<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>3
<FILENAME>uni5-991.txt
<DESCRIPTION>EXHIBIT 99.1
<TEXT>

Exhibit 99.1

On October 3, 2001 the Board of Directors of Union Bankshares, Inc. (AMEX -
UNB) declared a quarterly dividend on its common stock of $.28 per share
payable October 17, 2001 to shareholders of record October 15, 2001. This
is an increase of $.02 per share over the dividend paid in July.


</TEXT>
</DOCUMENT>
