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): October 14, 2005 (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 001-15985 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 Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting materials pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Item 2.02: Results of Operations and Financial Condition As provided in General Instruction B.2 to Form 8-K, the information furnished in this Item 2.02 and in Exhibit 99.1 hereto shall not be deemed filed for purposes of Section 18 of the Securities and Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing with the Securities and Exchange Commission, except as shall be expressly provided by specific reference in such filing. On October 14, 2005, Union Bankshares, Inc. issued a press release, a copy of which is furnished with this Form 8-K as Exhibit 99.1, announcing net income and net income per share for our third quarter ended and year to date for September 30, 2005, as well as the declaration of a regular quarterly cash dividend. Item 8.01 Other Events On October 14, 2005 the Board of Directors of Union Bankshares, Inc. declared a quarterly cash dividend of $.26 per share which is $.02 higher than the previous quarter's dividend. The dividend is payable on October 27, 2005 to shareholders of record on October 24, 2005. Item 9.01. Financial Statements and Exhibits The following Exhibit, referred to in Item 2.02 of the Report is furnished, not filed; herewith: c) Exhibits Exhibit 99.1 Union Bankshares, Inc. Press Release dated October 14, 2005, announcing a regular quarterly dividend and third quarter and year to date 2005 net income and net income per share 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. October 14, 2005 /s/ Kenneth D. Gibbons ---------------------------------- Kenneth D. Gibbons, President October 14, 2005 /s/ Marsha A. Mongeon ---------------------------------- Marsha A. Mongeon, Chief Financial Officer --------------------------------------------------------------------------- EXHIBIT INDEX Exhibit 99.1 Union Bankshares, Inc. Press Release dated October 14, 2005, announcing a regular quarterly cash dividend and third quarter and year to date 2005 net income and net income per share