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 15, 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:

      o     Written communications pursuant to Rule 425 under the 
            Securities Act (17 CFR 230.425)

      o     Soliciting materials pursuant to Rule 14a-12 under the Exchange 
            Act (17 CFR 240.14a-12)

      o     Pre-commencement communications pursuant to Rule 14d-2(b) under 
            the Exchange Act (17 CFR 240.14d-2(b))

      o     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 July 15, 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 second quarter 
      ended, June 30, 2005 and the declaration of a regular quarterly cash 
      dividend.

Item 8.01.  Other Events

      On July 15, 2005 the Board of Directors of Union Bankshares, Inc. 
declared a quarterly cash dividend of $.24 per share.  The dividend is 
payable on July 28, 2005 to shareholders of record on July 25, 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 July 
            15, 2005, announcing a regular quarterly dividend and second 
            quarter 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.


July 15, 2005                          /s/ Kenneth D. Gibbons
                                       ______________________________
                                      Kenneth D. Gibbons, President

July 15, 2005                         /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 July 15, 2005, 
announcing a regular quarterly cash dividend and second quarter 2005 net 
income and net income per share