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 15, 2003

           (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 7.  Financial Statements and Exhibits.

      The following Exhibit, referred to in Item 12 of the Report is
furnished, not filed; herewith:

      (c)   Exhibits
            Exhibit 99.1 Union Bankshares, Inc. Press Release dated October
                         15, 2003, announcing a quarterly cash dividend and
                         third quarter earnings

Item 12.  Disclosure of Results of Operations and Financial Condition

      As provided in General Instruction B.6 to Form 8-K, the information
furnished in this Item 12 and in Exhibit 99 hereto shall not be deemed
filed for purposes of Section 18 of the Securities Exchange Act of 1934,
as amended, nor shall they 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 15, 2003, Union Bankshares, Inc. issued a press
      release, a copy of which is furnished with this Form 8-K as
      Exhibit 99.1, announcing information concerning our results of
      operations and financial condition for our third quarter ended,
      September 30, 2003 and the declaration of a dividend.


                                 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 17, 2003                       /s/ Kenneth D. Gibbons
                                       ______________________________
                                       Kenneth D. Gibbons, President

October 17, 2003                       /s/ Marsha A. Mongeon
                                       ______________________________
                                       Marsha A. Mongeon, Chief Financial
                                       Officer

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                                EXHIBIT INDEX

Exhibit 99.1 Union Bankshares, Inc. Press Release dated October 15, 2003,
             announcing a quarterly cash dividend and third quarter
             earnings