David Scott  Silverman net worth and biography

David Silverman Biography and Net Worth

David Scott Silverman serves as President, Chief Executive Officer of the Company and bank, Director of the Company. He was appointed to the Bank's Board of Directors in November 2010 and elected to the Company's Board at the 2011 annual meeting. David has been with the Bank for 33 years and before becoming President, served in many capacities, including as Vice President of the Company and Senior Vice President and Senior Loan Officer of the Bank. David has been active in the community having served as a Commissioner of the Hardwick Electric Department, and on the Boards of the Stowe Area Association, Lamoille County Mental Health Services, the Morristown Development Review Board and the Lamoille Economic Development Corporation. He also served as Chair of the Board of Community Health Services of the Lamoille Valley for eight years and on the Executive Committee of the Vermont Bankers Association. He is currently serving as Vice Chair of the Copley Hospital Board of Trustees and as Trustee of the Vermont State College system. David serves on the Bank's Asset Management and 401K Committees and all three of Union's local Advisory Boards. David's many years of service to the Company in various positions, and his day to day leadership since becoming CEO in 2012 provide the Board with the benefit of his thorough knowledge of the Company's business operations, markets and strategic challenges and opportunities.

What is David Scott Silverman's net worth?

The estimated net worth of David Scott Silverman is at least $852,869.53 as of September 13th, 2023. Mr. Silverman owns 28,591 shares of Union Bankshares stock worth more than $852,870 as of December 10th. This net worth estimate does not reflect any other assets that Mr. Silverman may own. Additionally, Mr. Silverman receives an annual salary of $679,760.00 as CEO at Union Bankshares. Learn More about David Scott Silverman's net worth.

How old is David Scott Silverman?

Mr. Silverman is currently 62 years old. There are 2 older executives and no younger executives at Union Bankshares. Learn More on David Scott Silverman's age.

What is David Scott Silverman's salary?

As the CEO of Union Bankshares, Inc., Mr. Silverman earns $679,760.00 per year. Learn More on David Scott Silverman's salary.

How do I contact David Scott Silverman?

The corporate mailing address for Mr. Silverman and other Union Bankshares executives is 20 LOWER MAIN STREET, MORRISVILLE VT, 05661. Union Bankshares can also be reached via phone at (802) 888-6600 and via email at [email protected]. Learn More on David Scott Silverman's contact information.

Has David Scott Silverman been buying or selling shares of Union Bankshares?

David Scott Silverman has not been actively trading shares of Union Bankshares over the course of the past ninety days. Most recently, on Wednesday, September 13th, David Scott Silverman bought 500 shares of Union Bankshares stock. The stock was acquired at an average cost of $20.11 per share, with a total value of $10,055.00. Following the completion of the transaction, the chief executive officer now directly owns 28,591 shares of the company's stock, valued at $574,965.01. Learn More on David Scott Silverman's trading history.

Who are Union Bankshares' active insiders?

Union Bankshares' insider roster includes Nancy Putnam (Director), David Silverman (CEO), and Janet Spitler (Director). Learn More on Union Bankshares' active insiders.

Are insiders buying or selling shares of Union Bankshares?

In the last twelve months, Union Bankshares insiders bought shares 2 times. They purchased a total of 800 shares worth more than $16,322.00. The most recent insider tranaction occured on September, 13th when CEO David Scott Silverman bought 500 shares worth more than $10,055.00. Insiders at Union Bankshares own 1.3% of the company. Learn More about insider trades at Union Bankshares.

Information on this page was last updated on 9/13/2023.

David Scott Silverman Insider Trading History at Union Bankshares

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
9/13/2023Buy500$20.11$10,055.0028,591View SEC Filing Icon  
2/7/2022Sell1,000$31.02$31,020.00View SEC Filing Icon  
2/7/2019Buy75$46.51$3,488.25View SEC Filing Icon  
9/28/2015Buy84$26.25$2,205.005,175View SEC Filing Icon  
12/23/2014Buy140$24.00$3,360.00View SEC Filing Icon  
See Full Table

David Scott Silverman Buying and Selling Activity at Union Bankshares

This chart shows David Scott Silverman's buying and selling at Union Bankshares by year and by quarter.

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Union Bankshares Company Overview

Union Bankshares logo
Union Bankshares, Inc. operates as the bank holding company for Union Bank that provides retail, commercial, and municipal banking products and services in northern Vermont and New Hampshire. It offers retail depository services, such as personal checking, savings, money market, IRA/SEP/KEOGH, and health savings accounts, as well as certificates of deposit. The company also provides commercial real estate loans; commercial loans for plant and equipment, working capital, real estate renovation, and other business purposes to business owners and investors; small business administration guaranteed loans; home improvement loans and overdraft; and residential construction and mortgage loans. In addition, it offers online cash management services, including account reconciliation, credit card depository, automated clearing house origination, wire transfers, and night depository services; merchant credit card services for the deposit and immediate credit of sales drafts; remote deposit capture services; and online mortgage application services. Further, the company provides business checking accounts; standby letters of credit, bank checks or money orders, and safe deposit boxes; ATM services; debit cards; telephone, Internet, and mobile banking services; and asset management, fiduciary, and trust services. The company offers retail banking services to individuals; and commercial banking services to small and medium sized corporations, partnerships, and sole proprietorships, as well as nonprofit organizations, local municipalities, and school districts. Union Bankshares, Inc. was founded in 1891 and is headquartered in Morrisville, Vermont.
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Today's Range

Now: $29.83
Low: $29.49
High: $29.87

50 Day Range

MA: $26.54
Low: $21.70
High: $30.70

2 Week Range

Now: $29.83
Low: $20.07
High: $30.87


2,834 shs

Average Volume

7,244 shs

Market Capitalization

$134.53 million

P/E Ratio


Dividend Yield