<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>uni-8k4.txt
<DESCRIPTION>FORM 8-K FOR JULY 5, 2001
<TEXT>


                     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 5, 2001

           (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)
          Vermont                 000-28449               03-0283552

   (Address of principal executive offices)
          20 Main St., P.O. Box 667                       (Zip Code)
              Morrisville, VT                             05661-0667

Registrant's telephone number, including area code:  (802) 888-6600

        (Former name or former address, if changed since last report)
                               Not applicable


Item 5:  Other Events

      1)    On July 5th we announced the declaration of a quarterly
            dividend to the American Stock Exchange, the Federal Reserve
            Bank of Boston, Dow Jones/Wall Street Journal, Reuters Ltd.,
            The Depository Trust Company and various brokerage houses.

      2)    On July 5th we announced an increase in second quarter earnings
            and a dividend via a press release to the American Stock
            Exchange, the Federal Reserve Bank of Boston, Dow Jones/Wall
            Street Journal, Reuters Ltd., The Depository Trust Company and
            various brokerage houses.

      3)    On July 16th we mailed our internal, unaudited Second Quarter
            2001 Report to our shareholders, the Federal Reserve Bank of
            Boston and various brokerage houses.

The Company may from time to time make written or oral statements that are
considered "forward-looking statements: within the meaning of the Private
Securities Litigation Reform Act of 1995.  Forward-looking statements may
include financial projections, statements of plans and objectives for
future operations, estimates of future economic performance and assumptions
relating thereto.  The Company may include forward-looking statements in
its filings with the Securities and Exchange Commission, in its reports to
stockholders, in other written materials, and in statements made by senior
management to analysts, rating agencies, institutional investors,
representatives of the media and others.

By their very nature, forward-looking statements are subject to
uncertainties, both general and specific, and risk exists that predictions,
forecasts, projections and other estimates contained in forward-looking
statements will not be achieved.  Also when we use any of the words
"believes," "expects," "anticipates" or similar expressions, we are making
forward-looking statements.  Many possible events or factors could affect
the future financial results and performance of our company.  This could
cause results or performance to differ materially from those expressed in
our forward-looking statements.  The possible events or factors that might
affect our forward-looking statements include, but are not limited to, the
following:

*     Uses of monetary, fiscal and tax policy by various governments
*     Political, legislative or regulatory developments in Vermont, New
      Hampshire or the United States including changes in laws concerning
      taxes, banking and other aspects of the financial services industry
*     Developments in general economic or business conditions, including
      interest rate fluctuations, market fluctuations and perceptions, and
      inflation
*     Changes in the competitive environment for financial services
      organizations
*     The company's ability to retain key personnel
*     Changes in technology including demands for greater automation.

(a)   Exhibits.  The following exhibits are filed herewith as part of this
report:

      99.1  Union Bankshares, Inc., Dividend Announcement dated as of July
            5, 2001.
      99.2  Union Bankshares, Inc., Second Quarter Press Release announcing
            an increase in second quarter earnings and declaration of a
            dividend dated July 5, 2001
      99.3  Union Bankshares, Inc., Second Quarter 2001 Report to
            Shareholders dated  July 17, 2001.


                                 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 19, 2001                          /s/ Kenneth D. Gibbons
                                       -----------------------------------
                                       Kenneth D. Gibbons, President

July 19, 2001                          /s/ Marsha A. Mongeon
                                       -----------------------------------
                                       Marsha A. Mongeon, Chief Financial
                                       Officer


                              EXHIBIT INDEX

99.1  Union Bankshares, Inc., Dividend Announcement dated July 5,2001.

99.2  Union Bankshares, Inc., Second Quarter Press Release announcing an
      increase in second quarter earnings and declaration of a dividend
      dated July 5, 2001

99.3  Union Bankshares, Inc., Second Quarter 2001 Report to Shareholders
      dated  July 17, 2001.

</TEXT>
</DOCUMENT>
