets to…

Embarking on the journey to homeownership can be both exciting and overwhelming, especially when you’re surrounded by a plethora of myths and misconceptions. As a first-time homebuyer, you might have heard that renting is more affordable than owning, or that a flawless credit score is essential. But how accurate are these claims? In this guide, we’ll debunk common myths about homeownership and highlight valuable programs available for first-time homebuyers in Vermont and New Hampshire. Whether you’re interested in the real costs of renting versus owning, down payment requirements, or financial assistance programs, this article aims to clarify these topics. Dive…

Fall is a time for foliage, pumpkins, and corn mazes. In fact, Vermont is home to New England’s largest corn maze, known as the “Great Vermont Corn Maze,” which stretches for 24 acres. But, just as a maze can be a confusing and winding path, so can the mortgage process. With the proper guidance, you can be prepared before meeting with a lender by knowing what they will ask, what you should ask, and what documents you should have ready. In this post, we will help you find your way through the complex maze of mortgage loan options, ensuring you…

2025 Financial Checkup: Are You on Track? The new year isn’t just made for celebrations, it’s a time to take a look at your finances and see where you stand. We don’t just mean a quick glance at your savings and checking accounts, a financial review means assessing your financial progress and setting goals for the new year. Why Budget Reviews Matter A budget review means taking a close look at your income and spending over the past year. While many people get stressed out over money, a budget review can help you reduce that stress by giving you a…

Meet our North Conway team, a group of local experts dedicated to understanding the banking needs of the Greater Mount Washington Valley region. – Susan Perry, Senior Vice President, Commercial Loan Officer – Will Perez-Moya, Branch Manager – Kathy Sanderson, Sr. Residential Mortgage Loan Originator (NMLS 409084) – Thomas Rubino, Universal Banker 1 We asked our team questions about their lives here in MWV, their position at the bank, how they are involved in the community and their thoughts on the housing situation in the area. We hope you enjoy getting to know them and learning more about their thoughts about living…